Discount under the lada finance program. LADA FINANCE - preferential car loan program
LADA Finance is a car loan program provided by AvtoVAZ PJSC with the participation of partner banks. This loan program is valid for everyone in the Russian Federation who cooperate with partner banks.
- Low interest rates on loans
- Optimal down payment
- Convenient car loan terms
- Quick response about the decision to issue a loan
Notify the car dealership manager about your intention to buy a car under the LADA Finance program.
Contact a partner bank specialist to get a preliminary decision on the possibility of buying a Lada car on credit.
In case of a positive response from the bank, the dealership manager will open an invoice for the purchase (subsidies from AvtoVAZ OJSC are provided for certain configurations).
Give the received invoice to the specialist of the credit department of the partner bank.
Draw up an agreement for the purchase of a car on credit under the LADA Finance program.
The final stage is the payment of the down payment. Now you can COLLECT YOUR NEW CAR!
Program conditions
Read more... Program | Down payment, % | Bank rate, % | Loan term, months | Insurance conditions | Commission |
LADA Special | 20 - 39 | 8.9 | 12-36 | CASCO, SJ | is absent |
from 40 | 7.9 | 12-36 | |||
LADA Special (FAVORABLE lending) | 20 - 39 | 8.9 | 12-36 | CASCO, SJ | is absent |
from 40 | 7.9 | 12-36 | |||
LADA Special 6.9 (Government program) | 30 - 39 | 6.9 | 12-36 | CASCO, SJ | is absent |
LADA Special 6.9 (FAVORABLE lending) | 30 - 39 | 6.9 | 12-36 | CASCO, SJ | is absent |
AutoStandard (Basic conditions) | from 20 | 16.9 | 12-60 | CASCO | is absent |
AutoStandard (Government program) | from 0 | 10 | 12-36 | CASCO | is absent |
AutoStandard (FAVORABLE lending) | from 0 | 10 | 12-36 | CASCO | is absent |
from 20 | 16.9 | 42-60 | |||
AutoExpress (Basic conditions) | from 20 | 16.9 | 12-60 | CASCO | is absent |
AutoExpress (Government program) | from 20 | 10 | 12-36 | CASCO | is absent |
AutoExpress (FAVORABLE lending) | from 20 | 10 / 16.9 | 12-36 / 42-60 | CASCO | is absent |
AutoExpress without CASCO (Basic conditions) | from 30 | 16.9 | 42-60 | is absent | |
AutoExpress without CASCO (Government program) | from 30 | 10 | 12-36 | is absent | |
AutoExpress without CASCO (FAVORABLE lending) | from 30 | 10 / 16.9 | 12-36 / 37-60 | is absent | |
Auto Express (all models) (Basic conditions) | from 30 | 16.2 | 37-60 | SJ | is absent |
Auto Express (all models) (Government program) | from 30 | 9.5 | 12-36 | SJ | is absent |
Auto Express (all models) (FAVORABLE lending) | from 30 | 9.5 | 12-36 | SJ | is absent |
To apply for a loan at VTB Bank under the LADA Finance program, you must:
- Be a citizen of the Russian Federation;
- Be over 21 and under 60;
- Be officially employed on the territory of the Russian Federation for at least 3 months;
- Have a total work experience of at least 1 year;
- Have average income at least 10 thousand rubles per month;
- Have an average monthly income based on each family member - at least 8 thousand rubles;
- not have a negative credit history;
- Do not have children under 6 months old (for women).
- Choice of passport, driver's license, insurance pension certificate, TIN certificate;
- Under the "AutoStandard" program, you additionally need to provide a copy work book and proof of income.
