“Auto.ru Business” talked about the launch of a targeted financing program for new and used cars. Platform representatives reported this in the annual Finauto 2025 forum.
The program is called “loans from Yandex”. According to the press service, automobile vendors will allow auction, rental and commercial cars to fill the warehouses with new and used cars.
One of the main features of the program was the possibility of financing of collateral. Thus, dealers will be able to put them as automobile deposit in stock and get money to buy new ones.
Any seller can apply. At the same time, for the existing customers of the service, the validation and approval process is simplified – the more data are found about the company, the faster it passes.
Auto -Dealers will be able to obtain approval for a credit worth 50 million rubles according to a simplified plan, according to a package of three documents. For larger quantities, the service aims to make detailed scoring: to take into account reporting, warehouses and operating indicators.
In addition, the program participants will also have the opportunity to announce a hostage car to Auto.ru for up to 90 days, which will accelerate automobile sales and bring back the borrowed funds with interest.
The new initiative expands the possibilities of buying cars in the property by completing the current joint liberation tool from the finance Auto.ru business. The program is aimed at both major market players and small dealers.
What are you thinking?
Source: Gazeta

Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.