Since July 2017, a number of state programs have been launched to subsidize certain categories of citizens when buying a car. By the way, these are not the first state support programs. automotive market, similar projects have been successfully operating since 2014 and are in demand. This article will discuss the conditions for obtaining a loan under the state program Family car, and also a list of cars and banks participating in it will be drawn up.
Among the state programs that have been replaced by new ones are recycling, redemption of an old car and exchange for a new one. It is clear that it has already worked its way out, those who wish could use it. The government decided not to cover the entire market segment, but to decide on targeted assistance. In particular, state subsidies when applying for a loan vehicle were adopted for farmers (" Russian farmer"), Entrepreneurs (within the framework of the state program" Own business "), citizens who purchase a car for the first time (" First car ") and families with children (state program" Family car ").
It is almost always difficult for a large family to immediately purchase a car or take out a loan on general terms. In order to support the category of citizens, the state issued an order according to which a family can purchase a car without down payment at a reduced rate. How does it all work and what are the differences from the usual purchase of a car on credit? Consider below.
Features of the family car state program in 2017
A distinctive feature of the Family car state program from others is the ability to get a loan for favorable terms... Judge for yourself, a 10% subsidy on the cost of a car from the state and a decrease in the interest rate on a loan by 6.7% is of interest to consumers. Thus, a car loan issued under the state program becomes more affordable than others. If the spouses have been thinking about purchasing a family car for a long time, you should take a closer look at its conditions.
Conditions for buying a car under the state program
Let us recall the features for participation in all adopted state programs:
- The car must be produced in Russia.
- It is possible to purchase a car no older than 2016-2017.
- The cost of a car is not more than 1,450,000 rubles.
- The car is purchased as standard.
- The loan term is no more than three years (36 months).
The distinctive conditions for participation in the Family car state program are:
- A car can be purchased by a married couple raising two or more children (minors).
- The applicant does not have a loan to buy a car.
- The applicant has driver's license.
- After receiving a car loan, the participant loses the right to participate in the state program again. One car is issued to one person.
- The maximum interest rate on the loan is 11.3 percent.
Agree, the conditions are more than feasible. Which banks to apply for a car loan?
Which banks arrange a car loan
Dealers can offer additional bonuses when buying a car. So, the auto concern Ford has provided for its potential buyers in addition to a guaranteed discount from the state of 10%, a reduction on a loan subsidized by the state by 6.7%, an additional discount of up to 200,000 rubles.
The exact list of participating banks under the Family Car state program is currently being formed. It is known that a number of banks have started to issue loans. Sberbank, VTB, Bank of Moscow, Cetelem Bank are involved in the state program among those known to a wide circle of people. It became possible to issue a car loan in these institutions since July 19 this year.
Car list
At the stage of discussing the bill, in particular, the maximum cost of cars, figures of 800-900 thousand rubles were announced. In the final version, the Government decided to subsidize cars worth up to 1,450,000 rubles.
Family car eligible for the state program in this price category:
- LADA cars, complete set, are not more expensive than the established limit.
- UAZ complete set, not more expensive than the established limit.
- KIA in a complete set, not more expensive than the established limit.
- RENAWLT in a complete set not more expensive than the established limit.
- Ford in eligible price segment.
- Nissan, as standard.
- Mazda, standard.
Among the cars presented in the list among consumers during the implementation of the state program, the Family car is popular with LADA, KIA, FORD cars. You can check the maximum discounts when buying a car from these concerns on their official website.
How to get a car loan under the state program Family car
Before buying a car under the state program, you should visit a car dealership and clarify whether it cooperates with credit institutions participating in the project. You can also find out on the official website of the car dealer.
Any of the spouses can apply and get a loan. One of the conditions of the bank is the availability of rights and the absence of previously issued car loans in 2017. You can apply for a loan directly in the salon, where bank employees are often present or in the branch of a credit institution.
It is advisable to compare the conditions offered before submitting documents by different banks, estimate the percentage of overpayment under the contract, the interest rate. Clarify whether it is possible to change the insurance company over time.
Often, car manufacturers have additional discounts, promotions are held, which, when combined with a state subsidy, will help to buy a car most profitably.
To get a loan for the purchase of a car under the state program Family car you will need:
- the passport
- driver's license
- 2-NDFL certificates on the salary of spouses
- birth certificates of children
This list is not final. The exact list of documents is specified in a specific bank. After submitting all the documents, the bank will check the accuracy of the information provided and make a decision.
Benefits of participating in the state program
An additional bonus when participating in the Family Car state program, which distinguishes it from the previous ones, is that there is no need to make an initial payment. Its introduction is undertaken by the state, contributing 10% of the cost of a car on a loan.
