State programs for car loans. State program “First car

We bring to your attention a list of cars that can be purchased under the state program of preferential car loans and subsidies. This program began in 2015 and continues to operate in the current year 2019.

Conditions of the preferential program with state support for 2017

The loan is issued for no more than 3 years with a mandatory down payment of 20% and insurance. The collateral for this type of loan will be the purchased vehicle.

The cost of the purchased car cannot exceed 1.45 million rubles and a weight of 3.5 tons . Plus, the purchased car must be manufactured in 2016 or 2017.

In order for it to qualify for the program, it is necessary that the vehicle is not registered and not owned by another individual. In other words, you won’t be able to purchase it.

The interest rate will be calculated as 2/3 of the current Central Bank of the Russian Federation , which currently amounts to 8.25% per annum. The contract must specify both the new rate and the one at which the calculation will be carried out.

You will learn about all the nuances from the video:

New conditions in 2019

Let us recall that previously the state carried out and financed preferential car loans due to the fact that the key percentage was very high, loans from commercial banks were prohibitively expensive, and no one wanted to buy cars. To support the domestic auto industry and the banking market, they began to subsidize interest.

Now the refinancing rate has dropped significantly (to 7.25%), bank loans have become more affordable, and the Government has refused to further subsidize the percentage. Now financial organizations themselves set the interest rates that they deem necessary. But certain categories of people still have the opportunity to save.

“First Car” and “Family Car” are new projects that appeared in 2015. According to their terms, the participant will be able to count on a discount of 10% on the cost of the vehicle if it meets certain conditions. For residents of the Far East, a bonus is a discount of up to 25%!

However, you cannot participate in both projects; you need to choose only one. The first is suitable for those who have not previously owned a personal car, but have a driver’s license. The second is suitable for married couples with two or more minor children.

How to get a subsidy to buy a car?

It is provided by the bank itself where you apply for a loan. Since the program applies exclusively to the purchase of new vehicles, the purchase will take place at a car dealership. It is there that you need to ask one of the managers about the availability of benefits.

Which cars are suitable:

• new (no later than 2017-2018 model year),
• cars,
• the cost should not exceed 1.45 million rubles.

There is a certain list of cars that are suitable for preferential car loans. If you are interested in the Family Car program, then the full conditions are on the official website hsemeynyy-avtomobil.ru. They are also all listed in the table below:

How can you get a preferential car loan with government support? Everything is quite simple: you choose a car that fits the conditions described above and either contact a loan specialist directly at the dealership, or submit an application to any of the banks offering car loans.

Which banks provide loans with government support:

What the application process looks like: you collect documents, submit them to a loan specialist for review and wait for the bank’s decision. If it is positive, you draw up a purchase and sale agreement, CASCO insurance, make a down payment and sign a loan agreement.

You can pick up the car as soon as the bank receives funding; the subsidy is transferred on the 2nd day. Please note that when applying for a car loan under the state program, you must obtain insurance

A car loan under the state program is a subsidized cash loan issued from a bank for the purpose of purchasing a new car, endowed with preferential conditions that make this process accessible to the majority of Russian citizens.

The essence of government subsidies

In the spring of 2009, the Russian authorities launched a program of preferential government lending for the purchase of a vehicle, the essence of which was to increase demand for the purchase of nationally produced cars. Despite the economic crisis of that time, the state program gave a powerful impetus and over the course of two years, more than 350 thousand subsidized loans were issued to the population.

Preferential car loans consist of partial compensation of payments at an interest rate made at the expense of the budget.

This state material support is about 2/3 of the loan amount, indicated in percentage terms. For example, the interest rate on a car loan is 14%, applying for preferential subsidies will lower the interest rate by 6-7 units, its size will change by almost half and amount to 7-8%.

At that time, the main requirements of the government subsidized program were:

• Buying a nationally produced car.
• The bank that issues the car loan is a participant in the state program.
• The price of the car did not exceed 600 thousand rubles

New conditions

In the past year, the conditions of the preferential government lending program have undergone some modifications; the share of the refinanced rate has remained stable - 2/3 of the share.

