The average auto loan bill set a new record
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By data National Bureau of Credit Histories (NBKI), in August 2023, the average size of issued car loans (for new and used cars) reached 1.49 million rubles. Compared to the previous month, it grew by 2.5%, year-on-year – by 27.3%. As NBKI noted, the average bill has been growing continuously since February 2023, which “is largely facilitated by an increase in sales of new cars from friendly countries.”
The top three in terms of average car loan size are Moscow (1.99 million rubles), Moscow region (1.81 million) and St. Petersburg (1.78 million). The largest increase in the average bill in August was recorded in the Omsk region (+8.5%), Khanty-Mansi Autonomous Okrug (+7.4%) and the Irkutsk region (+7.3%).
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