As part of the support of the domestic auto industry andproviding citizens with the opportunity to buy their own cars is offered by the state preferential car loans. It lies in the fact that due to the state support a loan is issued for the purchase of a car on favorable terms, therefore a reduced interest rate is established. If a person plans to buy a car at the expense of credit funds, then you should understand all the rules and nuances of obtaining such a loan.
Due to the economic crisis, the demand forcars and loan products of banks decreased significantly. This has led to the need for the state to develop various programs that allow making large purchases on favorable terms.
The program of preferential car loans is validfor several years now, but numerous changes have been made regularly, and subprograms have been formed. Numerous innovations were adopted in 2018. The main goal of such a proposal is the opportunity for every citizen to become the owner of his car, while special attention is paid to the purchase of domestic cars.
In 2018, specific conditions were established.obtaining such a loan to buy a car. Before issuing such a loan, it is necessary to clarify which particular banks are working on this program. Conditions for preferential car loans are as follows:
За счет таких ограничений приобрести можно только some kinds of inexpensive cars. People who do not have their own vehicle are attracted by preferential car loans. Banks operating under this program are usually large and stable.
It is represented by a special loan, which offers favorable terms to borrowers. Its main purpose is the purchase of a car, which can be domestic or foreign.
The need for preferential car loansdue to the low purchasing power and a severe economic crisis in the country, so citizens cannot buy a car for their money. The state offers a low percentage of car buyers. At the expense of public funds is the difference in the percentage of the bank.
Federal security when buying a car inThe loan is intended to solve several problems that are significant for Russia. The state program of preferential car loans was introduced to achieve the goals:
As a standard, the auto loan offers an interest rate ranging from 15 to 25 percent, but when using this program, the rate is set at 8 to 10%.
The procedure for obtaining a preferential loan for the purchase of a car is regulated by PP No. 364.
This program was extended until the end of 2018, and it is planned that it will be valid for several more years until the situation on the car loan market is settled.
Initially, you need to figure out whatis such a unique offer. The state program of preferential car loans involves the state assisting in the process of buying a car:
The program began operating in 2009, but it was in 2012 that there was the highest demand for cars purchased with credit.
To really count on support fromside of the state in the process of buying a car on credit, it is important to choose a car that is included in a special list for this program. For significant savings of their own funds, often citizens choose preferential car loans in 2018. The list of cars includes the most common and popular brands.
With the support of the state, you can buy car brands:
For many vehicles of these brands preferential car loans can be applied. The list of cars can be fully studied in PP number 364.
If a person wishes to participate in thisprogram, then you need to figure out what phased actions for this should be performed. To do this, it is initially recommended to determine what machine will be purchased. Government preferential car loans are offered when performing consecutive actions:
After performing all the above actionsit is only necessary for the borrower to pay the loan monthly. Preferential car loans are considered easy to design, so with little effort on the part of the borrower, you can count on a low interest rate when you apply for a car loan.
To purchase a car on the basis of concessional loans requires the borrower to prepare certain documentation. It may differ slightly in different banks, but standard paper is required:
You can find out the exact list directly onsite of the selected bank. Before submitting an application, it is necessary to decide which car will be purchased, since preferential car loans are not offered for all vehicles.
Requirements for citizens are presented as banks,issuing loans, and the state directing budget funds to cover the difference between the percentages. The program of preferential car loans is available to citizens who meet the conditions:
Each offer is considered by the bank separately. If there are certain drawbacks or if the requirements are not met, then preferential car loans may be denied.
In the framework of the state program are presentedstrict conditions for banks that can offer auto loans to borrowers on preferential terms. Institutions had to go through a specific selection. The main requirements include:
In 2018, the requirements softened slightly,therefore, more than 90 banks offer preferential car loans. Therefore, borrowers can apply to Sberbank, VTB24, Rosbank, Rosselkhozbank or Bank of Moscow. Each organization offers its own conditions and rates, but with government support, borrowers can count on a rate not exceeding 9.5%.
The program, which offers a discountconditions of car loans, contains several subroutines. They are aimed at different categories of citizens, which is why preferential car loans are so attractive in Russia. Family car - this is one of the routines, which is aimed at families who have the status of young or large. The main conditions of this subroutine include:
This proposal is especially relevant for large families, as citizens really need a car to transport children.
Banks may refuse to potential borrowers to participate in this program for good reason. Most often this is due to the reasons:
Most often, the failure of banks is justified, so the borrower is required to choose another car or increase income.
PP number 364 clearly states that to obtainstate subsidies require the borrower to have a certain amount of funds, constituting 20% of the value of the car. But some banks offer slightly modified terms. Additionally, there are several subroutines in which the terms of assistance are simplified.
If you use the program "Familycar, then a 10% discount is offered on the purchase of a car, so buyers can initially expect a reduction in the price of a car. Discount is provided only when you make a car loan in the bank. Get it in the presence of its own funds will not work. Under these conditions, it is advisable to issue a car loan for a minimum period with a small overpayment, thereby offering a discount on cars at a rate of 10%. Then you can early repay the auto loan, so as not to overpay for interest.
There are many advantages of buying a car through participation in the state program. These include:
Таким образом, каждый гражданин РФ при satisfying certain conditions can rely on a preferential car loan to buy a new car. The state provides support by offering low interest or discount on the purchase of a car. Not too strict requirements are imposed on borrowers, therefore practically every person can take advantage of such a proposal.
