The sales of secondhand cars have risen by 1.2% in July

The sales of secondhand cars have risen by 1.2% in July

RBK – 458,000 second-hand vehicles have been sold in Russia in July 2016, as stated by the analytical agency Autostat. The figure indicates a 1.2% year-on-year increase. The used cars market has amounted to approximately 2.92 million units in Russia within the first seven months of 2016, following a 9.3% growth.

LADA was the most popular brand in the second-hand car market in July, with a total sales figure of 125,300 vehicles (+9.8%). Having the most number of vehicles in the country and accordingly the most affordable prices, especially in aged automobiles, making it possible for people to buy the first cars in their life, are the reasons behind the leadership of LADA in the used cars market, as reported by the analytical agency.

The second place is occupied by Toyota. 52,600 Toyota were sold in Russia in July, following a 5.7% year-on-year rise. Nissan completes the top-three. 24,600 used Nissan vehicles were sold in Russia last month (+5.9%).