The most popular car brands among entrepreneurs are named

Chinese brands occupied 64% of the passenger car leasing segment in 2024, as follows from the data of analysts of Alfa Leasing Group of Companies, which were reviewed by Izvestia on February 11. At the same time, the most popular brands among entrepreneurs are Lada (23%), Geely (15%), Haval (15%) and Chery (10%).

Belgee brand also entered the top five, while in 2023 the fifth place of the rating was taken by Exeed brand.

According to the company, the number of leasing contracts with representatives of the cab industry increased by 33% last year. Passenger cars were purchased as part of the regular renewal of taxi fleets. The brands most often chosen by taxi fleets were Haval (21%), Lada (21%), Geely (14%), Chery (13.7%) and Belgee (7.6%).

Roman Valkov, Head of Digital Sales Channels of Alfa Leasing Group, noted that despite the growth of the key rate of the Central Bank of the Russian Federation, which negatively affected the cost of leasing contracts, as well as despite the tightening of monetary policy, business does not refuse to renew car fleets.

"In the process of analyzing the results of last year, we have recorded a number of trends that will be present in the leasing market this year as well. This is the growth of demand for new cars, mainly Chinese cars, due to regular expansion of their range on the Russian market, and the appearance of new promising regions in the rating of leaders in terms of leasing transactions growth. The latter trend suggests that in 2024 there was a successful expansion of regional leasing coverage due to domestic tourism and increasing penetration of carsharing and cab aggregators in the regions, increasing the range of model lines of Chinese manufacturers", - added the expert.

Moving forward: what are the prospects for the Russian car market in 2025

Experts and dealers predict a decline in new car sales

Earlier, on January 22, Andrey Pavlov, head of the department for the sale of seized property of Alfa Leasing Group of Companies, told Izvestia that approximately from March 2025, the average cost of a car with mileage on the Russian market will increase. According to him, the prerequisites for this will be the completion of sales of dealer stocks of new cars produced in 2024, as well as the price growth in this segment by about 10% due to the increase in the utilization fee.