Preferential car loan. How to buy a car under the new state programs “First Car” and “Family Car”? Here are some of them

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.
• The 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%.

To maintain demand for vehicles from the domestic automobile industry, the Russian government has developed a federal program - a car loan with state support. The project was launched in 2009, then was suspended for a while, but has now been extended. However, it is worth noting that so far about 5 billion rubles have been allocated to complete the task, while in 2015 30 billion rubles were spent on the program. This means that not everyone will be able to take advantage of government support if additional funds are no longer available.

State support: what is it and what is the essence of the program

A car loan with government support is a loan for the purchase of a domestically assembled car with reduced requirements for financial payments.

Prospects for preferential car loans

Russian car manufacturers were forced to switch to uniform sales of products in order to avoid oversaturation of the car market. But due to lower loan rates thanks to government support, the demand for vehicles does not fall.

However, future forecasts for subsidies are not so favorable. The fact is that the percentage of non-repayment of a car loan, the current economic situation, as well as the goals of the program that have already been achieved give reason to assume that the volume of subsidies will decrease in the future. But supporters of the program argue that against the backdrop of the crisis in the country, it will be inappropriate to reduce sales of domestic cars, because demand for them could fall significantly without such government support.

Many couples, as well as young families, dream of owning their own vehicle. Its presence, according to 72% of the population of the Russian Federation, simplifies the life of a person, and especially of young parents. However, people who want to purchase a product of this kind will have to face harsh realities, where car prices go through the roof and interest rates on loans bite. However, the government has provided for this and has created a number of benefits that can be provided under different conditions. BUT they all make life easier. In general, the reform was called the “State Preferential Lending Program 2017.”

The 2017 state concessional lending program is aimed not only at helping young families or car enthusiasts purchase movable property. The program is quite beneficial for the government and the industrial sector of the state as a whole.

The fact is that the state is trying to raise the level of production of the domestic automobile industry, as well as the percentage of its consumption throughout the country. Simply put, produce more and sell more. That is why this program was created, because it allows you to “lure” buyers.

Loans on preferential terms are provided by banks, car dealerships and other intermediaries in the sale of domestically produced vehicles. However, the conditions of the current programs are truly beneficial for those wishing to purchase property.

Current government programs

The state programs operating in the country can be summarized as follows:

1. Russian farmer;
2. Your own business.

Each of the programs has its own conditions and characteristics, and can also be provided only to a limited audience. That is, in truth, not every person can come and get a car at a reduced price or at a reduced percentage from a bank or car dealership.

It is also worth clarifying that it is not for nothing that the reduced price is mentioned. Banks mainly reduce the percentage of payments from public money. But car dealerships reduce the price of the car accordingly, since they do not have the legal right to reduce the interest rate for the buyer.

In total, the state allocated seven and a half billion rubles to finance these projects to provide discounts on purchases. This money should be spent on promoting projects and covering the losses of various companies. Three billion and seven hundred and fifty million rubles were spent to cover expenses for 2016 and 2017, to cover losses to credit companies and car dealerships that provide discounted prices. This part of the funding extends to projects such as “First Car” and “Family Car”. People purchasing a car for the first time, as well as large families, can count on participation in the programs. The discount provided is 10%.

The second part of the money - three billion seven hundred and fifty million - will be spent on leasing provided by companies to buyers. This part of the funding is intended for the projects “Russian Tractor”, “Russian Farmer”, as well as “Own Business”. When leasing, program participants will receive a 12.5% ​​discount.

The tasks of selling cars under the state program of preferential car loans in 2017 come down to repaying old credit concessions for buyers, as well as repaying leases that were issued by buyers under relevant government projects. The waste will be covered by money from the state treasury, and will also contribute to the continuation of sales and increased discounts.

The fact is that this will help both families who want to increase mobility and the state itself. Over the next year, it is planned to sell more than thirty-five thousand different domestic cars according to these projects. Which, in principle, increases productivity and sales, taking them to a new level. The market will flourish, and young families will grow stronger, gradually repaying loans provided by the state on easier terms.

Such innovations strengthen the position of the current government, improve the economic condition of the country, and contribute to the development of the market. However, it is worth clarifying that this also contributes to its peculiar monopolization, because pure competition begins to fade away next to such a “PR” move of domestic technology. This is precisely why car sales will increase artificially and, in the case of programs for foreign cars, the market may fall sharply, causing the currency to suffer.

The general conditions for preferential car loans in 2017 can be summarized as follows:

1. The down payment is 0%;
2. An expanded list of cars: cars, SUVs and other models are available for purchase according to government projects;
3. Everything is formalized in the national state currency;
4. Payment period – up to 36 months;
5. Discount from 6.7%;

Also read the conditions for receiving the most popular programs from the state:

1. The cost of a car can reach one million four hundred and fifty thousand rubles;
2. The car must be assembled on the territory of the domestic state;
3. The money must be paid over a period limited to 36 months;
4. Down payment – ​​0%;
5. Availability of CASCO insurance;
6. Providing a ten percent discount;
7. Providing a fixed percentage of price reduction.

