Until the end of the year, prices may soar by 15-30%
The dealers confirmed to Rossiyskaya Gazeta that they plan to raise car prices again. By the fall, stocks that were imported at a favorable rate will run out. New batches will cost 15-20% more.
This will mainly affect cars that are imported into the country using the parallel import model, as the cost of delivering cars is rising, including due to emerging problems with logistics.
Chinese cars, which are supplied to Russia through official channels, should not rise in price as much, as Chinese manufacturers are trying to compensate for foreign exchange and logistics costs, at least partially.
Getting ready for the next sharp rise in car prices: when and how much
The founder of the automotive marketplace Fresh, Denis Migal, said that before the end of the year, prices for new cars could soar, and the increase could reach 30%. All because of the exchange rate and the increase in the cost of customs clearance of cars.
Andrey Terlyukevich, General Director of AvtoSpetsCentre Group of Companies, added the following: “Today, there are no prerequisites for reducing the cost of new cars, because, in addition to the exchange rate, there are other problems that prevent more cars from being imported into Russia, thereby affecting prices. For example, the process of paying for cars between Russian legal entities and European car suppliers is constantly becoming more complicated, and logistics services are becoming more expensive. These factors may cause not only an increase in the cost of new cars by the end of 2023, but also a reduction in the volume of parallel imports – to a limited number of premium models brought by the client’s order.
