Sverdlovsk Region: Only 20% of Families Can Buy Cheap Car on Credit
13 October 2016 (13:54)
UrBC, Moscow, October 13, 2016. Only 20% of Sverdlovsk Region-based families can afford to buy a car that costs 470,000 RUR on credit, RIA Rating reports.
Also, only 5.6% of the agency’s research subjects can afford to buy a car that costs 1.2m RUR on credit. A car that costs 5m RUR is only affordable for 0.5% of Ural families.
As for the country on the whole, over a third of households based in seven different constituencies can afford to buy and operate a new car that costs 470,000 RUR, while an average family can afford to buy a used car, at least. The share of such families is as high as 56.3% in Yamalo-Nenetsky Autonomous Region, 441.2% in Khanty-Mansiysky Autonomous Region/Yugra, 40.4% in Nenetsky Autonomous Region, and 39.3% in Chukotsky Autonomous Region.
In twenty different Russian federal constituencies, under 10% of families can afford to buy and operate a new car that costs 470,000 RUR. Apparently, people living in the country’s less prosperous locations must make do with used cars and spend very little money on maintenance.
Also, only 5.6% of the agency’s research subjects can afford to buy a car that costs 1.2m RUR on credit. A car that costs 5m RUR is only affordable for 0.5% of Ural families.
As for the country on the whole, over a third of households based in seven different constituencies can afford to buy and operate a new car that costs 470,000 RUR, while an average family can afford to buy a used car, at least. The share of such families is as high as 56.3% in Yamalo-Nenetsky Autonomous Region, 441.2% in Khanty-Mansiysky Autonomous Region/Yugra, 40.4% in Nenetsky Autonomous Region, and 39.3% in Chukotsky Autonomous Region.
In twenty different Russian federal constituencies, under 10% of families can afford to buy and operate a new car that costs 470,000 RUR. Apparently, people living in the country’s less prosperous locations must make do with used cars and spend very little money on maintenance.
Embed to Blog | Subscribe to Newsletter |
Other materials on the topic::
- Sverdlovsk Region: Under 40% of Locals Can Afford Mortgage
- Sverdlovsk Region Not Among Russia’s Top 30 Middle Class Constituencies
- Sverdlovsk Region Is Russia’s 46th Most Affordable Mortgage Market
- Sverdlovsk Region proves Russia’s 29th best place to get a mortgage
- Sverdlovsk Region proves Russia’s 27th richest constituency