Logo frontrunnerzmotorcycleclub.com
Auto 2023

Russian Dealers More Often Sell Cars Through Trade-in

Russian Dealers More Often Sell Cars Through Trade-in
Russian Dealers More Often Sell Cars Through Trade-in

Video: Russian Dealers More Often Sell Cars Through Trade-in

Отличия серверных жестких дисков от десктопных
Video: Buying a New Car in Russia. What's the best selling car brand in Russia? 2023, January

In the first half of 2019, auto retailers noted an increase in the number of car sales transactions using the trade-in program. In addition to the "classic" scheme - the exchange of their car for a new one - sellers noted the buyers' interest in the option of exchanging for another used car, Izvestia writes.

From January to June 2018, approximately 7-20% more cars were sold through trade-in than a year earlier. Moreover, the share of used cars purchased according to this scheme has grown to about 15%. Experts note that in general in Russia every third new car is purchased in exchange with a surcharge - 35%, and some companies, in particular, the Avtomir Group of Companies, have increased the share of trade-in to 64%, while in the first half of 2018 it was only 49%.

Experts attribute the growth in sales through trade-in in the secondary market, among other things, to a drop in demand for new cars. Mikhail Chaplygin, General Director of Auto-Dealer-SPb, believes that for a dealer, trade-in is an opportunity for good earnings with a deal margin of 10% or more. In a number of retailers, sales of used cars have already caught up with new ones.

According to Avto.ru, in the first eight months of 2019, a little more than 1 million new passenger cars were registered in Russia, which brought the market a little closer to last year's result: a difference of only 1.2%. At the same time, the demand for used cars turned out to be better and almost remained at last year's level: minus 0.1% and 3.5 million cars that were registered with the traffic police.

Popular by topic