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"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

Analytics

Russian dealers of Ford began sales of updated Mondeo

Ford Mondeo sedan has received a technological upgrade aimed at the safety improving of the car and improving of the intelligent driver assistance systems. People can order updated Ford Mondeo at all official Ford dealers in Russia.

05 julymore info

Infographics

Sales dynamics of best-sellers of Russian market in 2017 – 2018ss

News

What factors will affect the issuance of car loans in 2022?

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As a part of Autostat Analytic Day, which took place on December 15th in the online format, Vladimir Shikin, Deputy Marketing Director of the National Bureau of Credit Histories JSC, noted the main trends in the Russian car lending market.

According to the preliminary forecast of the NBCH, the issuance of auto loans by the end of this year in units may show an increase of 11%, in rubles (money volume) - even 45%. First of all, such an increase in monetary volume is associated with an increase in the amount of loans. So, for example, in October 2021, the average size of a car loan exceeding 1 million rubles was recorded in 72 regions of the Russian Federation. For comparison: in October 2020, such an indicator was noted only in 6 regions. As for other trends, Vladimir Shikin highlighted the following:

- We have lived for a long time with a reduced discount rate, now the trend has changed, interest rates on loans in Russia are growing, and their next increase is expected in the coming days.

- Car loans are becoming less interesting to good borrowers, and this is a factor that in the near future will carry risks for lender banks.

- The share of applications for loans for used cars exceeded 50% (and this is another new trend).

- Increase in the weight of online loan applications - both in the new car market and in the used car market. This is a long term trend.

- Formation of high-quality loan portfolios at lenders.

- The personal credit rating (PCR), which is used by the NBCH to assess the reliability of a potential borrower, has especially clearly demonstrated its solvency this year, even against the background of a general trend towards a decrease in approvals for loan applications

17.12.21 AA "AUTOSTAT"
Source: www.autostat.ru