Car ownership in Cyprus continues to rise at a rapid pace. Today, most Cypriot households own at least two vehicles.
From January to August 2024 alone, 9,217 sedans were imported to the island — a 13.1% increase compared to the same period in 2023.
Interestingly, around 60% of all sedan registrations are still for used cars, showing the ongoing popularity of second-hand vehicles on the island. In contrast, the demand for electric vehicles (EVs) remains relatively low, accounting for just 3.3% of total imports during this period. Hybrid vehicles perform slightly better, making up 36.8% of all imported passenger cars — a sign that Cypriots are gradually leaning towards more eco-friendly options.
Top Car Brands in Cyprus (January–August 2024)
When it comes to car brands, Toyota continues to dominate the market, maintaining its position as the island’s favorite. Here’s a breakdown of the top brands based on total registrations (both new and used):
Toyota – 4,693 registrations
Mazda – 3,141
Nissan – 2,517
Kia – 1,811
Mercedes – 1,515
BMW – 1,405
Volkswagen – 1,304
Hyundai – 1,072
Honda – 695
Land Rover – 600
New Car Registrations in Cyprus
In the new car segment, Kia leads the way with 1,729 registrations, followed by Nissan and Volkswagen:
Kia – 1,729
Nissan – 1,117
Volkswagen – 1,045
Hyundai – 1,003
Toyota – 991
BMW – 513
Mercedes – 422
Audi – 362
Skoda – 256
Renault – 236
Used Car Registrations in Cyprus
Used cars remain the dominant choice, with 15,939 registered in the first eight months of 2024. Toyota once again takes the lead in this category:
Toyota – 3,702
Mazda – 3,053
Nissan – 1,400
Mercedes – 1,093
BMW – 892
Honda – 595
Land Rover – 369
Suzuki – 323
Volkswagen – 259
Lexus – 243
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