Lada Iskra will be included in the state program of preferential car loans


The new Lada Iskra model will be available for preferential car loans. This was stated by Sergey Gromak, Vice President for External Relations and Interaction with AVTOVAZ shareholders.
"As soon as the sales launch takes place, it will be available. She has a high level of localization, so she will be included in the program," RIA Novosti quoted Gromak as saying on May 22.
Cars with internal combustion engines costing up to 2 million rubles, which score at least 2 thousand localization points, now fall under the terms of the preferential car loan program. These are all Lada, VIS, UAZ, Moskvich 3 and GAZ models (gross weight up to 3.5 tons). Also, as part of preferential car loans, all categories of borrowers can purchase electric vehicles and sequential hybrids produced in the Russian Federation at a 35% discount (but not more than 925 thousand rubles).
AvtoVAZ launched production of the Lada Iskra model at the Tolyatti plant on April 19. The model will be available in three body styles: sedan, station wagon and Cross-wagon with black unpainted plastic elements on the body. The novelty will occupy a market niche between the Granta and Vesta models. The start of sales of Lada Iskra is scheduled for July 20 this year. According to the head of AVTOVAZ Maxim Sokolov, the cost of the car starts from 1.2 million rubles.
Earlier in the day, it was reported that AvtoVAZ and the Ministry of Industry and Trade are discussing a mechanism for directly subsidizing discounts on car purchases. According to Sergey Gromak, in this case, the automaker will be able to directly give discounts to customers, bypassing the inflated interest rates of banks on loans.
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