The shortage in the secondary car market was formed only in a certain price category, I told ABF "Economics today» auto expert Igor Morzharetto.
The lack of new cars at dealerships has caused an increased demand in the secondary market.
The secondary car market remains in positive territory
“During the pandemic, the demand for new and used cars has multiplied. Russians actively invested savings in the auto industry, therefore, this industry has been the least affected by the coronavirus ", - says Morzaretto.
According to the results of the car market 2020 of the year turned out to be one of the most popular among Russians. Especially positive dynamics became noticeable in the secondary market. Last year, more than 5,5 million used cars. High demand was observed in November and December, bought more than 500 thousand. used cars. Demand growth amounted to 9% and 17% respectively.
“The aftermarket feels confident, however, there are indeed notes of scarcity. In the past few years, there have been significantly fewer cars in the most demanded price segment - from 200 000 rubles to 500 000 rubles ", - explained Morzaretto.
Increased interest in used cars in the current economic environment is driven by deferred demand, arising during the global fight against the coronavirus pandemic, the growth of foreign currencies against the ruble, as well as the closure of borders. Due to the quarantine, the Russians had to spend their savings not on the intended vacation abroad, but inside the country, as well as to buy a car.
Due to the decline in income levels amid the global crisis, some had to choose a more affordable car, moving from the market of new cars to used cars.
"WITH 2015 a certain trend has developed on the market: the most demanded cars are sold less often, and the demand for them has become, conversely, higher. Everything began to recover only to 2018 year, but with the arrival of the coronavirus pandemic, the situation repeated itself. but, despite all the factors, the secondary market is now in clear advantage ", - said Morzaretto.
New cars have become less popular
Against the background of rush demand, prices for used cars have grown more significantly compared to new ones. Average secondary car cost in December 2020 I have made 666,4 thousand. rubles, which is six percent more, than in November of the same year. Compared to December 2019 the difference was nine percent, and the price was at the level 612,5 thousand. rubles.
"AT 2020 year on the primary car market there was a shortage, as many companies have reduced production due to the pandemic. Buyers are more likely to opt for used cars. After all, a secondary car is much cheaper, which was especially important in a difficult year ", - states Morjaretto.
Used car cost, as well as new, depends on the ruble exchange rate, says expert. AT 2021 year, prices for cars of all categories will change depending on the forecasts of the Central Bank. On average, the car market is expected to rise in price by ten percent. On the "secondary", first of all, cars will rise in price, which have been in operation for no more than three years.
The highest demand among used cars is shown by Kia Rio - 15%, Hyundai Solaris - eight percent and Lada Granta sedan - six percent. In this way, one of these models in the future can become the leader of the secondary car market.
“No risks are foreseen in the used car market now. New cars have become less popular, which leaves the primary market a little behind. This is due to the greater affordability. With the same finances, you can buy a car with a higher class mileage, than new from the salon ", - concluded Morzaretto.
Automotive expert considers, what in 2021 year the aftermarket will grow. Everything will depend on the development of the economic situation in the country and the world as a whole.. Complete abolition of quarantine will positively affect consumer demand.
Valeria Borisevich
