It was compiled by the CarGuns portal.
According to the published information, the cars of those brands that are actively bought by Ukrainians at insurance auctions increased the most in price over the year. Namely – Ford, VW, Toyota, Hyundai and Kia.
So, over the year, the following price increases were revealed:
- Ford – 38.7%
- Volkswagen – 35.1%
- Toyota – 30.5%
- Hyundai – 30.1%
- Kia – 30.1%
As for models, the price surge primarily affected the following cars:
- Ford Focus
- Ford Escape
- Ford Fusion
- Ford Edge
- Toyota Camry
- Toyota RAV4
- Toyota Prius
- Volkswagen Golf
- Volkswagen Jetta
- Volkswagen Passat
- Volkswagen Passat CC
- Volkswagen Tiguan
The only exception was RAM brand cars, which were ahead of everyone in price growth – 40.5%. Also unexpectedly distinguished were cars of the premium brand Aston Martin – 38.1%.
On average, according to CarGuns, over the past year used cars in the States have risen in price by 30%, and since the beginning of the year – by 17%. This commotion in the secondary market was caused by a shortage of new cars (you can read about the reasons for the current situation in America here).
Autoportal comment
Does this mean that in Ukraine prices for used cars from the USA will rise by a third? Unlikely. The fact is that for the most part, the price increase concerns whole used cars – “wrecked” and “drowned” cars have also risen in price, but not so noticeably. Secondly, we still have different market realities: damaged cars from America after a strong price increase will not be able to compete with “Europeans” and “official” cars, so sellers will inevitably have to lower the price. Another thing is that such a trend may lead to the fact that outright “junk” will be brought from America, since a good car (with minimal damage) is already not so easy to find. However, time will tell how it will be in practice.
