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  5. Avito Auto: sales of used premium cars more than doubled

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Avito Auto: sales of used premium cars more than doubled

Avito Auto experts analyzed sales statistics for premium brand used cars under 3 years old in Russia in Q1 2023 . According to the platform, in January-March 2023, sales of three-year-old premium cars increased by 107.3% compared to the same period last year. The top-selling models in the segment were the BMW X5, BMW 5 Series, Mercedes-Benz E-Class, Lexus RX and BMW X7.

The average cost of a three-year premium car with mileage in Russia in the first quarter of 2023 was 5,990,000 rubles. Premium brands accounted for 1.8% of total sales in the used car market in January-March 2023.

“Despite the high cost of premium brand cars relative to used cars in the mass segment, interest in the first is growing. Buyers appreciate their high build quality and reliability. Cars under the age of 3 years are considered by many as an alternative to a car from the passenger compartment. The average price of premium cars with mileage is lower than that of new cars in this segment, but at the same time they are more modern equipment, in good condition, and often have low mileage. Avito Auto presents a wide range of cars with mileage of premium brands under the age of 3 years, while you can buy such a car at an attractive price”,Avito Auto experts note.

From BMW X5 to Lexus LX: the best-selling premium models in the used car market

The ranking of the most sought-after premium models in the market for cars with mileage under 3 years in the first quarter of 2023 is headed by the BMW X5. The model accounted for 5.1% of total sales of pre-owned premium brands under the age of 3 years. The average price was 7,948,000 rubles.

The second place is taken by the BMW 5 Series with a sales share of 4.4% and an average price of 4,350,000 rubles.

The third place in the ranking is the Mercedes-Benz E-class. The model accounted for 4.2% of sales in the segment. The average price was 4,458,000 rubles.

Fourth place is occupied by Lexus RX with a sales share of 3.8% (average price — 5,800,000 rubles), fifth — BMW X7 with a share of 3.4% (average price — 10,700,000 rubles).

Also in the top 10 best-selling used car models of premium brands under the age of 3 years included (in descending order of sales share): BMW X6, BMW 3 Series, Genesis GV80, BMW X3 and Lexus LX.

Top-10 models of premium brands by share of sales in the segment of cars with mileage up to 3 years, Q1 2023, all of Russia, Avito Auto

BrandModelShare of model sales in the segmentAverage price( RUB)BMWX55.1%7,948,000BMW5 series4.4%4,350,000Mercedes-BenzЕ-class4.2%4,458,000LexusRX3.8%5,800,000BMWX73.4%10,700,000BMWX63.2%8,690,000BMW3 series3.1%3 450,000GenesisGV802.7%5 370,000BMWX32.5%4,590,000LexusLX2.3%14,000,000 /i>

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