Monday, November 9, 2009

Auto loans: if the car you are not a luxury.

How to buy a car if the money to buy lacking, but credit is too expensive? Buy a car today can be due to zero credit or buying a Autogroup. However, such loans can be quite dangerous to your wallet. On the possibilities of such lending recognized "Prostobank Consulting. Buying a car - a very interesting topic, and many banks and nonbank organizations can boast "the best" conditions to help you realize the dream. Despite the decline in sales and production of world auto brand in the market still offer credit programs. And what is most interesting, along with auto loans at 25-30% per annum, there were also zero loans (loans with 0% APR). If you look at the section of the credit market, it becomes evident the need for its revival. Sales declined sharply, car dealers do not just sell old stocks, but also severely reduced the volume of purchases of new cars from abroad. All these negative factors are directly related to the catastrophic decline in purchasing power and reduced demand for goods is not essential. Coupled with inflation and a corresponding increase in prices - purchase of this size is just a "mirage" for those who dream about cars. To revive the market in car sales, manufacturers are beginning to "jazz up" its dealers and create a program targeted funding loans on their products.

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