More than 90% of sales of Xcite cars have been made on credit since they entered the market. This was announced by Alexander Shaprynsky, Commercial Director of the network, in an interview with the AUTOSTAT agency.

Xcite X-Cross 7
Xcite X-Cross 7

The high demand for loans is due to the Xcite finance program. It offered customers the opportunity to apply for a loan at 0.01% for up to two years with a down payment of 40%. More than half of the transactions under this program are concluded for a period of two years or more at a rate of 10% or more.

The main volume of sales (about 80%) fell on Xcite X-Cross 7 crossovers. The remaining 20% are on the older X-Cross 8 model.

Now Xcite crossovers are leaving the market, and dealers are selling off cars with discounts of more than 500 thousand rubles.

Read materials on the topic:

AvtoVAZ responded to rumors about the production of Lada cars in St. Petersburg

Factories are overflowing with illiquid assets: the total number of unsold Xcite cars has reached 8000

"Avtozavod St. Petersburg" offered new ways to buy Xcite crossovers

Sources
Avstostat

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