Who says interest rates have gone through the roof? Ask to see the most recent ads and stop shoring. See for yourself: Hyundai has launched a promotional scheme 5.99% interest rate for some time, India has a scheme Nissan auto loan with an interest rate of 5.98% from today. The rates may seem incredible at a time when banks are trading at anywhere between 11% and 13% in auto loans.
Source: http://indiancarz.com/YaBB.pl?num=1316788900
Source: http://indiancarz.com/YaBB.pl?num=1316788900
But do not worry, they are real. These standards reduce equilibrium systems and cheaper, because the manufacturer is subsidizing loans to give additional discount, but indirectly in terms of lower interest rates, experts say. "Generally, the automakers to collaborate with financial institutions to get a personalized offer one or all of the cars they have in the portfolio. Both the car manufacturer and the finance company to go the extra mile to make the business round.
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