Car Price Growth In Russia Has Exceeded 200% In 12 Years
- 29.04.2026, 18:12
The sharp rise in prices began in 2015.
Over the past 12 years, cars in Russia have more than tripled in price, the general director of the analytical company Avtostat Sergey Tselikov has calculated. The sharp rise in prices began in 2015. Tselikov recalls that back in 2014 sanctions were imposed against Russia, and at the end of the same year there was a devaluation of the ruble. The second powerful period of price hikes was the 2020-2021 pandemic. Then disruptions in global supply chains led to a worldwide shortage of cars, reports The Moscow Times.
The outbreak of war in Ukraine in 2022 was the third stage of the rise. According to Tselikov, the market structure changed dramatically: supplies of brands familiar to Russia stopped, their remnants became sharply more expensive, and Chinese models replaced them.
The current average price of a new car is now 3.79 million rubles, while in 2014 it was 1.2 million rubles. Over 12 years, new cars have thus risen in price by 216%. Tselikov specifies that the calculation is made on the basis of average prices on three sites of announcements. Cars with mileage for the same period went up in price by the same amount - 210%. According to the expert, the price dynamics in the secondary market repeats the prices of new cars with a lag of up to one and a half years.
In the last two years, prices for new cars and cars with mileage have stabilized. According to Tselikov, the market has come to a limit at which price growth is already bumped by purchasing power. "The next impetus to price growth will be another devaluation of the ruble. Since the currency component in the price of a car is very high. Even in Russian-built cars. But in the current situation, the ruble is stronger than ever," he noted.
Last year, Tselikov also calculated that since the end of 2021, prices for the main models of AvtoVAZ have increased by an average of 72%, and for Chinese brands in Russia - twice. This is twice as much as the accumulated inflation (36%) over the same period. As Alexei Podshchekoldin, president of the Russian Car Dealers Association, noted, a new car is becoming less and less affordable for the population: if in 2014, 30 average salaries were enough to buy one, now it takes more than 40. According to the association's forecast, by 2030, new cars may be available to only 5-7% of the population.