Latest trend in Baku’s car market announced

The Property Market Participants NGO announced the results of monitoring of the secondary car market (used-car market) in Baku May 2012. The monitoring results showed that the average price of a car on the secondary market reaches $15,750.

The monitoring covered 16,000  vehicles involved, 25.1 percent of which were put on sale in April and the remaining - at an earlier time.

Cars "Mercedes-Benz" have been holding first place in the sales for over past three years. Their share in this sector hit 35%. An increase is observed in demand for SUVs.

Nine brands hold 86.7% of the proposals on the secondary car market. The remaining 13.3% was divided between more than 80 cars of various brands owned by 20 firms.


/Day.Az/