OREANDA-NEWS.  Ministry of Industry and Trade returned to discuss the program of preferential car loan, which may begin simultaneously with the support of car leasing - in the II quarter.

Ministry of Industry can restart the program of preferential car loan, said the President of the Association "Russian dealers" ("Road"), Vladimir Mozhenkov, and vice-president of "Europlan", Alexander Mikhailov, participants of the meeting with the Minister of Industry and Trade, Denis Manturov. The Ministry did not refuse the support of car leasing, about which Mr.Manturov announced on February 17th. It was assumed that the part of leasing rate will be subsidized and it was also performed additional capitalization of the State transport leasing company, wrote the newspaper "Vedomosti".

Support of car leasing can be effective, but the program requires a detailed study and preferential car loans can be run fast, it is familiar to banks and consumers, says Mr.Mozhenkov. Both programs, he predicts, will allow the sales of about 250 thousand cars.

Leasing for individuals – is a perspective direction, agrees the executive director of "Rolf", Vitaly Pavlovsky, but it requires the promotion and clarification. The market needs the emergency support measures, he is sure, and subsidizing of car loans is the most effective. The situation in the market is close to collapse, says Mr.Mozhenkov: according to preliminary calculations, the drop in sales in February, may reach 35-45%.

Both programs can be launched in April and they will last six months, knows Mr.Mozhenkov, the issue of funding is to be worked out. There is no decision to renew the program, one of the employees of car plant knows: the source of the money is not clear.

At the end of October of 2014 the Director of the Department of Industry and Trade, Alexander Morozov, said that the Ministry considered a program of preferential car loan as inefficient: the state subsidized the part of rate, as banks raised rates, and won the support of the state banks.

In 2014 it was given less of car loans by 22.3 % than in 2013, according to the National Bureau of Credit Histories (NBCI). The share of cars, sold on credit, in the same period decreased by 7.5 % - to 40.5%, estimated the analysts of the agency "AUTOSTAT" and NBCH. Totally the car sales fell by 7.8% to 2.3 million units.

Anton Pavlov from the "Absolut Bank" support the preferential car loans. The state program will allow banks to increase significantly the issuing of car loans, he said - and he recalls that about 30-40% of car loans banks gave by the last program of Ministry of Industry and Trade. Now auto loan rates – are 15-27%, according to special programs - 9-10%.

If you both programs will be launched, it would be more difficult for leasing, it is not traditional for Russia phenomenon, says the executive director of the agency "AUTOSTAT", Sergei Udalov, but in any case, consumers need to be confident that they will be able to make the monthly payments. In 2009, when it was launched the program of preferential car loan, the economy was out of the crisis, the situation is different now, concludes Mr.Udalov.