Program | Down payment, % | Bank rate, % | Loan term, months | Insurance conditions | Commission |
(SJ 3.9) (Basic conditions) | from 20 | 16 | 42-60 | CASCO, SJ 3.9 | is absent |
(SJ 3.9) (Government program) | 0 - 29 | 7.5 | 36 | CASCO, SJ 3.9 | is absent |
from 30 | 6.9 | 36 | |||
(SJ 3.9) (FAVORABLE lending) | 0 - 29 | 7.5 | 36 | CASCO, SJ 3.9 | is absent |
from 20 | 16 | 42-60 | |||
from 30 | 6.9 | 36 | |||
(SJ 3.9) (Basic conditions) | from 20 | 16 | 42-60 | CASCO, SJ 3.9 | is absent |
(SJ 3.9) (Government program) | 0 - 29 | 7.5 | 36 | CASCO, SJ 3.9 | is absent |
from 30 | 6.9 | 36 | |||
(SJ 3.9) (FAVORABLE lending) | 0 - 29 | 7.5 | 36 | CASCO, SJ 3.9 | is absent |
from 20 | 16 | 42-60 | |||
from 30 | 6.9 | 36 | |||
(СЖ 3.9) without CASCO (Government program) | from 30 | 9.7 | 36 | SD 3.9 | is absent |
(СЖ 3.9) without CASCO (FAVORABLE lending) | from 30 | 9.7 | 36 | SD 3.9 | is absent |
(СЖ 3.9) without CASCO (Government program) | from 30 | 9.7 | 36 | SD 3.9 | is absent |
(СЖ 3.9) without CASCO (FAVORABLE lending) | from 30 | 9.7 | 36 | SD 3.9 | is absent |
SR 3.9 (confirm income) (Government program) | from 0 | 6 | 36 | CASCO, SJ 3.9 | is absent |
SR 3.9 (confirm income) (FAVORABLE lending) | from 0 | 6 | 36 | CASCO, SJ 3.9 | is absent |
ST (Basic conditions) | 20 - 29 | 17 | 42-60 | CASCO, SJ | is absent |
30 - 49 | 16 | 42-60 | |||
from 50 | 15 | 42-60 | |||
ST (Government program) | 0 - 29 | 10.3 | 24-36 | CASCO, SJ | is absent |
30 - 49 | 8.8 | 24-36 | |||
from 50 | 7.8 | 24-36 | |||
ST (Basic conditions) | 20 - 29 | 17 | 42-60 | CASCO, SJ | is absent |
30 - 49 | 16 | 42-60 | |||
from 50 | 15 | 42-60 | |||
ST (Government program) | 0 - 29 | 10.3 | 24-36 | CASCO, SJ | is absent |
30 - 49 | 8.8 | 24-36 | |||
from 50 | 7.8 | 24-36 | |||
ST (FAVORABLE lending) | 0 - 29 | 10.3 | 24-36 | CASCO, SJ | is absent |
20 - 29 | 17 | 42-60 | |||
30 - 49 | 8.8 / 16 | 24-36 / 42-60 | |||
from 50 | 7.8 / 15 | 24-36 / 42-60 | |||
Standard (Basic conditions) | from 20 | 18 | 42-60 | CASCO | is absent |
Standard (Government program) | 0 - 29 | 10.2 | 24-36 | CASCO | is absent |
30 - 49 | 10.2 | 24-36 | |||
from 50 | 10.2 | 36 | |||
Standard (FAVORABLE lending) | 0 - 29 | 10.2 | 24-36 | CASCO | is absent |
from 20 | 18 | 42-60 | |||
30 - 49 | 10.2 | 24-36 | |||
from 50 | 10.2 | 36 | |||
Standard (Basic conditions) | from 20 | 18 | 42-60 | CASCO | is absent |
Standard (Government program) | 0 - 29 | 10.2 | 24-36 | CASCO | is absent |
30 - 49 | 10.2 | 24-36 | |||
from 50 | 10.2 | 36 | |||
Standard (FAVORABLE lending) | 0 - 29 | 10.2 | 24-36 | CASCO | is absent |
from 20 | 18 | 42-60 | |||
30 - 49 | 10.2 | 24-36 | |||
from 50 | 10.2 | 36 | |||
Standard without CASCO (Government program) | from 30 | 10.2 | 24-36 | is absent | |
Standard without CASCO (FAVORABLE lending) | from 30 | 10.2 | 24-36 | is absent | |
Standard without CASCO (Government program) | from 30 | 10.2 | 24-36 | is absent | |
Standard without CASCO (FAVORABLE lending) | from 30 | 10.2 | 24-36 | is absent |
To apply for a loan at Rusfinance Bank under the LADA Finance program, you must:
- Be a citizen of the Russian Federation;
- Be registered in the region where the application was submitted;
- Be over 23 years old and under 65 years old (at the time of loan repayment);
- Be officially employed in the territory of the Russian Federation for at least 4 months;
- Have at least two contact numbers.
