Experts of the Car Market Research Institute analyzed the statistics of registration operations in October 2024 and determined the state of affairs in the used car market in Ukraine.
A total of 101,000 were registered during October. of the first registrations and sales agreements within the country concluded for used passenger cars. This is 2.9% less than in the same month last year, but 7.7% more than in September 2024.
Sales agreements on the domestic market predominate: 83.5% of passenger cars with mileage were purchased domestically. In quantitative terms, this is 84.3 thousand. The share of imported cars with mileage from abroad amounted to 16.5%, or 16.6 thousand.
Internal resales
In the domestic market during October, service centers of the Ministry of Internal Affairs registered 84,300 agreements for the sale of used cars. This is 2.6% more than in October 2023, and also 8.8% more than in September 2024.
After a slight decline in September, caused by the August news about the probable increase in car taxes, trading volumes on the "secondary" market returned to their usual values.
The largest number of registration transactions on the domestic market traditionally took place in the Kyiv region (18.8 thousand) and the city of Kyiv (10.3 thousand). Dnipropetrovsk region is also in the top three for resales with a total of 6.5 thousand. purchase and sale agreements.
Import of used cars
In September 2024, 16,600 used cars imported from abroad were submitted for first registration. This indicator is 23.6% lower than in September 2023, but slightly higher than a month earlier — by 2.7%.
After the "artificial stimulation" of the segment (the reason — the news about new taxes) more cars were "driven" in August, quite expectedly, fewer first registrations took place in the following periods.
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Like last month, the most actively registered used cars brought from abroad were in Lviv region (2.2 thousand first registrations), Kyiv city (2 thousand) and Kyiv region (1.1 thousand).
It is worth noting that the number of imported cars refers to the number of first registrations carried out by service centers of the Ministry of Internal Affairs. Usually, there is a certain amount of time between the delivery of the car, customs clearance, completion of other formalities and the first state registration — from several days to several months.
- Need complete information about the car market with mileage? - Contact the Institute of Car Market Research — we have convenient interactive dashboards that help you easily understand the state of affairs and quickly make accurate decisions!
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