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by dizhn
942 days ago
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Like unsupp0rted said, access to credit is severely limited. One example. For new car loans, for the price bracket most normal cars are in (800,000 to 1,200,000 try.these are your < 1.6lt commuters) you can get a loan for 30% of the value of the car and the term is 24 months max. For the next bracket it's 20%. The next bracket is over 2,000,000 try and 0% which is basically all cars with an engine larger than 1.6lt and some that aren't. (Excepting electrics I think). I am no math guru but that 0% of the value of the car is probably another word for no loan at all. :) |
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