Interestingly, although the number of issued loans decreased, the average loan amount remained almost the same – approximately 1.7 million rubles, a slight decrease compared to last year.
Compared to August 2025, the volume of auto loans in September increased by approximately 10%, while the number of loans increased by 9.1%. In August, banks issued approximately 10.4 billion rubles for car purchases.
Experts believe this decline is due to rising car prices and high loan costs. Although the volume of loans has increased slightly over the year, it is still significantly lower than last year, according to RBC Petersburg.
Meanwhile, car dealerships are holding prices steady and rushing to sell off their inventory before the next increase in the recycling fee. Experts note that dealers are trying to offload hundreds of thousands of cars, as each unsold vehicle creates ongoing expenses. Once the sale ends, the decline in auto loan volumes will likely continue or accelerate.