Demand for cars from abroad in Russia has tripled in the last week — by 300%. The reason is the new recycling fee rules, which come into force on November 1.
The new rates will affect cars with engines more powerful than 160 horsepower. For them, the recycling fee will be calculated at a commercial rate. The amounts will increase hundreds of times and may reach millions of rubles. For cars up to 160 hp, preferential rates remain in the range of 3.4–5.2 thousand rubles.
The most popular crossovers and SUVs are at risk: Hyundai Palisade and Santa Fe, Kia Carnival, Nissan X-Trail, Mitsubishi Outlander and Pajero Sport, Toyota RAV4 and Highlander, BMW X3, X5 and 5 Series. Hybrids and electric vehicles over 160 hp will also become more expensive, including Chinese models Li L7 and Zeekr 001.
Due to the upcoming price increase, buyers are actively buying up the last available batches of cars from Japan, Korea and Germany. Queues are already being recorded at ferries and customs terminals, and dealers are working in an enhanced mode. According to them, there are no more than two weeks left to complete the paperwork under the old rules.
Experts warn: orders will still be accepted under the previous conditions until the end of this week. From November, all risks for additional recycling fee costs will fall on buyers. This means that the price of the car may increase after customs clearance.
Read also on the topic:
- Ministry of Industry and Trade Proposes a Progressive Scale of Recycling Fee: Benefits Will Remain for Cars up to 160 hp
- KAMAZ, GAZ and Sollers Proposed to Revise the Recycling Fee on Foreign Cars
- Recycling Fee is Now Calculated According to the Directory: Cheap Cars from the EAEU Will Become More Expensive
Now on home
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