Car Brands with Mileage, Preowned Car Market Russia-Ken Research

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Russia Used Car Market Sale Is Expected To Reach
5.9 Million Units by 2022 Ken Research
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Russia Used Car Market by type of car sale
(Sedans, Crossovers and SUVs, Hatchbacks and
Others include Micro Vans and MPVs) by Car Age
(Less Than Five Years, Five to Ten Years and More
Than Ten Years) by Distribution Channels (Dealers
and Online) by Region (Moscow Region, Moscow,
Krasnodar Region, St. Petersburg, Rostov Region
and Others) by Origin of Cars (Foreign Cars and
Domestic Cars) including competition parameters
of Auto.RU, Avito.RU, CarPrice.RU for online
companies and Rolf Group, TransTehService and
Major Group for Dealerships. Ken Research in its
latest study, Russia Used Car Market Outlook to
2022 - by Type of Car (Sedans, Crossovers and
SUVs, Hatchbacks and Others include Micro Vans
and MPVs) by Car Age, by Distribution Channels
(Dealers and Online) suggests that the demand
for used cars in Russia would continue to grow
owing to expansion in online used car companies
service portfolios, expansion in the number of
dealers for sale used cars, increase in the
number of used cars in Russia with increase in
average replacement age of cars, rise in sale of
used cars through online distribution channel,
increase in car loan finance services.
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Increase in Average Replacement Age of Cars lead
to decline in sale of used car market in Russia
as people tends to purchase more of used cars
which are in the bracket of 5-10years. Used car
loan finance services in Russia has increased and
it is expected that it would increase further in
future as major used car dealers such as Rolf
Group, TTS and Major Group are focusing to expand
their used car loan financing services in future.
Sale of used cars is expected to increase
majorly through the online distribution channel
as people in Russia mainly prefers to purchase
used cars through C2C sites which eliminates the
commission margin of middle men. Growth in
Russia used car market will be facilitated by the
increase in the number of online used car
companies, increase in average age of cars,
increase in car loan finance services rise in
value added services offered through both online
and dealers of used car companies and increase in
number of quality checks and car inspection with
adequate number of tests. Major online used car
companys capturing the major market share of
online used car sale is Auto.RU, Avito.RU and
CarPrice.RU.
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Functioning of used car online companies is
majorly dependent on funding through large
investors such as Almaz capital, Baring vostok
capital partners and many others. It is expected
that the funding received to online companies
will increase in future as online used car market
has the highest potential to grow in
future. Russia used car market is expected to
grow in future as there has been increase in
amount of loan sanctions for used cars and major
online and offline dealers are focusing towards
expanding their services in providing loans to
used car which will automatically leads to
increase in sale of used car market in Russia.
The economic slowdown would attract more number
of people to purchase used cars in Russia as they
can easily afford an aged used car due to its low
price. Russia Used Car Market is expected to
increase in future as there is increase in rate
of private ownership of cars among people in
Russia and due to high average price of new cars
people would be purchasing more number of used
cars in future as they would get top brand cars
which is less driven, having good quality and are
well maintained at much lower price than that of
new car.
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Keywords Used Cars Industry in Russia Cars with
a Run industry Russia Cars with Mileage Market
Russia Sales of Cars with Mileage Car Brands with
Mileage Preowned Car Market Russia Demand for Old
Cars in Russia Average Price Used Car
Russia Major Dealers Russia Used Car Online Used
Car Companies Russia Online Used Car Major
Companies Russia Online Used Car Financing
Market Russia Online Used Car Market Russia
Online Used Car Industry Russia Online Second
Hand Car Sales Russia Used Buses Market Car
Auction Market Russia Russia Used Car Ecosystem
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Cars with a mileage Russia sales volume Russia
Used Car Financing Market Russia Used Car
Market Russia Car Dealer Market Russian internet
site for used cars Used Car Loan Russia Used Car
Market Trends in Russia Auto.ru Market Share
Russia Used cars Sales Russia Russia Online Car
Broker Market Used car Industry Revenue
Russia Hatchback used cars Russia Sedan used car
Market Russia Foreign used cars Industry
Russia Best Selling Used Cars in Russia Imported
used cars Market Russia Pre-owned Car Sales in
Russia Used Cars for Sale in Russia Used Lada
Growth in Russia
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For more information on the research report,
refer to below link https//www.kenresearch.com/a
utomotive-transportation-and-warehousing/automotiv
e-and-automotive-components/russia-used-car-market
/146656-100.html   Related Reports by Ken
Research https//www.kenresearch.com/automotive-
transportation-and-warehousing/automotive-and-auto
motive-components/indonesia-used-car-report/79410-
100.html   https//www.kenresearch.com/automotive-
transportation-and-warehousing/automotive-and-auto
motive-components/india-used-car-2015-edition/654-
100.html Contact Us Ken ResearchAnkur Gupta,
Head Marketing CommunicationsSales_at_kenresearch.
com91-9015378249
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