Prices for foreign cars in Russia were predicted to rise by 80% this fall due to an increase in recycling collection
It is noted that despite the rate increase, Russians rushed to take out loans for cars – sales increased by 42%. In July, a record was set: Russians issued 133 thousand loans worth almost 200 billion rubles.
Prices for Chinese cars have increased noticeably; by September they will rise in price by another 10%. By 2030, only 5-7% of Russians will be able to afford to buy a car.
