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The Ministry of Industry and Commerce is extending the preferential auto loan program for 2023

  • November 22, 2022
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According to the department, from the beginning of the year to the beginning of November, more than 34,000 cars were sold under the state program, and the number

According to the department, from the beginning of the year to the beginning of November, more than 34,000 cars were sold under the state program, and the number of discounts provided amounted to 7 billion rubles. This, though not much, has supported the stagnant Russian market, which is suffering from both the lack of new cars and rising prices for them.

The ministry said it is now possible to apply for benefits until December 20, 2022. After that, credit institutions will not start lending again until January 1, 2023. Under the terms, the discount subsidized from the budget now amounts to a maximum of 20% of the cost of a new car.

Recall that the program applies to AVTOVAZ, UAZ and GAZ models, as well as Evolute electric vehicles. However, with the “train” is not easy. As expert Sergei Burgazliev told the AvtoVzglyad portal, in December you need to buy an electric car at full price, and the discounts will return only next year. Granted, you won’t save much. The maximum discount threshold for Evolute is 625,000 rubles.

The ministry said it is now possible to apply for benefits until December 20, 2022. After that, credit institutions will not start lending again until January 1, 2023. Under the terms, the discount subsidized from the budget now amounts to a maximum of 20% of the cost of a new car.

Recall that the program applies to AVTOVAZ, UAZ and GAZ models, as well as Evolute electric vehicles. However, with the “train” is not easy. As expert Sergei Burgazliev told the AvtoVzglyad portal, in December you need to buy an electric car at full price, and the discounts will return only next year. Granted, you won’t save much. The maximum discount threshold for Evolute is 625,000 rubles.

Source: Avto Vzglyad

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