OREANDA-NEWS In autumn, the pace of new car prices in Russia will accelerate. ""Sergey Tselikov, the head of the analytical agency Autostat, warned citizens about this,"the newspaper "Izvestia" quotes him as saying.

The expert explained that a number of factors will affect the price dynamics. Among the main reasons for the upcoming acceleration in the price of new cars, Tselikov attributed the weakening of the ruble against the dollar and the traditional adjustments to dealer price tags for the beginning of autumn. According to the analyst, many brands represented on the Russian market resort to this practice.

Other important factors affecting the availability of cars in Russia, experts say, are the regular increase in recycling and the tight monetary policy of the Central Bank (CB). The high key rate makes the conditions of market car loans in the country prohibitive for a significant part of the population.

Against this background, the weighted average cost of a new car in the domestic market has almost doubled over the past six years, Tselikov noted. Given current prices, there is no reason to expect an early surge in car sales in Russia. By the end of the year, the total sales will amount to about 1.3 million units, the analytical agency predicted.