Russians continue to take out loans for cars, despite rising prices and interest rates. Over ten months of 2025, the volume of car loans reached a record 137 trillion rubles, according to Frank Media experts.
In October alone, banks issued car loans for 213.5 billion rubles, which is 7.3% more than a year earlier. At the same time, the average check increased to 1.5 million rubles, that is, most buyers are borrowing more and more to afford even inexpensive models.
The growth in lending activity is directly related to the hype in the market. In October, Russians bought 164.6 thousand new cars - this is the maximum for the year. At the same time, imports of used cars are also actively growing: 59.9 thousand cars arrived from abroad, 55% more than in October 2024.
Despite the huge volume of borrowing, the overall car loan market is still a third lower than last year. The reason is the tightening of conditions and the increase in loan rates.
