Will the price of cars increase in 2010 or will they stay the same? Will the interest rates increase in 2010 or will they remain the same?
Good Questions. The facts are that we do not know. Prices generally do go up over time and that is the same for interest rates especially after the GFC. We have seen car loan interest rates at their very lowest over the last couple of years however Car Loans are following the trend to move upwards. Unlike some bank Loans, Loans through Esanda and GE have fixed interest rates , so that stops the pain of payments going up when the rates go up. That is why you should use a finance broker or a loan broker.
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Car manufacturers have changed over the years although these remain -