Background Paper 3: Some Features of Car Financing in Australia
equivalent of around 2.0% of nominal GDP, similar to its share in 2007. e) Over the past 10 years there has been an increase in financing for new motor vehicles and a decrease in financing for used motor vehicles. f) Profit margins for car dealers rely not only on car sales, but on ancillary services, including the sale of finance and insurance. ................
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