Industry and Trade Ministry to temporarily increase discount for preferential leasing of LCVs in Russia from 10% to 20% until Oct
MOSCOW. Sept 2 (Interfax) - The discount on light commercial vehicles (LCVs) under the preferential leasing program will be temporarily increased from 10% (but not more than 500,000 rubles) to 20% (but not more than 1 million rubles), the Industry and Trade Ministry's press service said.
The fine-tuning of the state-supported demand leasing program is being carried out on the instructions of First Deputy Prime Minister Denis Manturov "as one of the anti-crisis measures aimed at maintaining the pace of renewal of light commercial vehicle fleets," the press service said.
"The validity period of the new parameters is limited. The new discount will only apply to leasing contracts concluded between September 8 and October 1, 2025," the ministry said.
In addition, until the end of the current year, LCVs manufactured last year will be able to participate in the preferential leasing program. In other segments, a vehicle will be admitted to the program if it was manufactured on October 1, 2024, or later.
The Industry and Trade Ministry recalled that to stimulate the market a decision was also made in the spring of this year to increase the discount on public transport under the leasing program from 10% to 40%.
The preferential auto leasing program this year applies to passenger cars, light commercial and cargo vehicles with an internal combustion engine that score at least 2,000 localization points, as well as to public transport, tourist buses, electric vehicles, series hybrids, and highly automated Russian-made vehicles.
The total amount of budget fund limits for subsidizing discounts under the preferential auto leasing program in Russia in 2025 was set at 27 billion rubles.
As the Industry and Trade Ministry previously reported, citing EPTS electronic vehicle title system registration data, sales of new light commercial vehicles in Russia decreased 19% in January-July 2025 to 58,000 units.
