In February, the market for passenger cars in leasing noticeably revived. Industry participants report sales growth of 19–40% at once. Among the reasons are lower rates and the desire of some taxi fleets to update their cars before the new localization rules come into force.
According to market participants, demand was supported by several factors at once. These include the easing of the Central Bank's monetary policy, the return of some pent-up demand, and the effect of a low base.
Taxi fleets played a special role. In January and February, some companies actively purchased cars on lease and registered them before the law on taxi localization came into force. If the car is entered in the register of passenger taxis before March 1, 2026, it can operate without restrictions, even if it does not meet the new localization criteria.
At the same time, market participants emphasize that taxi fleets are not yet in a hurry to massively switch to cars from the list of those allowed to work in taxis. Haval Jolion and Tenet T7 recently appeared in it, and these models may revive demand, as the market was waiting for them, analysts suggest.
The forecast for the market as a whole remains cautiously positive. Experts believe that sales may continue to grow in the coming months, but without sharp jumps. A more active recovery is possible with a Central Bank rate of 12% or lower with a stable exchange rate.
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