Jul 12 2024, 11:29 AM
QUOTE(Icehart @ Jul 12 2024, 09:13 AM)
No.
Traditionally bank loan is 90% of car price.
But full loan these days are done via markup on their invoice. With the implementation of e-invoicing, this cannot be done anymore. Hence full loan will not be possible for new cars.
Used cars and recon still possible.
Used car and recond still possible? If that is true, then used car and recond car business will grow faster than before.Traditionally bank loan is 90% of car price.
But full loan these days are done via markup on their invoice. With the implementation of e-invoicing, this cannot be done anymore. Hence full loan will not be possible for new cars.
Used cars and recon still possible.
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