Demand for used cars declines in Azerbaijan

The rise in supply of used cars has had a negative impact on sales. The sales dropped by 1.8% in May. The prices on second hand cars remained unchanged with average totaling $15,380.

The decline in sales has caused an extension in exposure terms of cars. In May, supply of Mercedes-Benz, which has led country’s sales for three consecutive years, increased 0.4 percent holding 38.96% of the total sales. A total of 9 brands of cars constitute 82.3 percent of the supply. The remaining 17.7% is shared by 85 brands by over 20 manufacturers.


/1news.az/