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IBB Report 2022: Used Car Financing Becomes Increasingly Popular, But 70% Buyers Still Want To Pay Cash
Seshan Vijayraghvan
Sep 13, 2022, 10:14 PM
In FY2021-22 around 70 per cent of used cars purchase transactions happened using personal financing, while 30 per cent buyers took a used car loan. Whereas in FY2020-21, only 13 per cent buyers opted for a loan.
2 Min