Subsidized state car loan - key conditions of the program in 2017:

• The maximum price of a car is 1 million 450 thousand.
• Car loans with government subsidies are issued for a period not exceeding three years.
• Fixed preferential discount – 6.7%.
• There is no prepayment when purchasing a vehicle.
• Finance for the purchase of a car on credit under the state program is issued exclusively in national currency.
• The starting amount of a state car loan is determined by bank employees, and the maximum should not be more than 920 thousand rubles.
• A new car does not have to be registered or registered as an individual. face.
• State preferential car loans are not issued for vehicles weighing more than 3.5 tons and for use for commercial purposes.

Subsidizing car loans, its conditions, specifics and rates may have distinctive features according to the policies of a particular banking institution.

Differences with the key conditions of the preferential state program are observed in the following positions:

• Starting amount of a state car loan.
• The interest rate followed by calculation of the final amount paid by the borrower.
• Minimum loan term for purchases with government support.

What cars are eligible for government loans?

The preferential car loan under the state program in 2017 is distinguished by loyal requirements regarding the vehicle manufacturer and its brand. Today you can buy on credit a car not only of national, but also foreign assembly.

List of vehicles for which you can get government subsidies.

The state car lending program in individual banking institutions may exclude from participation some models of models entered into the register by the government. State support applies exclusively to “young” cars, which are no more than a year old from the date of production at the time of purchase.

For vehicles owned by a foreign manufacturer, several requirements remain unchanged:

• The collection of the car must be carried out on the territory of the Russian Federation.
• The cost of the car should not be higher than the maximum fixed price.

Current programs

Since mid-summer, a number of special programs have been operating in the Russian Federation, allowing citizens of the country to buy cars with state support and receive an additional subsidized discount on the purchased vehicle in the amount of 10% of its cost.

Loan programs for the purchase of a car:

• "First car"– the preferential program was created specifically for people buying a car for the first time. Under this government project, only one vehicle can be purchased, and the buyer must already have a driver’s license. All information will be checked by the State Traffic Inspectorate and bank employees in KI.
• — the project is intended for a family in which two or more minor children are growing up.
• "Russian tractor"— both individuals and business organizations can participate in the program. To the main 10% discount, which is valid only for Russian-made tractors, an additional 2.5% of the cost of the car is added.
• "Russian Farmer"— the preferential state program was developed for representatives of small or medium-sized agricultural businesses. The subsidized discount is identical to the above project and applies to Russian-assembled equipment.
• "Your own business"— a state program to support consumer demand for vehicles among representatives of small and medium-sized businesses. It also involves increasing the subsidy to 12.5%.

Requirements

The key requirements of the state subsidy program are:

• An individual has an impeccable credit history.
• For families with children – the child is 6 months old.

Banks that sell preferential car loans impose additional requirements and conditions based on their own credit policy and general work scheme.

• Minimum age limit the future borrower is lowered to 18 years of age at Credit Europe Bank, while in other institutions citizens from 21 years of age can participate in the program, and at Cetelem Bank from 23 years of age. The maximum age approved by most financial institutions is 65 years.
• One of the main requirements from the borrower is permanent registration at the place of loan processing and state support for a car loan. Few organizations dare to issue loans to persons without permanent registration - among them: VTB24, Rosbank, Unicreditbank.
• Employment requirements are largely similar for all banks: total work experience of at least one year, and at least three months in the current workplace.
• Providing certificates confirming solvency and income level is not a prerequisite, but their presence significantly increases the chances of receiving additional privileges and discounts from the bank.

Review of banks

State preferential car loans do not provide information on the list of banks participating in the program. Not all financial organizations could not withstand the pressure of the requirements imposed by the state and dropped out, making way for institutions that process more than 80% of all car loan sales.

The most convenient option for buying a car with a state support program is to visit a car dealership. The procedure will save personal time and already on site, the client will learn everything about the partner bank, its conditions and decide on the purchase of the desired car.

Banks have the right to personally set the amount of prepayment - this could be a car loan from 0% down payment and up to 30%. The minimum period for issuing a subsidized loan, depending on the bank, is from 3 to 12 months.

The table provides information regarding new passenger cars.

