• What prices will be in Kazakhstan for cars, according to experts

What prices will be in Kazakhstan for cars, according to experts

Какие цены будут в Казахстане на авто, по мнению экспертов

22.05.2024

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2 minutes of reading

While writing the article, the Rentacar expert conducted an analysis based on their experience in the car market in Kazakhstan. They also took into account the statements of Anar Makashev, Vice-President of the Kazakhstan Automobile Business Association, and Eduard Edokov, Chairman of the Independent Automobile Union.
Anar Makashayeva states that a total of 25 car brands have been introduced to the market in Kazakhstan. Various distributors supply these cars through car dealerships, either directly from manufacturers or through logistics partners. The Vice President of AKAB has confirmed that currently, as of 2022, there is no shortage of cars available at dealerships. You can visit any salon and purchase a car without any issues. She also mentioned that prices remain unchanged at the moment, despite fluctuations and temporary price increases during the COVID-19 pandemic. Although there was a slight shortage of cars during the height of the pandemic, the situation started to improve in early December of 2021, with improved supply and logistics from non-Chinese and non-Russian sources.
Now, at the moment of March 8, 2022, Kazakhstan is facing a new challenge due to the military and political tensions between Russia and Ukraine. The exchange rate of the dollar against the tenge is rising steadily, and an increase in car prices is expected in the near future.
Some car dealerships have not adjusted their prices yet, as they purchased and sold cars prior to the current situation. All vehicles that were cleared prior to the conflict are being sold at their original prices. Other dealerships have already increased their prices, but it is unclear whether this is due to the exchange rate or the geopolitical situation. For instance, the Shymkent Nissan dealership, which imports cars from Russia, has increased prices by 1.5 million tenge. And most likely, due to the numerous sanctions imposed on the Russian Federation, many companies will once again turn to China for supplies.
In the near future, car prices in Shymkent are expected to increase, making it more expensive to purchase a vehicle. As a result, one possible solution for those in need of transportation is to consider renting a car instead. This option may be particularly beneficial for individuals who are unable to afford the increased costs of car ownership.
While it is difficult to predict the exact future of the Kazakhstani car market, it seems likely that there will be challenges in the near term. Purchasing a car may not be a viable option, and prices are likely to continue to rise. The economic situation in Kazakhstan is likely to remain challenging due to the ongoing issues with Russia. Therefore, it is important for car dealers and distributors to explore new strategies for importing vehicles into the country.