Avito Auto experts analyzed statistics on the demand for Chinese used cars in platform for 2023. The share of Chinese models on the platform in the used car category reached 5.1% in December 2023. At the beginning of 2023, this figure was 2.2%. The most popular models last year were Chery Tiggo (T11), LIFAN Solano and Geely Monjaro.
The share of used cars from Chinese manufacturers on Avito Auto increased by 2.9% over the year. The highest rate was recorded in November 2023 – 5.2%. The average price obtained using the Avito Valuation tool based on the facts of the transaction increased accordingly: from 740,000 rubles in January to 1,300,000 rubles in December 2023.
< b>Share of Chinese cars in the used cars category on Avito in 2023
Attractive prices, a wide range, modern design and a steadily growing level of reliability make Chinese cars increasingly in demand among buyers. This is also reflected in the market situation: a systematic increase in demand entails an increase in cost. However, pricing is influenced by a large list of different criteria that are important to consider to determine the fair value of a car. The Avito Assessment tool analyzes up to 36 parameters and thus helps sellers make the best offer regarding the market situation, and buyers help navigate it. Vadim Ivanov Director of Cars at Avito Auto
Average price in Avito Auto advertisements for Chinese cars with mileage in 2023 vs. Average forecast price obtained using Avito Estimates based on transaction facts
From Chery Tiggo (T11) to Lifan Smily (320): which Chinese models are in greatest demand on the used car market
The ranking of the most popular Chinese used cars on the platform at the end of 2023, according to Avito Rating, is headed by the Chery Tiggo crossover (T11). In second place is the LIFAN Solano sedan, in third place is the Geely Monjaro crossover. Also in the top 5 of the ranking with fourth position is Chery Amuler (A15), and Geely Emgrand EC7 closes the top five.
Lifan X60, Geely Coolray, Geely MK, LIFAN Breez (520), LIFAN Smily (320 ) are also among the ten most popular cars of the Chinese automobile industry.
Top 10 Chinese models on the used car market, 2023, all of Russia, data from Avito Estimates
< li>Chery Tiggo (T11)