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Chevrolet and Kia models see price drops in secondary market

The Institute for Macroeconomic and Regional Studies (IMRS) has analyzed changes in prices on the secondary car market for May 2025. The study shows that popular Chevrolet models – such as Onix, Lacetti, Cobalt, Nexia, Spark, and Damas – have become more affordable. Several Kia models also saw price reductions, while electric vehicles, particularly BYD models, have become noticeably more expensive, largely due to an increase in recycling fees.

Photo: KUN.UZ

Prices of popular domestic vehicles (Used)

  • Onix:
  • Heavily used: down by $800 (from $13,800 to $13,000)
  • Moderately used: down by $220 (from $13,700 to $13,480)
  • Lacetti:
  • Lightly used: down by $100 (from $14,800 to $14,600)
  • Heavily used: down by $100 (from $13,000 to $12,900)
  • Moderately used: down by $75 (from $14,075 to $14,000)
  • Cobalt:
  • Lightly used: down by $144 (from $12,700 to $12,556)
  • Nexia:
  • Moderately used: down by $100 (from $11,000 to $10,900)
  • Spark:
  • Heavily used: down by $100 (from $8,900 to $8,800)
  • Damas:
  • Heavily used: down by $200 (from $7,200 to $7,000)
  • Moderately used: down by $200 (from $7,800 to $7,600)
  • Lightly used: down by $50 (from $8,050 to $8,000)

Prices of domestic luxury vehicles

  • Equinox:
  • Lightly used: down by $1,166 (from $34,666 to $33,500)
  • Malibu:
  • Lightly used: down by $750 (from $31,250 to $30,500)
  • Moderately used: down by $1,450 (from $29,950 to $28,500)
  • Tracker:
  • Moderately used: down by $300 (from $17,300 to $17,000)
  • Lightly used: down by $175 (from $18,600 to $18,425)

However, some models saw price increases:

  • Equinox (moderately used): up by $700 (from $29,800 to $30,500)
  • Equinox (heavily used): up by $200 (from $26,000 to $26,200)
  • Tracker (heavily used): no change ($16,000)

Electric vehicle prices

  • BYD Song Plus EV Champion:
  • Moderately used: down by $150 (from $26,350 to $26,200)
  • New: up by $1,100 (from $27,800 to $28,900)
  • BYD Han:
  • Moderately used: up by $2,000 (from $32,000 to $34,000)
  • New: up by $1,100 (from $31,900 to $33,000)
  • BYD Yuan Up:
  • Moderately used: up by $850 (from $19,300 to $20,150)
  • New: up by $406 (from $20,500 to $20,906)

Prices of foreign vehicles

Significant price drops were observed in several Kia and Hyundai models:

  • Kia Carnival:
  • Heavily used: down by $3,500 (from $36,000 to $32,500)
  • Lightly used: down by $2,028 (from $47,000 to $44,972)
  • Moderately used: down by $1,000 (from $46,000 to $45,000)
  • Kia Sorento:
  • Heavily used: down by $2,100 (from $35,250 to $33,150)
  • Moderately used: down by $1,700 (from $38,000 to $36,300)
  • Kia K5:
  • Lightly used: down by $2,777 (from $32,000 to $29,223)
  • Heavily used: down by $350 (from $25,300 to $24,950)
  • Moderately used: down by $150 (from $27,150 to $27,000)
  • Kia Sportage:
  • Heavily used: down by $2,250 (from $28,500 to $26,250)
  • Moderately used: down by $200 (from $30,000 to $29,800)
  • Hyundai Elantra:
  • Heavily used: down by $1,000 (from $21,000 to $20,000)
  • Moderately used: down by $301 (from $21,201 to $20,900)
  • Kia Seltos:
  • Heavily used: down by $1,000 (from $23,000 to $22,000)
  • Moderately used: down by $409 (from $24,850 to $24,441)

Notably, price increases were seen in:

  • Hyundai Elantra (lightly used): up by $116 (from $24,112 to $24,228)
  • Kia Sorento (lightly used): up by $1,250 (from $43,250 to $44,500)

Methodology

The price data was obtained via web scraping from the platform olx.uz, covering 15,500 listings for both May and April.

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