© DELFI / Mindaugas Ažušilis

Car sales in Lithuania are growing and has almost reached the levels before the 2008 downturn.

In all, 86,000 cars were sold in Lithuania between January and March, 6.3% more than during the same period last year.

Sales of new cars grew even more, 5,300 deals or 20% more year-on-year.

Mantas Buzelis, development head at the autoplius.lt classified ad portal, says that Lithuanians have been increasingly favouring new cars over second-hand vehicles.

"A year ago, there were 5.9 used cars sold per each new vehicle, whereas this year the ration is 4.9 to one," Buzelis has told vz.lt.

He notes that prices of both new and used cars grew last year following the adoption of the euro, but have stabilized now. Used cars are about 10.8% more expensive now, compared to a year ago, while the prices of new cars have grown 2.4% on average.

Still, new cars make up only 6.2% of the market in Lithuania. Used cars up to 5 years old make up 8.9% of all deals while vehicles between 11 and 15 years old are still the most popular with Lithuanian buyers, accounting for 29.9% of the market.

German leaders tell Lithuanian president sanctions on Russia to continue

Lithuanian President Gitanas Nauseda says he has received assurances from Germany 's leaders that...

State and municipalities receive EUR 190 mln in unplanned revenue

Lithuania's state and municipal budgets received 6.247 billion euros in revenue in January-July,...

Indian vice president to visit Lithuania (2)

Indian Vice President Venkaiah Naidu is to meet with Lithuanian President Gitanas Nauseda during...

President sacks corruption-suspected judge and turns to parliament over two other

Lithuanian President Gitanas Nauseda has on Friday dismissed Henrichas Jaglinskis , a judge of...

President rejects government's nominee for EU judge Valancius

Lithuanian President Gitanas Nauseda has rejected the government's proposal to re-appoint...