Cyprus’s car market showed strong growth last year and, for the first time, surpassed the 40,000-registration mark. According to data from the Statistical Service, in 2025 a total of 40 778 passenger cars (sedan body type) were registered, which is 6.2% more compared to 38 410 cars in 2024. The positive trend confirms a recovery in consumer demand amid economic stabilization and the gradual renewal of the country’s vehicle fleet.
New and used cars: the balance remains
Used cars still make up the main share of the market. In 2025, they accounted for 64.1% of all registrations, which corresponds to 26 145 cars. New cars made up 35.9% of the market with 14 633 registrations. This structure remains typical for Cyprus, where buyers traditionally prefer more affordable options, especially amid rising living costs and borrowing.
Fuel preferences: hybrids strengthen their position
The most notable trend of 2025 was the further strengthening of hybrid vehicles. Their share increased to 44.3% compared to 37.1% in 2024, reflecting drivers’ desire to reduce fuel costs and adapt to EU environmental requirements. At the same time, the share of petrol cars fell to 42% from 48.6% a year earlier, and diesel — to 8.9% versus 10.3% in 2024. Electric vehicles still occupy a modest niche, but their share rose to 4.7% from 4% a year earlier, supported by government incentives and the development of charging infrastructure on the island.
Market leaders: brands and Cypriots’ preferences
Overall, the absolute leader in 2025 in the sedan segment remained Toyota with 8 020 registrations. It is followed by Mazda (4 898) and Nissan (3 716). In the premium segment, BMW held strong positions with 2 369 registrations and Mercedes with 2 076. Next in the ranking were Kia (1 817), Volkswagen (1 443), Honda (1 308), Hyundai (1 307) and Audi (897).
New cars: who is at the forefront
Registrations of new passenger cars (sedan body type) in 2025 reached 14 633, of which 13 085 were private vehicles. The leader among new cars was Kia with 1 730 registrations, followed by Toyota (1 211) and Hyundai (1 183). The top five also included Nissan (1 155) and Volkswagen (1 139). In the new-car segment, BMW (711), Mercedes (658), Renault (615), Jeep (588) and Audi (509) captured a notable market share.
Used cars: steady demand
The used-car market in the sedan segment in 2025 maintained its dominant position, reaching 26 145 registrations, of which 22 282 were private vehicles. Toyota confidently holds first place with 6 809 registrations, followed by Mazda (4 830). Next came Nissan (2 021) and BMW (1 658), with Mercedes (1 418) rounding out the top five. Other popular brands include Honda (1 183), Land Rover (528), Suzuki (406), Audi (388) and Volvo (354).
Market outlook
Experts note that in 2026 the car market in Cyprus may maintain moderate growth, driven by the renewal of corporate fleets, the tourism sector, and a further shift in demand toward more economical and environmentally friendly models. At the same time, the key factor will remain the population’s purchasing power and the level of prices for cars and fuel.
A wide selection of cars on the portal DOMCar.
Photos: pixabay.com, DOM