What documents do you need to have to apply for a loan:
- Russian passport (required);
- You can choose from: a foreign passport, a military ID, a driver's license, an insurance pension certificate, a TIN certificate.
Program | Down payment, % | Bank rate, % | Loan term, months | Insurance conditions | Commission |
Classic (Basic conditions) | 20 - 39 | 18 | 42-60 | CASCO | is absent |
from 40 | 17.67 | 42-60 | |||
Classic (Government program) | 20 - 39 | 11.08 | 24-36 | CASCO | is absent |
from 40 | 11 | 24-36 | |||
Classic (FAVORABLE lending) | 20 - 39 | 11.08 / 18 | 24-36 / 42-60 | CASCO | is absent |
from 40 | 11 / 17.67 | 24-36 / 42-60 | |||
Classic without CASCO (Government program) | from 30 | 11.08 | 24-36 | is absent | |
Classic without CASCO (FAVORABLE lending) | from 30 | 11.08 | 24-36 | is absent |
Russians with an average income buy cars of domestic production. Not everyone has enough money for a foreign car. Therefore, the main choice in Russia falls on the well-known AvtoVAZ. But at this plant, too, it is impossible to buy a car that is too cheap. Therefore, future car owners are looking for ways to buy a cheap car, including Lada Vesta. We will find out what AvtoVAZ shares currently exist, and how you can save money on buying a modern new car.
Family car program
The maximum benefit can be obtained under the state program, which is designed for the first and family car. This opportunity allows you to buy a Lada car, receiving a 10% discount on the total price. At the same time, a car loan is issued in a preferential form without a mandatory down payment.
You can use the programs if you have a valid driver's license, there are no other car loans for the past and current years. The condition for purchasing the first car under the program is that the car has never been owned. It is also possible to buy a "Family Car" if you have more than two children under the age of 18. In this case, the bank must present the birth certificates of children or the passport in which they are entered.
For example, if you purchase a new Lada Grant, then the benefit can be up to 83 thousand rubles. It depends on the chosen configuration of the machine. If you buy Vesta SV Cross, then the benefit is even greater, and in the maximum configuration it will be about 160 thousand rubles. For other cars, prices are comparable to those given, the more expensive, the greater the benefit. Details can be found at the dealership or AvtoVAZ showroom at the place of residence.
Lada Finance
The Lada Finance car loan program is carried out by AvtoVAZ together with partner banks. You can buy a car under the Lada Finance program at the car dealership of an official dealer in any region of Russia where there are offices of partner banks.
Benefits of the program:
- The loan rate is less than the main offers of partner banks.
- Small an initial fee.
- Convenient loan terms.
- Quick loan decision.
How Lada Finance works
To take advantage of this car loan program, you need to follow 6 simple steps:
- Choose car. Visit the official Lada dealer showroom in your region and select a car.
- Notify seller. Tell the salon consultant that you are buying a car under the Lada Finance program.
- Rate Opportunities. Contact a partner bank with a request for a loan under this program, and wait for a preliminary decision.
- Get an invoice. If the decision is positive, then you will receive an invoice for the purchase from the salon specialist, taking into account the provision of a subsidy from the AvtoVAZ plant. It is issued for a specific package.
- Transfer account to bank partner. Give the finished invoice to the loan processing specialist.
- Registration of the contract. Contact your partner bank to apply for a loan under the Lada Finance program.
Program conditions
If you carefully study the rules of this program, you can see the following. Loans are issued in the following banks:
- Sovcombank.
- Setelem Bank.
