Tag Archives: outselling

Value picks: Used car financing is now outselling new car loans

With many more consumers opting to buy second-hand cars, given how prices of new cars have shot up, banks are now focusing more on used car financing. Indeed, at a time when the demand for new car loans has flagged, credit for used cars is growing at perky 15-18%, according to bankers. CarDekho.com puts the pace of growth at an ... Read More »