Russians bought half of the new machines for their money

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www.vsyako.netPhoto: Alexander Koryakov / Kommersant

In 2019 the Russians bought almost half of the 45 per cent not on the money. The number of loans reached a record number in six years, an increase of 11.9 percent, according to owned by Grigory Berezkin the RBC.

A total of 947,3 issued thousands of loans for new and used vehicles, their total volume reached 746,45 billion, which is 18.9 percent higher than a year earlier.

The average loan size increased by 6.3 percent to 787,9 thousand rubles. The counting was conducted by the National Bureau of credit histories (NBCH) and the analytic Agency “AUTOSTAT”, the data cover nearly 100 percent of the loans segment.

Despite the maximum rate on loans since the crisis in 2014, Russia has seen a fall auto. The demand for used cars, that is cheaper, has decreased less than on new.

Associate Director on Bank ratings “Expert RA” Catherine Shurigina noted that such dynamics may be explained by the lower income buyers, and cheaper loans. Experts also agree that the falling car market would have been more significant if not for the program of concessional lending.

This year is expected to continue falling demand, because the government still intends to sharply increase and income growth is too slow.

Earlier it was reported that akreditavimo Russian regions Kalmykia, Tuva Republic and Kurgan oblast. And best of all, the situation in the Crimea, Sevastopol and Dagestan.

Video, photo All from Russia.

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