Car ownership aspirations in India are driving a surge in auto loans, extending beyond metros to smaller cities. Major carmakers expect finance penetration to rise significantly by 2024. Traditional financing dominates, while leasing and subscription models struggle. The trend is more pronounced in tier II and III cities, with consumers opting for longer-tenure loans to afford higher car prices. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
