Retail chains have suspended the sale of equipment in installments

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Retail chains have suspended the sale of equipment in installments
Retail chains have suspended the sale of equipment in installments
21 March, 12:52EconomyPhoto: Фото: 1MI
Electronics stores have suspended the sale of equipment in installments and on credit against the backdrop of an increase in the key rate, instability in the exchange rate and rising prices for equipment.

This is reported by Izvestia with reference to representatives of retail chains.

In particular, it is no longer possible to buy equipment in installments in the re:Store, M.Video and Eldorado networks. Previously, by offering installment sales, chains assumed interest on this short-term loan. However, after increasing the key rate to 20%, as well as rising prices for electronics, such promotional offers became overhead for chains. Refusal of installment plans is one of the ways to keep prices down, the sellers explained.

Recall that, according to Rosstat, prices for smartphones for the week from March 5 to March 11 increased by another 6.5%. The rise in prices for electronics is observed for the third week in a row. Some Samsung models have already grown in price by 42% in three weeks, smartphones Apple - by 34%, and Xiaomi - by 24%.

Rospotrebnadzor notes that electronics sellers are not required to provide such a service as selling equipment in installments or on credit.

At the same time, retail chains themselves do not exclude that the installment mechanism can be returned after the key rate becomes lower.

So far, the number of those wishing to take equipment on credit has dropped significantly, the networks note. This will also affect the sales of equipment in the short term, as the opportunity to purchase equipment in installments increased impulsive sales. Installments previously accounted for up to a third of purchases. Now the market is experiencing a rush demand. People tend to buy equipment before the price of it rises even more.

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