- Rusfinance Bank.
Of which the first installment zero under certain conditions only at Sovcombank. For other banks zero fee is absent. Bank interest rates for car loans from 11.5 to 16.8%. Loan terms can be selected from 6 months to 6 years.
In some cases, compulsory life insurance, a CASCO policy, or both are required. Therefore, when concluding a contract, you need to carefully read the terms and conditions. It is better for such purposes to take with you an experienced person who knows all the intricacies of car loans.
Requirements and documents
Each bank has its own requirements for the provision of documents and other conditions.
Bank | Requirements for loan applicants | Required documents |
Sovcombank | Citizenship of the Russian Federation, permanent residence permit, age 20-65 years, employment for at least 3 months | Passport of the Russian Federation, application, copy of the passport, one of the documents: passport, driving license, SNILS, TIN, military ID. Income certificate, copy of work book |
VTB | Citizenship, registration, age 21-60, work with more than a year of experience, income of more than 10 thousand rubles | The list of documents does not differ from the previous bank, only a military ID is missing |
Setelem Bank | Citizenship, registration, age 22-65 years, work experience more than 3 months | All papers are the same as those of Sovcombank |
Rusfinance Bank | Citizenship, registration, two phone numbers, more than 4 months of work experience, age 23-65 | All of the above documents are required, except income statements |
Lada in a taxi
The program provides for the expansion and renewal of the taxi fleet for new and existing Yandex Taxi partners located in Russia. It applies to almost all brands of cars manufactured by AvtoVAZ.
You can buy a car under the Lada in a Taxi program at an authorized dealer's car dealership through leasing company or by agreement. You need to choose a car, notify the seller about it, get confirmation that you are a Yandex Taxi partner. To do this, you must present the number of the service contract, as well as the CLID number. After that, it remains to draw up an agreement and receive a car at a LADA dealer showroom.
Program conditions
Buyers may be legal entities and businessmen who have registered individual entrepreneurs who are partners of Yandex Taxi. The program is valid in all regions of Russia where there is a Lada dealer. Special conditions are provided for new Lada models. The duration of this program changes periodically and may be extended. Details can be found at the dealership.
Trade-in program
Trade-in is fast and convenient way exchange a used car for a new car. To do this, you do not need to think about how to sell a car. This problem will be dealt with by the employees of the Lada car dealership. In addition, Trade-in participants will receive profitable proposition to buy a new car.
List of documents required from the buyer:
- Passport of the Russian Federation.
- Original title, in which the period of ownership of the car is more than 6 months.
- Original certificate of registration.
- A copy of the title of an old car.
- The document on the registration of the used car for the consumer.
Documents from the dealership:
- Contract of sale.
- Transfer-acceptance act.
These offers may be limited in time and number of vehicles. Details should be checked with Lada dealer employees.
Repurchase loan
AvtoVAZ offers customers the opportunity to take a car on credit with the possibility of repurchase. Favorable conditions for car loans and Buy Back repurchase - a unique offer of a Lada dealer. The program was created with the joint participation of VTB Bank, and is valid for Lada X Ray, Vesta, Grant cars. However, conditions may change, which is recommended to check with an authorized dealer.
For example, for a Lada XRay car, the terms of a car loan and the calculation can be as follows:
- The cost of the car is 609 thousand rubles.
- Loan term - 3 years.
- Down payment - 56.2%.
- Interest rate - 13.1%.
- The amount of the last payment is 40%.
- Monthly payment - 3 thousand rubles.
At the end of the program, the car owner can:
- pay the rest and take the car to yourself;
- give the car to a car dealership for half the price and buy a new car;
- extend payment terms.
Dealer Lada makes maximum use of market tools that attract customers. The average time of owning a car purchased new in Russia is 4 years. Therefore, AvtoVAZ is introducing a Buy Back system for new Lada models. The system is convenient for customers who frequently update cars and buy new models.
Lada v Leasing
This is a fast and convenient way to buy a Lada car for business, saving working capital. You can choose a convenient leasing and payment term, get a quick decision with a small package of documents. Leasing participants from a Lada dealer have the right to include accessories and insurance in payments. Legal entities and individual entrepreneurs can become participants.