The state subsidy for buying a car does not apply to additional fees that the bank imposes on the buyer. Those. the insurance will have to be paid by the car owner himself.
In addition to contacting a credit institution, it is possible to apply for a loan directly at a car dealership. In this case, the buyer can save time.
Contrary to publications on other information sites about the possibility of using maternity capital funds in 2017 to purchase a car under the Family Car state program, we inform you that this bill was not adopted. It is impossible to use the capital for these purposes.
As always, the adoption of the law "kills two birds with one stone." On the one hand, the state develops the automotive industry and increases sales, on the other hand, it helps the population to buy cars at a discount. More than 90,000 vehicles are projected to be sold under the program. The Family Car state program is designed for 2017. Whether it will be extended is still unknown.
Video: State program Family car has started
Car dealerships have begun full-fledged work on the new state programs "Family Car" and "First Car", which offer buyers very tempting conditions. Moreover, complaints that people are being driven into loans, in general, are not well-to-do - those who do not take a loan can also claim a 10% discount.
New conditions
Let me remind you that instead of the usual recycling and trade-in programs, since July 2017 in Russia. "Family Car" is addressed to customers with two children. “First car” assumes that the car is acquired by a person for the first time.
The benefits of using programs are twofold. Firstly, the client receives a direct 10% discount on the chosen car, and secondly, he saves on overpayment on the loan - the rate is reduced by 6.7% relative to the bank rate, which, in turn, cannot exceed 18%.
Let me emphasize that a 10% discount applies to those who plan to buy on credit. Formally, this condition can be circumvented, for example, by taking a loan for a small amount (the minimum set by the bank) and then repaying it ahead of schedule.
What cars can be bought under the new programs?
Basic conditions - russian assembly and the price is not higher than 1.45 million rubles. The car must be new (from a car dealership) and released no earlier than 2016.
List of cars participating in the Family Car and First Car programs
* - a number of models, for example, Volkswagen tiguan and Toyota Camry, are available only in a limited number of trim levels, the cost of which fits into 1.45 million rubles.
The procedure for obtaining a subsidy
If the buyer and the car he has chosen meet the conditions above, an application for a subsidy can be submitted both at a car dealership (usually in the loan department) and at the office of a partner bank.
The term for consideration is from one hour to several days.
The main documents are a passport and a driver's license, when using the "Family Car" program - two birth certificates, in which the buyer is recorded as one of the parents of the children. Similar marks should be in the passport.
Applicants for the purchase of the first car do not need to confirm the fact of "first" - the bank will check it on its own.
- Borrowers are checked for compliance with the conditions of the state program automatically as part of the credit strategy, plus when applying for a loan, the client signs an additional agreement in which he confirms that he never owned a car (the property right was not registered with the traffic police), - explains the manager of the Chelyabinsk Regional Public Organization VTB24 Elena Blinova. - If the client drove the car of relatives or friends, this does not serve as a reason for refusing to receive a subsidy.
Those who already took a car loan in 2017 cannot apply for state aid programs. In addition, the client will be asked to sign a pledge not to take new car loans until the end of the year. This condition was introduced in order to exclude the receipt of double benefits.
The client will have to sign another additional agreement, according to which he will compensate the bank for a 10% discount on the car in case the bank does not receive reimbursement of costs under the program state support... I will clarify here that it is the bank, not the dealer, that compensates the client for the discount.
The conditions of state programs imply that a loan can be issued even without a down payment, and casco insurance is included in the body of the loan. However, the final conditions depend on the bank. A number of banks, VTB24 in particular, offer car loans without the need to insure the car under Casco.
The Chelyabinsk car dealerships have confirmed their readiness to work under the new programs.
Calculation example
Let the client choose Lada Vesta complete with air conditioning for 571 thousand rubles. If the application for a state subsidy under one of the programs is approved, the partner bank will compensate 57 thousand rubles, and the price of the car will drop to 514 thousand rubles.
If the client makes 200 thousand rubles as an initial payment, the body of the loan (excluding casco insurance, if included in the loan) will be 314 thousand rubles. If the bank's interest rate is 16%, and the loan term is 3 years, the monthly payment will be 11 thousand rubles, and the total loan overpayment will be 83 thousand rubles.
Reducing the rate by 6.7% due to the state subsidy will reduce the monthly payment to 10 thousand rubles (by 10%), and the overpayment to 47 thousand rubles.
The total savings due to direct discounts and subsidized loans will amount to about 93 thousand rubles.
However, the real value may be less, taking into account bank commissions, the need to insure the car for comprehensive insurance and other expenses, therefore, before signing the contract, demand detailed information on the terms of lending.
