The issuance of car loans in February showed an increase of 9%

In February 2026, Russians received about 106 billion rubles from banks for the purchase of new and used passenger cars, which is 9% higher than in January this year and 26% higher than in February 2025. Such preliminary data was announced on March 4 in the VTB press service.

The car loan market in the second month of the year shows growth both in money and in the number of transactions. In February, Russians issued 70.2 thousand loans for the purchase of passenger cars in Russia, compared with 64.7 thousand in January. At the same time, the average check remained at 1.5 million rubles.

VTB believes that the market is stabilizing after a significant decline last year. According to forecasts, by the end of 2026, the volume of car loans will amount to about 1.8 trillion rubles, which is 5% higher than the result of 2025.

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On February 17, the press service of the United Credit Bureau (OKB) said that in January 2026, 59.74 thousand car loans were issued in Russia, which is 43% less than in the previous month. On an annual basis, issuance decreased by 19%. This result was also the lowest in the last three years.

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