Russians began to take loans more often to buy used cars

Auto loan demand in Russia in May this year increased by 60% compared to April and 100% compared to March, informs “Kommersan”. But if previous citizens took loans mostly to buy new cars, they only accounted for 8.5% of loans issued in May.

The amount of loans granted has also changed. According to Otkritie Avto, the average check for auto loans in April was 2 million rubles, but in May it fell to 1.9 million rubles. In the same period, it fell from 910 thousand to 905 thousand rubles for a used car. For the first week of June, the average size of a car loan for a new car amounted to 1.83 million rubles, and for a used car – 887 thousand rubles.

Previously reportedIt was announced that the new cars that the Russians used the most loans in the first quarter of this year were Hyundai models. Among the used cars is the Lada.



Source: Gazeta

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