Sales of cars in Montenegro increased by 230%

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Sales of cars in Montenegro increased by 230%

Over the past six months in Montenegro, 835 new cars were purchased, with a total value of 9.9 million euros. This indicator grew by 230%, compared with the reporting period last year.

The average cost of the car is about 12 thousand euros.

89.4% of cars were purchased by legal entities, 10.3% by individuals and 0.3% by private entrepreneurs.

Data provided by the Ministry of Finance of Montenegro after analyzing leasing contracts for the purchase of cars.

Car registration in leasing is currently the most popular way of buying in Montenegro for both legal entities and individuals. This way of buying a car is more profitable than buying on credit, and is essentially a long installment plan.

#Prutkov

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