Рейтинг@Mail.ru

The report in focus

"AUTOSTAT OMNIBUS-2020". Winter Car tires: preferences of car owners (fourth wave)

"AUTOSTAT OMNIBUS-2020". Winter Car tires: preferences of car owners (fourth wave)

Exit date 07.12.2020

Format PDF

Price 3500 eur.

The fourth autumn wave of the project is aimed at identifying consumer preferences in the ...

07 december more info

Top news

Russian MINI dealers were left without cars 21.09.21 - 13:38 Russian MINI dealers were left without cars

The cars available for purchase have almost completely disappeared

Infographics

Dynamics of the car loan market in 2014-2021

The issue of car loans in Russia continues to grow - both in quantitative and monetary terms. The experts of the analytical agency "AUTOSTAT" came to this conclusion, having estimated the indicators of the last 7 years. If the accumulated funds for the desired car are not enough, most buyers prefer to take it on credit, despite the further overpayment of bank interest and additional costs for comprehensive insurance.

The graph clearly shows how the dynamics of the car lending market has changed from year to year. At some moments, there is a correlation with the volume of car sales, at others - the effect of state support programs or changes in exchange rates and an increase in car prices affect. At the same time, the spring of 2020 looks like a complete failure - which was associated with the pandemic and the subsequent restrictions on the work of car dealerships and banks (in April 2020, only 42.9 thousand car loans were issued). But in April 2021, a record 105.8 thousand car loans were issued. Note that general figures are given here, both for new cars and for the used market. By the way the car loan market developed in 2020-2021, it can be noted that (with the exception of the spring of 2020) in terms of money, this market is growing much more actively than in terms of numbers.

So, for example, according to the results of five months of 2021, the growth of car loans "in pieces" was 50% in relation to January-May of 2020, in ruble terms this dynamics is almost twice as high: + 94%. And here, of course, the increased prices in the car market play a role: after the car prices, the amounts under car loan agreements are also growing.

02.09.21 AUTOSTAT
Source: www.autostat.ru