Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Moscow, July 18 /Xinhua/ — The average weighted annual interest rate on loans for new cars in Russia in June 2025 was less than 13.6 percent, which was the minimum since 2023, Kommersant reports.
Since the beginning of this year, car loan rates for new cars have fallen by 7%. For used cars, the average weighted rate is 28.2%, which is 0.5% lower than at the beginning of 2025.
The car loan market in Russia has grown by 46 percent in terms of the volume of funds issued since the beginning of the year. The main driver of this growth was government support and subsidies for manufacturers. Car sales under preferential programs amounted to 16 percent of the total number of car loans. –0–
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