Russians have become 60% more likely to be interested in car loans

The popularity of car loans in the first quarter of this year increased by 60.7% compared to the fourth quarter of last year. The average loan amount in the application was 1.01 million rubles. This is stated in a study by Avito Auto experts (Izvestia has it), who analyzed the history of car loan applications left by users of the platform.

Most often, Lada (12.1% of the total number of applications), Kia (8%), Hyundai (7.4%), Toyota (6.7%) and Volkswagen (6%) brands wanted to borrow on the platform. Compared to the last quarter of last year, the number of applications for Mercedes-Benz cars has increased most noticeably — by 1.5 times.

Most often, users were interested in a loan for the purchase of Lada Granta and Priora. The top five of this rating also includes Hyundai Solaris, Kia Rio and Toyota Camry.

Ford Focus, Volkswagen Polo, Lada Vesta, Skoda Octavia and BMW 3 series joined the top ten models in the rating of models by share in the total number of applications for a car loan. The number of applications for Vesta increased most noticeably — by 66.3% compared to the previous quarter.

Grandpa's cars: used car sales increased by 13%

When to expect the mass appearance of "Chinese" with mileage on the car market

On April 28, a financial expert shared tips on buying a car at a high loan rate. It is necessary to pay attention to the possibilities of a subsidy program, discounts and promotions from dealers, as well as a preferential lending program, he listed.

On April 22, the Ministry of Industry and Trade informed Izvestia that in the first quarter of 2025, over 36 thousand cars were sold under demand incentive programs (preferential car loans and preferential leasing). The ministry clarified that more than 25.3 thousand cars were sold under the preferential car loan program, and more than 10.7 thousand cars were sold under the preferential leasing program.