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Auto expert Ivanov does not expect an increase in car prices in the segment up to one million rubles.

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Cars in the price segment up to one million rubles are selling at the same pace as last year, and no changes in this trend are expected. This was reported on the "Russia 24" TV channel by Kirill Ivanov, the deputy general director of an online service for selling used cars.

Auto expert Ivanov does not expect an increase in car prices in the segment up to one million rubles.

25.02.2025

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📝 Summary

Cars in the price segment up to one million rubles are being sold at the same pace as last year, and no changes in this trend are expected. This was reported on the air of the TV channel "Russia 24" by the deputy general director of an online service for selling used cars, Kirill Ivanov.

As for the more expensive options, they will sell slightly worse, according to the expert. "In the segment up to a million, cars are selling at the same pace, prices are increasing compared to the previous year, and most likely this trend will not change this year. Cars priced over a million have seen an increase in turnover, they sell slightly slower, around 30%, and their prices are decreasing. Therefore, our expectation is that the segment up to a million will remain unchanged - it represents the main share of the market, about 70%; while everything else will sell slightly worse," Ivanov said. In addition, the automotive expert noted that dealers are placing more emphasis on new cars rather than used ones.