For 10 months, Russians bought more than 735 thousand cars on credit

The number of cars bought on credit (new and used) for the period from January to October this year was 735.6 thousand units. As noted in the National Bureau of Credit Histories (NBCH), this figure is lower by 6% than for 10 months of 2019. At the same time, 88.5 thousand car loans were issued in October, which is higher by 12% than a year ago. In addition, the October issue rate even slightly exceeded the September result (88.2 thousand units). In its turn, as experts of the agency "AUTOSTAT" reported, in October of 2020, Russians bought 154.3 thousand new passenger cars – higher by 5% than a year before. And for 10 months, the volume of their purchases was 1 million 175 thousand units (less by 8% than in January-October of the previous year).