Do not forget that if you used the program, this does not mean that you were given a ten percent rate and the fixed price reduction was canceled. These two conditions are added together into a single whole and form a discount of 16.5% for a Family car and a First, for example. However, we must not forget about the requirements put forward to the borrower.

Requirements for the borrower: preparation of documents

Of course, do not forget about a number of requirements for the buyer, since they are an important aspect when completing a transaction. The bank will not be able to process a car loan transaction if the necessary documents are missing.

The most important elements of the package of certificates and certificates can be summarized as follows:

1. An identity card, that is, a passport;
2. A driver's license of the category corresponding to your purchase;
3. A standard set of documents for purchasing a car, in particular it includes 2-personal income tax;
4. In the case of using the “Family Auto” program, the presence of appropriate entries in the passport: that is, registered children who have not reached full legal capacity, that is, the age of majority.

Do not forget that in this case, credit history, statements of employment about your average monthly salary and other details that reflect the financial well-being of the buyer or his family as a whole are also important.

Also, do not forget that it is impossible to take out loans for two projects at a time, that is, no one will provide a twenty percent discount. The reason is simple: everything is concluded in the form of one single contract. That is, it is impossible to enter two forms on one sheet at once and apply for two preferential programs at once, which eliminates the possibility of receiving such a high discount in percentage terms.

State support discount

State support discounts may vary depending on which program you decide to use. If these are ordinary benefits from the state in obtaining financing from the treasury for the purchase of a car, then the reduction in price or interest rate can reach only 6.5%.

If you use the “Family Car” or “First Car” program, then the cost or interest rate per year can be reduced by 10% of the cost of the car.

If you use the three remaining innovations, then the interest rate or cost of the car may decrease by 12.5%.

However, when contacting the first programs, it is worth remembering that their cancellation is predicted for 2018. Perhaps you will be able to “jump into the last car”, because it will be impossible to cancel the agreement between you and the state and it will provide you with a discount on the cost or a reduction in interest per year for all three years during the payment and return of funds.

Banks involved in loan processing

Many banks are processing loans according to government guidelines. However, when choosing a bank, you should rely on many factors. Such as confidence in its financial stability, the presence of reviews about the service, full information about the conditions under which funds are provided for purchase, etc. However, the key factor for 80% of the population in choosing a bank for obtaining benefits is the interest rate provided by the bank for loan funds.

Of course, the desire to save an extra couple of tens of thousands of rubles is not wrong. Initially, understand what you are going for and how much you will have to give. This is an important aspect - to calculate how many “cars” you will have to buy. This common expression speaks precisely of the high interest rates provided by banks, because you took out a loan for one car based on the amount of money, but gave it away for two cars.

1. Rosselkhozbank;
2. Sberbank of Russia;
3. Gazprombank;
4. VTB 24.

Over the current year, the 2017 preferential car loan program has become increasingly popular among citizens of the Russian Federation; the list of cars presented below represents the wish list of most young couples and young families, as well as the cars now available under the new benefits!

Nuances of the state program of preferential car loans: cars for 2017 have been dismantled! Will it be possible to take advantage of the state program in 2018?!

It is certainly possible to receive funds to purchase a car this year and will be possible next year! The only question is which programs and with what discounts this will happen. Already, the government is making it clear that some of the projects currently installed will be withdrawn and deprived of legal force from next year.

Thus, it is worth considering whether you want to take the risk of ending up with nothing. However, the receipt of funds and a discount on the cost or a reduction in interest is quite possible, especially if all the necessary documents are provided to the bank or car dealership where the contract is concluded and the movable property is purchased.

Receiving stages

The process of buying a car under the state program, from completing all the necessary documents until the moment of purchase, can be divided into several stages:

1. Car selection. Be careful here because you must comply with all the conditions prescribed by law. Brand, year of manufacture, cost and other details. To ensure everything, see the list of brands and years of manufacture provided above, and also remember the limit value, it was also mentioned above.
2. Select a bank.
3. Submit your application and all required documents.
4. Wait for confirmation.
5. Provided that the bank has approved your candidacy, draw up a purchase and sale agreement.
6. Register your car.
7. Enter into an agreement with insurers.
8. Conclude a loan agreement.
9. After that, the money is transferred to the seller.
10. Dispose of your vehicle at your own discretion.

