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Terms of ownership of cars in Russia

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Russian dealers of Ford began sales of updated Mondeo

Ford Mondeo sedan has received a technological upgrade aimed at the safety improving of the car and improving of the intelligent driver assistance systems. People can order updated Ford Mondeo at all official Ford dealers in Russia.

05 julymore info

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Russians bought 3.86 million passenger cars for 7 months 20.08.19 - 15:36 Russians bought 3.86 million passenger cars for 7 months

This is only 0.6% lower than the same period of the previous year

How much time do Russians need to save up for a new car?

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The most common salary in Russia is 23.5 thousand rubles. This is reported by Izvestia with reference to Rosstat. As they say in the department, according to preliminary data, this is a modal (most common) wage in our country.

Meanwhile, the specialists of AUTOSTAT analytic agency decided to calculate how long a resident of our country with such salary would save up for a new car. We should mention that this is a conditional calculation, as it does not take into account any other expenses. A person is supposed to save up all his salary for a vehicle purchase without a car loan. It does not give a clear idea about the time of money accumulation, but enables to view the economic situation of the majority of Russian citizens.

Taking into account that the average price of a new passenger car in Russia was 1.52 million rubles in the first half of the year, a person with a 23.5 thousand ruble salary needs 65 months (or almost 5.5 years) to save up the entire amount of the purchase. It is obvious that depending on the region of residence or the level of aspiration, this period may differ a lot. E.g., to buy the bestseller of the Russian market – the LADA Granta (its most affordable modification costs almost 440 thousand rubles) - with this calculation, it will take 19 months or a little more than 1.5 years. However, to become an owner of the most popular premium vehicle - the Lexus RX (its minimum price is just over 3 million rubles), one will have to save money for 128 months, i.e. about 11 years.

25.07.19 AUTOSTAT
Source: www.autostat.ru