Preferred car loan program returns from December 1 The proposal was put forward by the Ministry of Industry and Trade and the Ministry of Finance, and the Cabinet supported it, Deputy Prime Minister Denis Mentorov said at the Federation Council. The program is being renewed, according to him, at the expense of the 2027 borders. Preferential car loans are intended for several categories of people: first-time car buyers, residents of the Far Eastern Federal District, large families, SVO participants, teachers and health workers. The subsidy ranges from 20 to 40%. The interest rate on a preferred car loan cannot exceed the central bank's key rate by more than 5 percentage points. The advance is no more than 10%, the loan period is up to 8 years. Only domestic cars can be purchased in Russia: Lada (all models), UAZ, Moskovich 3 and 3e, electric and hybrid cars: Via (Free, Dream, Passion), Evolot (i-PRO, i-JOY, i-SKY, i-JET, i-VAN, i-SPACE). The maximum price of a car with an internal combustion engine to receive a subsidy is usually limited to 2 million rubles. As a rule, the banks do not set limits for electric vehicles.