El notes

at helping Russia’s car industry again in a hurry benefits. The authorities have extended run in the 2009 program of interest rate subsidies on loans for purchasing Russians products domestic automobile industry for 2010. The most massive support under this program will be in 2011 and could cost the budget at 1.75 billion rubles.

preferential car loans program, launched in April 2009, ended Jan. 1, 2010. Those nine months, during which she acted, showed that the Russians it is, in principle, relished. According Minpromtorg, the program subsidy rates on car loans have been sold more than 71 thousand cars. Thus the total cost of purchased under the program amounted to cars over 30 billion rubles. The authorities acknowledged the effectiveness of the measures to support the national car and decided to prolong its action.

Prime Minister Vladimir Putin signed a decree extending the program of preferential car loans for individuals for 2010.

As stated in the ruling government, the text of which was published on Monday, in 2010 for compensation of interest rates on loans to banks will be highlighted Russia’s 1 billion rubles.

This not all good news to support the automotive industry and want to save when buying a new car the national assembly. Ministry of Finance to the same decision requested in the 2011-2013 year to provide for the program over 3.25 billion USD.: In 2011 – 1.75 billion rubles. In 2012 – 1.002 billion rubles. In 2013 – 0.5 billion rubles.

program until conditions remain the same, although the voices in favor of raising the marginal cost of the car. While they were not heeded. The limit value of the vehicle, as before, will not exceed 600 thousand rubles.

recall the model number for this program was expanded in August 2009 by raising the marginal cost of cars with 350 thousand up to 600 thousand rubles. In the framework of concessional loans, you can choose products of OAO AvtoVAZ, OAO TagAZ, GAZ, UAZ, “IzhAvto, OAO Sollers, as well as the Ford plant in Vsevolozhsk (Ford Focus), Kia Spectra (” IzhAvto “) and the Renault Logan (Moscow Avtoframos “).

Massa’s new car should not exceed 3.5 tonnes (under the program fall and light commercial vehicles). The promotional credit is issued for 3 years. Down payment is 15%. Compensation is defined as the difference between the current at the date of issuance of the loan rate and bank discounts, calculated on the basis of 2 / 3 of the Central Bank refinancing rate.

Authorities expect that this year’s program will be more successful. In 2009, a benefit when buying used cars, 71 thousand 631 people, but wanted more. In November 2009 the head of Minpromtorg Viktor Khristenko predicted that by the end of the year in Russia may be issued up to 100 thousand soft loans.

“Last year, the subsidy program rates on auto loans was just beginning, this was a new program, and, of course, inevitably it was associated with a period of excitation. Today, in fact, the mechanism is running, and we expect that a much larger number of citizens will take advantage of this benefit, “- the prime minister said at the Presidium of the RF Government on February 4.

According to the forecast of Industry and Trade Minister Viktor Khristenko, this year in the program buy cars with State-subsidized interest rate on the loan will be purchased in more than 100 thousand cars.

According to Viktor Khristenko, the program can be run quickly, as the banks that worked on it last year (when it took part in more than 90 banks), did not stop its activities in this area. Compensation issued in 2010, credits will be made to banks, had applied to the RF Minpromtorg until March 1, 2010.

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