In spite of the increase in the interest rate on auto loan, the discount rates allowed it to be not felt by the borrowers. The increase has almost doubled in the last nine months of the year. The prevailing tight Cash flow in the market do not favor the dealers.
Market readers find it tough to predict the reaction of public due to the increase in the auto loan ratesFebruary 2, 2006
Enjoy the comfort of a car with an added cost of interest
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