Partners of Lada Leasing:
- LC Europlan.
- CONTROL leasing.
- Baltic leasing.
- Reso Leasing.
- Sberbank Leasing.
- VTB Leasing.
- Major Leasing.
You can buy a car under the Leasing program at Lada car dealerships in the regions of the Russian Federation where there are representative offices of partners. It is enough to inform the seller, wait for approval, draw up a contract and get the car.
Advantages of the Leasing program:
- Preservation of working capital.
- Optimization of income taxes.
- VAT return.
- Usage accelerated depreciation by reducing property taxes.
- The possibility of accounting for a car on the balance sheet of the Lessor or the recipient.
- Opportunity to get a car at the lowest cost at the end of the Leasing program.
EcoGas program
AvtoVAZ offers customers to use a profitable offer under the terms of the Ecogas program, which was created by the Government of Russia. It was approved by Resolution No. 667 of July 12, 2016. According to the document, the AvtoVAZ plant, which produces cars running on natural gas, is provided with subsidies. The same benefits are provided to other similar enterprises in Russia.
The Ecogas program covers the Lada Largus and Vesta models. The maximum benefit that can be obtained under the EcoGas program is 115 thousand rubles.
Other shares of AvtoVAZ
From time to time, the plant holds seasonal promotions for certain car models. For example, a discount may be provided in a certain month for XRay Cross, Lada Vesta SV Cross. Cars can be sold under the Lada Leasing program with a benefit of up to 40 thousand rubles. There are spring and autumn sales.
Credit Lada Finance is a car loan program offered directly by AVTOVAZ and implemented through cooperation with partner banks. At the same time, the conditions offered by institutions within the framework of the program are more favorable than when applying to them separately.
Features of interaction within the framework of Lada Finance
A loan under the Lada Finance program is issued at a bank, but the initial appeal takes place at a dealership.
The procedure for obtaining a loan
All interaction takes place in the following stages:
- Contact the Lada salon in your place of residence.
- Inform the employee about the desire to use the Lada Finance program.
- Leave an application addressed to the partner bank to obtain a preliminary decision on the loan program.
- Having received prior consent from the lender, the salon employee generates an invoice for the selected car.
- The account must be transferred to the bank manager, who will draw up an agreement as part of the interaction under the Lada Finance program.
- Sign an agreement.
- Pay the first part of the loan (installation).
- Pick up the selected car in the salon.
- Make payments according to the established schedule.
Documents for obtaining a loan
The mandatory list of documents in order to use the Lada Finance program and receive lada on credit differs in each institution according to domestic politics. The common ones are:
- Passport;
- Additional certificate or other document (driver's license, pension certificate, TIN, international passport).
- Personal income tax-2 or a free-form document confirming income.
- Labor book.
Without providing the last two documents, it is proposed to use the program Rusfinance Bank, UralSib, Metcombank (the Passport Only project), VTB 24 (except for the AvtoStandard project).
Conditions and offers of banks
Considering the terms of the loan under the Lada Finance program, you can pay attention to the variety of programs for each financial institution, which are different in the main indicators.
VTB 24 program
The rate is 11.57-19.9%. Up to 36-60 months, first payment 20-30%. For more than half of the programs, it is mandatory to have a CASCO policy, some also imply life support
Rusfinance bank program
10.5-20%. Up to 36-60 months, first payment 20-50%. Mandatory presence of CASCO, and for a number of programs - life insurance.
Cetelem program
9.9-21%. First payment 20-30%. CASCO and life security is a prerequisite for a number of programs.
Metcombank program
9.17-20.7%. Up to 36-72 months, first payment 0-40%. CASCO is a must. Several programs provide for the purchase of a life policy.
UniCredit bank program
8.5-22.5%. Up to 36-60 months, first payment 15-20%. Some programs offer the provision of CASCO or life policies.
UralSib program
11-18.5%. Up to 36-60 months, first payment 20-50%. Mandatory presence of CASCO.
