Some Features ofCar Financing in Australia - Royal Commission

Car loans make up a very small proportion of new finance commitments, making up 4.2% of total new finance commitments in calendar year 2017, an increase from 2.7% in calendar year 2007. Ibid. In 2017, motor vehicle finance commitments made up around one-fifth (22%) of new personal (consumer) finance commitments, but only 3% of commercial finance commitments. ................
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