1. In the conditions of banks they still write about the first payment, although it has been cancelled.
2. Providing benefits under two programs is impossible, but under a fixed rate and a program it is possible.
3. Registration of all documents requires a considerable amount of money, given the need to notarize them all.

Have you already heard about the new government programs “First Car” and “Family Car”, which give a 10% discount when buying a new car? They have been in effect since July of this year, and read our review about how to use the programs.

For several years, Russia has been running government programs to stimulate demand for new cars. The most famous and widespread among them are preferential car loans and recycling programs. This summer, two more were added to them - “First Car” and “Family Car”. The first to participate in them was later joined by Renault, Nissan, Hyundai, Kia, Ford and other brands.

1. Decide on a suitable program

The new state program “First Car” is intended for those who buy a car for the first time, and the “Family Car” program is for families with two or more minor children. In both cases, a 10% discount on the price of the car can only be obtained when purchasing from an official dealer on credit, provided that the borrower did not receive other car loans during 2017.

Please note that the 10 percent discount is calculated on the price of the car, and not on the amount of the down payment on the loan.

2. Select a car

The “First Car” and “Family Car” programs apply to new cars produced in Russia in 2016 or 2017. The cost of the car in the selected configuration should not exceed 1,450,000 rubles.

List of cars that can be purchased under the “First Car” and “Family Car” programs:

• GAS -
• Lada -
• UAZ -
• Chevrolet -
• Citroen -
• Datsun -
• Ford - ,
• Hyundai - ,
• Kia - ,
• Mitsubishi-
• Nissan - ,
• Peugeot-
• Renault - ,
• Skoda - , (except station wagon),
• Toyota - ,
• Volkswagen - ,

In case of purchasing expensive models, the new state programs apply only to cars in basic configurations.

3. Prepare documents

To purchase a vehicle under any government program, you must provide a passport and driver's license.

Under the First Car program, there is no need to confirm that the borrower has not previously owned a car - the bank itself checks this.

For the “Family Car” you need the buyer’s passport with information about the children or the children’s birth certificates. The children's last names must match the last name of one of the parents. Moreover, if one of the parents received a discount under the Family Car program, then the second parent is not deprived of the right to use the program.

4. Contact your dealer

The next step is contacting an official dealer and choosing a loan. As a rule, the manufacturer offers several loan programs from different banks, differing in the size of the down payment (it can be zero), loan term (to receive a government 10 percent discount, it should not exceed three years) and loan rate.

For example, when purchasing a Lada from an official dealer, you can choose one of several dozen loan programs from four banks with rates ranging from 6.9% to 19.7% per annum.

5. Make a down payment

If the loan is approved, you need to make a down payment for the car, and the bank will transfer a 10 percent subsidy to the car dealership and the remaining amount, for which the loan will be issued.

The programs operate throughout Russia, and many dealers combine bonuses from government programs with their own car discounts. An important clarification: the discount provided by the state is considered a citizen’s income and is subject to a 13 percent income tax (next year, program participants will have to submit a declaration and pay tax).

Calculation example

For example, you decide to buy a mid-spec Lada Vesta sedan for 600 thousand rubles. The terms of the “Lada Special 6.9” loan provided by VTB24 Bank require an initial payment of 30–39% of the car price, an annual rate of 6.9% and a loan term of 12–36 months.

Thus, the buyer must make an initial payment of 180 thousand rubles (30% of the price of the car), 60 thousand rubles (10%) will be compensated by the state, and the remaining 360 thousand rubles will be provided on credit at a rate of 6.9% per annum.

The preferential car loan program has proven itself to be a good tool for maintaining the purchasing power of the population in the automotive industry, because due to the sharp increase in car prices in past years and not yet stopping, not every buyer can afford to purchase one. Discounts are required, this is what the state program is designed for.

But here the situation is the same as with Toyota. The configurations are only the simplest and it is not a fact that they will be easily available for sale.

Cost of complete sets: 1,349,000 to 1,499,000 rubles.

Renault Duster

Another model produced in Russia (one of the conditions for obtaining a preferential car loan) is French. At the moment, this is a restyled first generation of crossover with SUV capabilities.

The entire range of configurations easily fits the state support program.

Cost of complete sets: from 639,000 to 1,029,000 rubles.

Toyota Camry

When creating the Top 10, we couldn’t ignore such a model as the Toyota Camry. Perhaps it is not as popular and is not as cheap as the Hyundai Solaris, but this does not prevent the Japanese sedan from year after year from remaining an extremely popular model among foreign business class models. It’s not for nothing that production is established on the territory of the Russian Federation.

Several configurations costing from 1,407,00 to 1,460,000 rubles are suitable for the conditions of the state program.

Front-wheel drive, 150 horsepower 2.0 liter engine, automatic transmission, Japanese quality.

Cost of complete sets: 1 407 00, 1 460 000 rubles