Credit calculator
To pre-calculate a Lada Finance loan, you should visit the site and choose the model you like. Credit calculator will provide information from each institution regarding the monthly payment. For each, you can view a list of required documents.
Some banks offer to submit an online application. It usually contains personal data, loan preferences and contacts. Such an appeal will allow you to get a preliminary answer, after which you can contact the Lada dealership directly.
findings
Thus, the Lada Finance loan program allows you to get a loan for an AVTOVAZ car on more favorable terms than under car loan programs of large institutions with the ability to choose a lender and optimal conditions.
Today, car loans are issued at least as often as consumer loans and mortgages. PJSC AvtoVAZ, trying to attract more customers and pay attention to its product, launched a loyalty program for everyone who wants to buy LADA cars on credit.
What is the benefit of AvtoVAZ's LADA Finance offer, and what conditions for car loans does the domestic automaker offer, we will describe in detail in our article. Perhaps the purchase of a domestic car is not such a bad idea, and thanks to LADA Finance, it also becomes financially profitable.
The program and its goals
LADA Finance is a lending program launched by AvtoVAZ together with partner banks in order to increase consumer demand for domestically produced cars. It's no secret that a used foreign car sometimes turns out to be much safer and more reliable.
However, the new LADA models are notable for their convenience and quality, which was far from perfect before. Of course, the price of products has also increased, which scared away many motorists. In order to attract customers, AvtoVAZ has developed a car loan offer that can satisfy everyone with its accessibility and ease of registration.
Partner banks offer profitable terms issuance of a loan for the purchase of LADA cars. However, loan terms interest rate and a list of documents required for registration, each of them has its own. Let's take a look at the most popular offer in the largest partner of AvtoVAZ.
"VTB 24"
The VTB Group of Companies unites under its wing a lot of different-oriented companies. VTB 24 Bank is far from new to the market financial services and is the main competitor of Sberbank. Why AvtoVAZ chose to cooperate with this "giant" can only be guessed, but the conditions that VTB 24 provides to everyone who wants to use the LADA Finance program can be considered the most transparent.
Terms of car loans LADA Finance in "VTB 24"
The interest rate under the LADA Finance program depends on the amount of the down payment that the client wishes to make when applying for a car loan at VTB 24. So:
- With an initial payment of 10% to 29%, the following loan rates are available:
- 8.9% - taking into account state support and CASCO insurance, issued in a partner insurance company;
- 10% - for new cars that fall under state subsidies;
- 15.6% - without a subsidy, when applying for CASCO in a partner insurance company;
- 16.7% - under standard offers, without subsidies and CASCO;
- With a contribution from 30% to 39%:
- 6.9% - state support + insurance from a partner;
- 10% - new cars + subsidy;
- 13.6% - when registering CASCO with a partner;
- 16.7% - standard;
- With a contribution of 40%:
- 7.9% - state support + insurance;
- 10% - new cars + subsidy;
- 14.6% - for partner CASCO;
- 16.7% - standard.
The loan amount also varies.
- With a contribution of 30% or more, customers will have access to a loan from 300,000 rubles to 1,000,000 rubles;
- In other cases, a loan from 100,000 rubles to 1,000,000 is available to customers.
Documents for obtaining a car loan under the LADA Finance program at VTB 24:
- Passport;
- The second identity document, which can be:
- International passport;
- SNILS;
- Driver's license;
- To participate in the Autofinance program, you will also have to provide a copy of the work book and a certificate of income.
When applying for a car loan under the LADA Finance program in other banks, the package of documents can be supplemented with a 2-NDFL certificate and a certificate of income in the form of a bank. The more documents you submit, the more favorable the conditions will be.
The loan term offered by LADA Finance at VTB 24 is up to 3 years.
Since VTB 24 is a bank that receives state subsidies, the offer in it is the most profitable. Of course, there are other partner banks where the LADA Finance loan offer is valid.
