2023-11-15 16:38:33
Programs to support demand for cars – preferential loans, preferential leasing and subsidies for the purchase of cars using gas engine fuel – will be additionally financed by 42 billion rubles. for the next three years (2024-2026). This follows from the amendments to the draft federal budget for the second reading posted in the State Duma legislative support system.
The budget was approved in the second reading at a meeting of the chamber on November 15.
Targeted demand support programs, with some interruptions, have accompanied the development of the domestic car market over the past 10 years. The main one for private consumers has always been considered a preferential car loan program, which allows certain categories of citizens (now families with children, military and medical workers) to receive a discount of up to 20-25% on the down payment when purchasing a Russian-made car on credit. Subsidies for leasing and purchasing a gas-powered vehicle are primarily aimed at the commercial segment of transport.
In the amendments to the second reading of the budget, deputies of the United Russia faction proposed tripling the volume of financing for preferential leasing in 2024-2026. up to 31 billion rubles and a third – preferential car loan programs (up to 65 billion rubles). In addition, the amount of funds for subsidizing the purchase of vehicles using gas engine fuel will increase by more than one and a half times – up to 16.7 billion rubles.
Initially, the draft budget for the coming three-year period provided 50.1 billion rubles. for preferential car loans – 12.3 billion rubles. in 2024, 18.07 billion in 2025 and 19.7 billion in 2026. Only 10 billion rubles were allocated for preferential leasing. – 2 billion rubles. in 2024 and 4 billion rubles each. in 2025 and 2026 A little more than 10 billion rubles. was supposed to be spent on subsidies for gas engine technology. In total, this amounted to 70.5 billion rubles, not including funding for government purchases of vehicles in 2024-2025. by 15.2 billion rubles. Now this figure has grown over three years to almost 113 billion rubles. – 1.6 times.
A representative of the Ministry of Industry and Trade confirmed to Vedomosti plans to allocate appropriate funds from the budget. He estimates that this will allow for the sale of more than 445,000 additional domestic vehicles. “Financing programs for preferential leasing and subsidizing equipment using gas engine fuel will also expand the possibilities for purchasing public transport,” he added.
In January – October 2023, sales of new passenger cars in Russia increased year-on-year by 60% to 829,548 units, the data shows. At the same time, in January – October, about 889,400 passenger cars were imported – 2.8 times more than in the same period in 2022. More than 60% (about 546,000 units) of the total were new cars, according to data from the joint venture “Avtostat” and electronic PTS systems – “Passport Industrial Consulting” (PPK).
Sales of new passenger cars in October increased 2.6 times year-on-year to 112,238 units, PPK reported. The October growth was higher than the September dynamics, when year-on-year sales increased 2.5 times to 110,358 vehicles.
In 2023, 5 billion rubles were allocated for preferential car loans, and only 2 billion rubles for leasing, but in September the Ministry of Industry and Trade decided to add another 7.8 billion rubles. according to this article. Subsidies for the purchase of natural gas vehicles amounted to RUB 2.7 billion. Programs to support demand for cars were resumed in the second half of 2022 by decision of President Vladimir Putin. Then almost 21 billion rubles were allocated for them.
State support is really needed, since cars are now very expensive and there are categories of the population that cannot afford to buy with their own money. Businesses also need to renew their fleets, says auto expert Vladimir Bespalov. According to him, the main thing is that the support is properly structured, and its beneficiaries among manufacturers are those companies that actually increase the localization of their products. It is also important that the overall volume of automotive production in the country grows, he adds.
The weighted average price (taking into account market share) of a new passenger car in Russia based on the results of three quarters of 2023 amounted to 2.9 million rubles, which is 22% more than the same period last year, follows from Autostat data.
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