Friday, February 3, 2017

The maximum soft loan for a car was going to increase to 1.45 million rubles – Interfax

Moscow. 3 Feb. INTERFAX.RU – the Ministry of industry and trade of the Russian Federation plans to raise the maximum cost of a car to participate in the program of preferential car loan to 1.45 million rubles, says the draft resolution of the government.

the Draft resolution, which was developed by the Ministry of industry and trade, made a number of changes to existing documents in terms of extension of subsidy programmes automotive and support demand in 2017.

In particular, sets the bar for participation of the car in the program of preferential car loan for a year at $ 1.45 million RUB, the full weight of the purchased vehicle must not exceed 3.5 tonnes. In 2015, the maximum cost was 1 million rubles; in 2016 – 1.15 million RUB While the car is purchased in 2017 under the program of preferential auto crediting can be made in 2016 or in 2017. The buyer is a natural person – must make a Deposit of at least 20% of its value.

If the earlier rate on loans concluded in 2015 or 2016, was determined as the difference between existing on the date of issuance of the loan rate the Bank and 2/3 of the key rate of the Central Bank of the Russian Federation, the rate on the loan, concluded in 2017, defined as the difference between prevailing on the date of issuance of the loan rate and the Bank discount of 6.7 percentage points. The validity of the loan agreement should not exceed 3 years.

As reported, the total amount of funding to support the automotive industry in 2017 will reach 62.3 billion rubles, including the volume of targeted programs to support the demand for vehicles in 2017 will amount to 17.4 billion rubles.

we are Talking about targeted programs: “the First car” (grant in the amount of 60 thousand rubles when buying a first car worth up to 800 thousand rubles. citizens up to 30 years), The “family car” (grant in 100 thousand rubles for the purchase of a car worth up to 1 million rubles to families with three or more children if the family has no car), “Russian tractor” (subsidies for the purchase of trucks produced in Russia), “Russian farmer” (subsidies for the purchase of light commercial vehicles and trucks for farmers and households), Their business (subsidies for the purchase of light commercial vehicles and trucks to small and medium business). This amount also includes support for sales of CNG vehicles, urban electric public transport, procurement of school buses and cars “first aid”. It is expected that this measure will allow to implement 90,720 thousand units of motor vehicles in 2017.

Another program approved by the government implies a subsidy in the amount of 17.5 billion rubles for compensation of part of expenses in connection with the production of cars. It is designed to provide additional production of 250 thousand vehicles and to save jobs in the automobile industry and related industries.

7.4 billion rubles will receive the automobile of the company for reimbursement of expenses for payment of percent on credits received for implementation of investment projects, as well as payment of the coupon income on bonds issued for these purposes. This allows to compensate a part of expenses on service of loans over 32 automotive manufacturers and components “in connection with deterioration of credit conditions”.

RUB 7 billion will get the credit organisations on compensation of shortfalls in income on loans in 2015-2016 to individuals for the purchase of cars. The expected effect of measures – implementation of 270 thousand cars. Another 3 billion rubles for credit organizations will have to subsidize loans in 2015-2017 (liabilities 2017) that will implement this year an additional 350 thousand technology.

the Amount of support of leasing companies on compensation of losses by the discount on payment of advance payment under contracts of leasing of vehicles, prisoners in 2016-2017, will amount to 10 billion rubles. it is Expected that this will allow to implement this year to 41.5 thousand cars.

it is Planned that each of these programs is in April 2017 will be issued a government decree. Every month the Cabinet will hear a report on this issue.

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