It has become clear how the restrictions on vehicle loans will affect prices 10:48

Deputy editor-in-chief of Za Rulem magazine and automotive expert Igor Morzharetto says that the Central Bank’s decision to tighten the conditions for granting consumer and car loans will not affect the situation in the car market and is unlikely to reduce the total number of loans. In this regard, there will be no significant changes in car prices either. stated He speaks to the Public News Service.

Let us remind you that as of July 1, the Central Bank tightened the requirements To provide consumer and vehicle loans to Russians. This measure is aimed, among other things, at limiting the debt burden of residents. Experts take into accountHe said the innovation would reduce car sales by 10%.

But according to Morzharetto, banks are already strictly evaluating potential borrowers, so almost nothing will change, including car prices.

“If before, relatively every second person was rejected, now two out of three are expelled. So they already follow things closely, they don’t need irreversibility,” he explained.

He noted that car loans are given with an average interest rate of 20 percent, which makes them unaffordable. The car expert added that car companies also offer more favorable conditions and undertake interest payments for a number of car models. For other models, it does not exceed 12-14 percent, which is considered quite normal conditions.

Morzharetto added that only the recycling fee, which will increase in August, could significantly change the situation in the car market. He noted that the overall market situation is positive.

“According to optimistic forecasts, we will buy one and a half million new cars this year,” the expert concluded.

Previous analysts stated About the boom in auto loans in Russia.

What are you thinking?

Source: Gazeta


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