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Wednesday 28.06.2017 | Name days: Kitija, Viesturs, Viestards
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SEB Leasing: men named Janis prefer Audi and Volvo and women named Liga prefer Honda and Toyota

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RULast year, the most popular car brands among men named Janis were Audi and Volvo. Women named Liga, on the other hand, prefer Honda and Toyota. This tendency is shown by information from SEB Leasing, which had provided funding for car purchases to 47 men named Janis and 9 women named Liga in 2015.

Thanks to the funding provided by SEB leasing, worth EUR 12 million, new cars were bought by approximately 1,150 private clients. Compared with 2014, it means a 69% increase in the number of deals and a 71% increase in the volume of provided funding.

«Growing demand on cars can be explained with general improvement of residents’ mood. Unemployment continues to decline, income continues to grow, inflation is minimal – all of these factors let residents feel safer and more confident about the future. And although a car is not an item of first necessity, we currently see growth in demand, especially in the segment of used cars. Last year, we provided private clients with funding worth EUR 6.6 million, which is 78% more in comparison with the year before.

For every one new car, five used ones are bought. Last year, however, this proportion changed to 1:4. Demand for new cars is on a rise – the number of deals in this segment had increased by 41% in 2015. The volume of allocated funding for this purpose had increased by 46% – to EUR 5.6 million. What is interesting is that general trends are reflected in deals with men named Janis and women named Liga: 10 out of 47 new cars bought by men named Janis were new,» – says SEB Leasing manager Nellija Kocanova.

Considering the growing demand for new cars, the average age of cars from SEB Leasing portfolio continues to decline – the average age of cars financed last year was two years.

The TOP 5 most popular car brands in Latvia include Volkswagen, Toyota, Volvo, Nissan and BMW, according to information from SEB Leasing. Residents named Janis mostly prefer cars like Audi and Volvo, as well as Honda, Subaru, Opel and Volkswagen. The average age of cars preferred by men named Janis is five years. Women named Liga prefer Honda and Toyota cars.

Ref: 103.109.109.6782


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