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Used Chinese cars have risen in price by 62 percent in a year

Analysts note a trend towards rejuvenation of the car fleet from China – mostly Russians resell cars under the age of six years, while in 2021 and 2022 nine-year-old cars were more often resold. Moreover, 74 percent of them are no more than two years old.

The mileage of cars put up for sale has also decreased. At present, it averages 75-80 kilometers against 100-120 thousand kilometers two years earlier.

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