More than 100 thousand citizens used preferential car loans
The state program of preferential car loans that started in July this year shows impressive results. According to the statistics of banks, more than 100 thousand people have already used in a similar way to purchase a car, and this figure continues to grow. It is expected that by the end of 2013, the number of such loans may increase by more than doubled.
The popularity of the program among motorists is due to attractive interest rates, as well as the possibility of acquiring both domestic cars and foreign cars. The state, within the framework of the program, assumes most of the refinancing rate, and the banks due to this have the opportunity to issue preferential loans for the acquisition of a car at a rate below the usual by 5.5%.
The list of financial institutions participating in this program is approaching several dozen. But the most popular and occupying leading positions are still giants of domestic lending-Sberbank, Unicreditbank, VTB24 Bank. Bank representatives themselves respond in a positive way about the results of the state program and note a significant increase in calls for car loans.
The main conditions for the purchase of a car at a preferential interest rate, according to the state program, are a price not exceeding 750 thousand rubles, the maturity of no more than 3 years, as well as the initial contribution, which is 15% of the total cost.