Automotive concerns will give privileged credits in Russia

The state program of subsidizing of percent rates includes only one modification Ford Focus and the company decided to give privileged credits at the same conditions as the government � on more expensive Focus and Mondeo. They started to be given yesterday and will last until the 30th July or may be after estimation of results and even longer, said the president and the executive director of Ford in Russia Nigel Brackenbery.
As the newspaper �Vedomosti� reported, privileged credits from Ford are given on the same conditions, as credits in the context of program of the state support of cars of Russian production, - 3% of initial installment, subsidizing of 2\3 of rate of refinancing of Bank of Russia, the period of credit � from 12 to 36 months. The credits are given by �Rusfinance bank�, Gazprombank, Raiffeisenbank, �Uralsib� and �Unicredit�. Ford will compensate the rate to banks from its own means.
Other manufacturers, included in the privileged list, also make special offers to the buyers. So, the price of the basic bundling Fiat Albea, included into the list, remained the same � 349 thsd rur, reported Sergej Iljinskij, the PR � manager of Fiat in the group Sollers. For those who wish to buy more expensive models Fiat can use an offer of Sollers � Finance that is close to conditions of the state one: it is possible to take a credit in �VTB 24� and Sberbank at rate 10, 4% in rur with the initial installment 20%. These conditions apply on purchase of cars of other make, manufactured by Sollers � the Korean Ssang Yong. �Autoframos� did not have time to estimate the effect of the program of state support, precised the chairman of the company Oksana Nazarova, but Renault Credit has credit offers with no rate.