Car prices increase in Azerbaijan

14:57 - 18.07.2022


July 18, Fineko/abc.az. The automobile market in Azerbaijan observes growth.

ABC.AZ reports that the rise in price is noticeable mainly for used cars. This was reported by car sellers.

They claim that the increase is about 20-25%.

"The reason for the increase in car prices is the rise in price of fuel with octane rating AI-95. Although the use of octane fuel has not been massive, rising prices have increased the demand for used cars. And due to the increase in demand, there is an increase in prices," a market source says.

Since 13 June AI-95 gasoline has risen in price by 0.4 manats up to 2 manats.