A noticeable increase in car loans for new cars was recorded in May 2025. This was noted by analysts. According to the UCB, in May, banks issued 74.79 thousand car loans totaling 97.28 billion rubles. At the same time, 69% of all loans and 70% of the total volume were for new cars, which is 5 and 6 percentage points more compared to previous months.
The average loan amount for a new car was 1.527 million rubles, which became a record since February 2022. At the same time, the share of loans for used cars decreased to 31% in quantitative terms and 30% in monetary terms. The average loan size for used cars was 1.289 million rubles.
Experts confirm that demand for new cars significantly exceeds interest in used cars. According to bank representatives, the activity of manufacturers and special offers from dealers contribute to the growth of interest in new models. At the same time, high interest rates on loans for used cars, exceeding 28% per annum, restrain demand in this segment.
Despite the recent key rate cut by the Central Bank, experts do not expect a significant improvement in the situation in the car loan market. It is predicted that this year the car loan segment may decrease by 40-50% compared to last year. Recovery is possible only if average rates fall below 20%.
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