The main goal of the program is to reduce the interest rate on the loan by 5.5% per annum, which equals 2/3 of the Central Bank of Russia refinancing rate, which now stands at 8.25%. That is, in the event that the annual interest on the loan is 12.5%, within the framework of the program it will decrease to 7%. Loans are issued for a period of up to 3 years, subject to a mandatory advance payment of at least 15% of the cost of the selected package. The state program does not affect the conditions for issuing; they are still dictated by banks. That's why, despite the availability of loans, you may be denied a loan - for example, because of a mismatch in income levels.
Concessional lending has significantly improved the conditions of not only standard offers (today there are 83, and you can check the list of participating banks on the website of the Ministry of Industry and Trade of the Russian Federation www.minpromtorg.gov.ru), but also of special programs offered by car dealerships.
Previously, it was possible to purchase exclusively cars made in Russia on favorable terms, but in the current version of the state program this restriction has been removed. There are three main criteria for getting into the treasured list: a car must be new, cost up to 750, 000 rubles, and its total weight should not exceed 3.5 tons. Currently, in Russia you can buy 125 models that satisfy such conditions. Agree, there is plenty to choose from. Well, with a complete list of machines participating in the preferential state program, you can find it on the website www.kupiauto.ru. To do this, in the "Catalog" section you just need to set the upper limit of the price range.
Below we provide a list of the most popular models in our market and the conditions for buying these cars on credit under the State program of preferential car loans.