"Rusfinance Bank"
When buying LADA, whose cost varies within 800,000 rubles, interest rate will vary from 15% to 19.5%. Registration is carried out according to two documents, for persons from 23 years old, with an experience of 4 months. Thanks to preferential conditions for car loans, it is possible to reduce the rate to 9.5% per annum, when applying for CASCO in a partner insurance company.
A car loan from Rusfinance Bank can also include additional equipment, seasonal tires, sound equipment and other components. The loan amount starts from 50,000 rubles, and the upper limit on the cost of a car will be 1,450,000 rubles.
"Setelem"
Bank "Cetelem" offers everyone to participate in the LADA Finance program, on the following terms:
- You can apply for a loan directly at the AvtoVAZ car dealership;
- An initial payment of 0% makes the offer the most attractive;
- The rate starts from 7% per annum;
- The possibility of obtaining a loan on a minimum set of documents, for example: passport and visa;
- Loan term - up to 3 years;
- Loan amount - up to 900,000 rubles;
- Possibility early repayment without fines and penalties;
- Possibility to include cost additional services in the loan package.
Of course, these are the most favorable conditions that only trustworthy client. However, the possibility of registration according to 2 documents and registration on the spot make this offer the most attractive for those for whom buying a car is a priority and urgent task.
Sovcombank
Sovcombank offers the following conditions for everyone who wants to purchase LADA cars under the LADA Finance program:
- The loan amount under the program varies from 90,000 to 1,450,000 rubles;
- Opportunity to purchase a car without a down payment;
- Possibility of obtaining a loan in one document;
- Loan term up to 3 years;
- Possibility of early repayment without overpayment;
- The interest rate on the loan is 6.75% for an initial payment of 40%, and 7.75% for a loan with an initial payment of 0 to 39% of the cost of the car.
In Sovcombank, the lender will need to confirm his employment, and work experience of at least 4 months at the last place of work. Although there are advantages in obtaining a car loan under the AvtoVAZ LADA Finance program, the age of candidates for lending starts from 20 years old and should not exceed 85 years.
Conclusion
As you can see, the LADA Finance program covers a wide range of consumers due to the variety of offers from different partners. If you do not have the opportunity to get a loan with a down payment, banks will meet you halfway. For everyone who wants to buy a car from the AvtoVAZ concern, LADA Finance is a real opportunity to make a purchase today.
It is worth noting that such offers from automakers are far from rare. Similar programs were launched by Hyundai and Nissan, and received only positive feedback. Participation in LADA Finance will provide you with a minimum overpayment, affordable conditions and preferential offers, thanks to subsidies from the state budget.
In order to decide on a bank-lender, you should familiarize yourself with all the offers, you should study the market more carefully. If you do not have the time and desire to fill your head with interest rates and overpayments, it is better to help you choose the most suitable and affordable offer that you can afford.
In the article, we talked about theoretical issues related to the special lending program "Lada Finance", now it's time to talk about purely practical issues.
Since each of the 7 banks offers special lending conditions, we will devote more extensive material to their comparison in the future. Today we’ll talk about the basic requirements and conditions, as well as the stages of obtaining a Lada Finance car loan.
In which banks to get a loan?
As we mentioned above, 7 Russian banks currently operate under the Lada Finance program. Lending conditions are not universal - each bank offers special discounts and benefits, which must be considered before deciding which bank to lend to. In addition, the requirements for the borrower in each credit institution different from others. We offer a list of banks and basic parameters credit programs to help you choose.
- Bank Uralsib- one of the largest banks in Russia - from the very beginning it has been working under the Lada Finance program. All Lada models participate in the program, the final lending conditions depend on the chosen model, the size of the down payment (the minimum is 15%). CASCO insurance is mandatory, there are no commissions for issuance. Interest rate - from 7.5 to 17.25%, loan term from 12 to 60 months. Requirements for the borrower: permanent registration in the region of presence, experience at the last place of work from 6 months, age 25-60 years, availability of a landline phone. The loan is issued according to 2 documents: a passport and any other to choose from.
