Home New down payment law dents car sales
 

Keywords :   


New down payment law dents car sales

2015-02-18 02:48:32| Auto Dealers - Topix.net

BEIRUT: The minimum 25 percent down payment imposed by the Central Bank on car loans caused a 6 percent decline in the total number of registered new and used vehicles during January 2015 compared to the same month in 2014, a statement issued by the association of car importers in Lebanon said. "The total number of registered new and imported used cars during January 2015 dropped by 19 percent in comparison with December 2014, 6 percent compared with January 2014 and 8 percent compared with January 2012 and 2013," it said.

Tags: sales car law payment

Category:Automotive

Latest from this category

All news

»
24.115 2 PG
24.11215103TW 17svtw
24.11 Switch light
24.11Dr.SLUMP 19
24.11layover LP
24.11PING i230 6W 5
24.11BTS CD
24.11HG 56
More »