The starting amount of a preferential car loan is 100 thousand rubles, some institutions can lower it to 50 thousand (Rusfinancebank) or raise it to 300 thousand (Rosbank).

A car loan under the state program projects the need to obtain insurance for the collateral (CASCO). Sometimes the amount of the insurance policy is included at the initiative of the bank in the loan itself (Rosbank, VTB24, Expert Bank), and in some institutions it is not required at all.

The payment scheme for a preferential car loan under the state program is annuity, made every month in equal payments, including debt and subsidized interest.

How to calculate a car loan under the state program?

The official pages of most banking organizations are equipped with a “loan calculator” program that allows you to make a preliminary calculation of the desired subsidized loan by entering the relevant information.

Loan calculators of banks that have developed special car lending projects under the state program carry out settlement operations taking into account the subsidized discount.

Otherwise, to calculate the total and monthly payment amount, the potential borrower must subtract 6.7% from the base annual rate.

For example: the bank issues a car loan at 14% per annum, using simple mathematical operations (14% -6.7% = 7.3%), we obtain the size of the preferential rate under the state program. According to statistics, the maximum rate, taking into account the subsidized discount, is 13.3%.

Example: The bank's rate on a car loan is 20% per annum. Taking advantage of the preferential car loan program, the interest rate will be 10.67%

Rate=20-(14*2/3)

According to representatives of the Ministry of Industry and Trade, for users of a preferential loan, the interest rate will not exceed 15%

List of cars eligible for the 2015 car loan subsidy program

Please note that some models with expensive trim levels may not qualify for the program according to the price criterion of 1 million rubles.

The list of cars for preferential car loans was prepared by the analytical agency "AUTOSTAT" based on current price data, however, it can be clarified at the start of the program. According to the law, commercial banks have the right to independently determine the brands of cars that are eligible for a preferential loan.

List of banks providing preferential car loans

• JSCB "BTA-Kazan" (JSC)
• JSCB "Svyaz-Bank" (OJSC)
• JSCB "SOYUZ" (JSC)
• JSCB "Energobank" (JSC)
• Bank VTB24 (CJSC)
• Bank "Investment Capital" (OJSC)
• "Bank PSA Finance" (LLC)
• "BystroBank" (OJSC)
• Gazprombank (OJSC)
• Design Bureau "Verkhnevolzhsky" (JSC)
• "CREDIT EUROPE BANK" (CJSC)
• Raiffeisenbank (CJSC)
• "Rusfinance Bank" (LLC)
• Sberbank of Russia (OJSC)
• "URALSIB" (JSC)
• Volkswagen Bank RUS (LLC)
• "UniCredit Bank" (CJSC)

The list of banks participating in the preferential car loan program will be updated.

The official website of the Ministry of Industry and Trade reports that in November 2013, the government will approve the rules for providing subsidies to credit institutions to compensate for lost income on loans. Before these rules are approved, credit institutions confirm their decision to participate in the program by submitting a written statement of intent to participate in the program before September 1, 2013. At the same time, banks assume all the risks of participating in the preferential car loan program.

This means that the program exists, but how banks will provide subsidized loans and in what order they will be reimbursed for lost income remains a mystery.

Pitfalls of the auto loan subsidy program

Today, there is indignation among car enthusiasts on the forums:

The program is, of course, interesting, but there is little good in it. from 07/01/2013 A government program for subsidizing loans was launched, and after learning about it, I decided to buy a car on credit. On July 5, 2013, I came to the car dealership and chose a car. The car dealership applied for a loan from Sberbank. Within 2 hours the loan was approved by the bank at 9% per annum. I completed all the necessary documents at the car dealership (purchase and sale agreement, compulsory motor liability insurance, CASCO insurance), and made a down payment. To get a car, all I have to do is get a loan confirmation letter from the bank. When I contacted the Sberbank branch, I was informed that the software for this project was not configured and they offered me a loan at a high interest rate. The support service told me that the bank should issue a loan at the interest rate that was approved. ..But for the past few days, bank employees have sent all clients with a similar topic home in anticipation of a miracle, or offered a loan at 13.5% per annum