- VTB 24 offers loans for all Lada models at interest rates from 8 to 23% (the last rate is for an express loan without CASCO). Loan term 12-60 months, down payment from 15%, no commission. Requirements for the borrower: age 21-60 years, work experience 1 year, in last place - 3 months; registration in the region of consideration, income per family member of at least 8 thousand rubles, absence of children under 6 months (for women). To apply for a loan, you will need a passport and a second document, according to the standard program - a certificate of income and a copy of the work book.
- Rusfinancebank offers loans for a period of 12-60 months with life insurance and CASCO (rates from 8%) and without compulsory insurance (from 10%). The maximum rate is 19%, down payment from 15%. To apply for a loan, you will need a passport and a second document of your choice. Requirements for the borrower: age 23-65, two contact numbers, 4 months of experience at the last place of work, permanent registration in the region of presence.
- Credit Europe Bank issues loans for a period of 12-60 months from compulsory insurance CASCO. The minimum down payment is 10%, but the interest rate is quite high - taking into account the discount, it is 13-23%. The list of documents is also quite extensive: passport, driver's license (in the absence of a close relative and additional document to choose from), a copy of the work book, a certificate of income. Requirements for the borrower: permanent registration in the region of presence, age 21-65 years, total experience 1 year, in last place - 4 months.
- Rosbank offers loans at rates from 9.5 to 17.5% with mandatory CASCO. Minimum deposit— from 10%; in addition, it is proposed special program without a down payment at 17.5% per annum (the discount does not apply in this case). Loan term from 6 to 60 months. To apply for a loan, you will need a passport, a second document of your choice, a certificate of income, and for loans from 600 thousand rubles - a copy of the work book. Requirements for the borrower: permanent registration in the region of presence and permanent / temporary registration in the region of registration, age 22-65 years, work experience in the last place - 3 months.
- iMoneyBank offers, perhaps, the most favorable lending conditions: terms from 12 to 84 months, a rate of 7-14% without mandatory CASCO. The minimum down payment is 15%. To apply for a loan, the borrower will only need a passport. Requirements for the borrower: age 21-752 years, experience - from 1 month, registration in the region of presence. Loans are also given non-working pensioners.
- Bank Setelem offers loans for a period of 12-60 months with mandatory registration of CASCO. The minimum down payment is 15%, the loan rate is 8.5-17.5%, taking into account the discount. To apply, you will need a passport, a second document of your choice, a copy of the work book and a certificate of income. Requirements for the borrower: 22-65 years old, experience in the last place for 3 months, registration in the region of presence.
As we can see, the conditions of each bank can be called quite attractive: upon presentation of a minimum set of documents, you can quickly apply for a loan under low interest. The final choice, of course, depends on the individual needs of the borrower, the region of residence and loan processing, etc. Below we offer brief instructions on registration of a car loan under the program "Lada Finance".
All the way through the steps: we get a loan under the program "Lada Finance"
To buy a brand new Lada car on credit and not pay too much, you need to go through just a few steps.
- Determine which banks from the list operate in your city (or region), as well as the address of the nearest official Avtovaz showroom.
- Determine which bank's loan program meets all your requirements (restrictions on age, loan term, interest rate, other conditions).
- Contact an official AvtoVAZ dealer and select a car.
- Tell the car dealership employee about your desire to apply for a loan under the Lada Finance program.
- Get a preliminary positive decision from the creditor bank.
- Contact the dealership for a final invoice for the purchase (including factory discounts).
- Draw up a loan agreement on the basis of the invoice.
- Draw up an insurance contract, pay for the policy.
- Make a down payment and get your car!
And, of course, do not forget that in a month you will need to make the first installment on the loan. Remember: the entire duration loan agreement your car is pledged to the bank, and in case of late repayment of the debt, the bank has the right to seize it and sell it.
As you can conclude, the terms of the loan program "Lada Finance" are very attractive and simple. Since the requirements for borrowers are also very loyal, almost any of our readers can become the owner of a new car, while the overpayment on the loan will be minimal. In one of the following articles, we will conduct a comparative analysis of all 7 loan programs using practical examples and find out which loans can be considered the most attractive.