Second-hand car sales on credit increased sharply in Russia

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The probability of buying used cars on credit in the Russian automobile market has doubled. The newspaper reports this.”Kommersant“With reference to research by Otkrytie Auto.

In 2023, the share of loans given for the purchase of second-hand vehicles constituted 15% of the total sales of equipment in this category. Last year, the total volume of loans for used cars was almost 890 billion rubles, while in 2022 this amount will be 361 billion rubles. and contained only 8% of the total volume.

But as Vyacheslav Yakubchik, head of Rosbank Auto’s development department responsible for partnership programs and strategic segments, notes, as the market becomes increasingly saturated with new cars, the share of used cars bought on credit will decrease.

Currently, as Rosbank notes, the share of second-hand car loans for the month of January that has not yet been completed accounts for 23.5% of total issuances.

Before that in Russia decided Expanding the scope of simplified registration of cars for parallel import.

Previously reportedAvtoVAZ announced that it has launched a recall campaign for Lada Granta.

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