The preferential car loan program will be renewed on December 1 The preferential car loan program in Russia will be renewed on December 1. This is what First Deputy Prime Minister Denis Mentorov said during the government hour at the Federation Council. Funding for the program will be allocated from the limits for 2027. According to Mantorov, the Ministry of Industry and Trade and the Ministry of Finance submitted a similar proposal to the government which supported it. "I think it will be a good help and support both for our car manufacturers and for the category of citizens who have the opportunity to take advantage of this program," said the deputy prime minister (quoted by TASS). In September it became known that the limits allocated for 2026 for preferential car loans and leasing had been exhausted. In the 2026 budget, 20 billion rubles were allocated for preferential car loans, and 30 billion rubles for preferential leasing. The office did not specify what the amount was actually allocated. They reported that with the support of preferential loans, 123 thousand cars were purchased, and 54.8 thousand were purchased with preferential leasing. Funding for the program was expected to resume in 2027, but it turns out that will happen a month earlier. But what will happen to the program in 2027 is not entirely clear. On October 2, Vadomosti wrote, referring to the materials for the draft budget for the years 2027-2029, that the government reduced the amount of funding for the preferential car loan program from 20 billion rubles budgeted for 2027 in the current budget to 7 billion rubles. in the cycle of the next three years. On October 21, the head of the Ministry of Industry and Trade, Anton Alikhanov, announced that the department, in the second reading of the draft budget for the years 2027-2029, will offer options to increase funding for preferential car loan and car leasing programs. He noted that the initial version of the budget establishes the minimum amount of funding required for devices.

The preferential car loan program will be renewed on December 1 The preferential car loan program in Russia will be renewed on December 1. This is what First Deputy Prime Minister Denis Mentorov said during the government hour at the Federation Council. Funding for the program will be allocated from the limits for 2027. According to Mantorov, the Ministry of Industry and Trade and the Ministry of Finance submitted a similar proposal to the government which supported it. "I think it will be a good help and support both for our car manufacturers and for the category of citizens who have the opportunity to take advantage of this program," said the deputy prime minister (quoted by TASS). In September it became known that the limits allocated for 2026 for preferential car loans and leasing had been exhausted. In the 2026 budget, 20 billion rubles were allocated for preferential car loans, and 30 billion rubles for preferential leasing. The office did not specify what the amount was actually allocated. They reported that with the support of preferential loans, 123 thousand cars were purchased, and 54.8 thousand were purchased with preferential leasing. Funding for the program was expected to resume in 2027, but it turns out that will happen a month earlier. But what will happen to the program in 2027 is not entirely clear. On October 2, Vadomosti wrote, referring to the materials for the draft budget for the years 2027-2029, that the government reduced the amount of funding for the preferential car loan program from 20 billion rubles budgeted for 2027 in the current budget to 7 billion rubles. in the cycle of the next three years. On October 21, the head of the Ministry of Industry and Trade, Anton Alikhanov, announced that the department, in the second reading of the draft budget for the years 2027-2029, will offer options to increase funding for preferential car loan and car leasing programs. He noted that the initial version of the budget establishes the minimum amount of funding required for devices.