April 18, 2025
Auto

AVTOVAZ compensates Vesta buyers for loan interest

  • December 5, 2023
  • 0

Auto giant Tolyatti plans to attract LADA buyers with a new financial program. The factory’s management believes that compensation for interest costs will help you decide to purchase

AVTOVAZ compensates Vesta buyers for loan interest

Auto giant Tolyatti plans to attract LADA buyers with a new financial program. The factory’s management believes that compensation for interest costs will help you decide to purchase a Vesta car on credit.

As Rossiyskaya Gazeta reports with reference to AVTOVAZ President Maxim Sokolov, the company has launched a program to offset the interest on a loan for the purchase of LADA Vesta family cars. The factory has allocated about 600 million rubles for this purpose.

According to the top manager, AVTOVAZ plans to support demand against the backdrop of the Central Bank’s high policy interest rate of 15% per annum. You can get a loan on favorable terms from the Auto Finance Bank, owned by the car manufacturer. The conditions of the special program are as follows: with life insurance of the borrower the rate is 7.9% per year, without insurance – from 9.9%.

The LADA Vesta NG in sedan body now costs from 1,239,900 rubles, a “raised” four-door in the Cross version – from 1,733,900, a station wagon – from 1,329,900, and an “all-terrain” modification – from 1,511,900. The Vesta model range has been expanded with the Sportline version – dealers charge 2,175,900 rubles for this.

As Rossiyskaya Gazeta reports with reference to AVTOVAZ President Maxim Sokolov, the company has launched a program to offset the interest on a loan for the purchase of LADA Vesta family cars. The factory has allocated about 600 million rubles for this purpose.

According to the top manager, AVTOVAZ plans to support demand against the backdrop of the Central Bank’s high policy interest rate of 15% per annum. You can get a loan on favorable terms from the Auto Finance Bank, owned by the car manufacturer. The conditions of the special program are as follows: with life insurance of the borrower the rate is 7.9% per year, without insurance – from 9.9%.

The LADA Vesta NG in sedan body now costs from 1,239,900 rubles, a “raised” four-door in the Cross version – from 1,733,900, a station wagon – from 1,329,900, and an “all-terrain” modification – from 1,511,900. The Vesta model range has been expanded with the Sportline version – dealers charge 2,175,900 rubles for this.

Source: Avto Vzglyad

Leave a Reply

Your email address will not be published. Required fields are marked *