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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