Since March 2018, the Russian market of agricultural machinery will receive a new kind of state support - guaranteeing the residual value of agricultural machinery. The measure is provided by the passport of the priority project 'International Cooperation and Export in Industry' and is aimed at increasing demand and the formation of the secondary market of agricultural machinery, said the head of the Ministry of Industry and Trade Denis Manturov.
We are talking about supplies for leasing companies, when the distributor gives guarantees to leasing companies (when delivering equipment) that in a few years he will buy products at a certain price. This will reduce the risks of the leasing company, and hence the cost of equipment purchased for leasing for its buyer. Factories under this mechanism will provide a discount to the dealer, which will then be compensated by the Russian Export Center.
Source: agro.ru.