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Old July 4th, 2017, 02:18 PM   #1
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Putin the socialist

Disclaimer. I only have a link to the original page in Russian. If you use Google translate, it does a pretty good job.

The program is called "first car" and "Family Car". Within each of them, you can buy a new car with 10% discount. And the discounts can add up with each other and with other support measures car buyers. Tass said, who can qualify for state aid and which machines can be bought at discounted prices.
Подробнее на ТАСС:

Basically, the Russian government will now give you 10% discount of the cost of a car as long as it's under the equivalent of about $24,000 if you have never owned a car before, plus if you are married and have two or more kids there is a 10% discount too. So if you fit both criteria your car is 20% off. The car must be Russian made or assembled. There is a large Toyota plant in Russia.

My guess is that this is a stimulus program or maybe just buying votes.
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Last edited by RNG; July 4th, 2017 at 02:21 PM.
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Old July 4th, 2017, 06:17 PM   #2
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I'm guessing the Russian economy is in deep do-do.
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Old July 4th, 2017, 10:01 PM   #3
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Originally Posted by caconservative View Post
I'm guessing the Russian economy is in deep do-do.
Sanctions plus low-priced oil have been devastating.
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Old July 8th, 2017, 07:46 AM   #4
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Russia's economy is bankrutt. Perhaps 2 trillion's down from Germany's debt.
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