OREANDA-NEWS. According to preliminary estimates of analysts of "AUTOSTAT", in 2014 for the purchase of new cars it was spent about 2.3 trillion Rubles. That is practically the same amount as in 2013 (2.32 trillion Rubles). In this case, in quantitative terms, the market fell by 11% to 2.3 million units.

Analysts note that due to a significant decrease in the volume of car loans in the fourth quarter of 2014, the volume of borrowed funds for the purchase of cars decreased by approximately 20% to 600 billion Rubles. At the same time, the amount of cash rubles, spent on cars, increased by 8% to 1.7 trillion Rubles.

We should note that in the dollar equivalent the capacity of car market of Russia decreased by 19% from 73.9 billion USD to 59.6 billion USD, due to a significant depreciation of the Ruble (in 2013 the weighted average rate of USD was 31.9 rubles and in 2014 it rose to 38.6 rubles).

According to the director of the agency "AUTOSTAT", Sergey Tselikov, in 2015 it is expected the reduction of the capacity of the Russian car as in the dollar, so in ruble terms. This is due to a significant increase in car prices and declining of purchasing power of the population as a consequence of the deteriorating of economic situation in the country.