
The Property Market Participants NGO announced the results of monitoring of the secondary car market (used-car market) in Baku in December 2011. The monitoring results showed that the average price of a car on the secondary market reaches $16,150.
The monitoring covered 13,500 vehicles involved, 28.2 percent of which were put on sale in December and the remaining - at an earlier time.
Cars "Mercedes-Benz" have been holding first place in the sales for the past three months. Their share in this sector hit 31.8%, slightly less than last month.
A significant growth proposals for automobiles VAZ (+4.1%) was recorded in December. Nine brands hold 83.7% of the proposals on the secondary car market. The remaining 16.4% was divided between more than 80 cars of various brands owned by 20 firms.
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Day.Az/