In August, Russians bought more than 86 thousand cars on credit

The number of cars purchased on credit (new and used) at the end of August 2020 reached 86.5 thousand units. As noted in the National Bureau of Credit Histories (NBCH), this figure is exactly the same as in August of 2019. However, in comparison with the results of July of this year (100.8 thousand units), there is a decrease in the issuance of car loans (-14.2%). In turn, the experts of the analytical agency "AUTOSTAT" reported about the August fall in the market of new passenger cars: -7.7% by August’19 and -16.6% by July’20.