The pace of issuing car loans in Russia in 2024 has almost doubled

October 31st. /MEDIA TALK/. On Thursday, October 31, it became known that in January-September of this year, 1.281 million car loans totaling 1.85 trillion rubles were issued in Russia. This is almost twice as much in both indicators compared to the same period in 2023, when citizens issued 676.6 thousand loans worth 937.1 billion, the National Bureau of Credit Histories reported.

The capital remains the leader among Russian cities, where the volume of car loans has reached 145 billion rubles. The largest increase in the rate of registration of such loans was noted in the Rostov region (+165.5%).


Photo: ru.freepik.com

NBKI explained that the trend is explained by the effect of a low base due to the shortage of new cars, which was observed last year. The situation was also affected by the mood of citizens who expected car loans to rise in price due to rising rates and indexation of scrap collection.

Recall that in September, the issuance of car loans in Russia fell by almost 10%. The total volume of loans issued decreased to 203.9 billion rubles.