May 25, 2022

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Installments for new cars by 24 percent.  higher than the previous year

Installments for new cars by 24 percent. higher than the previous year

According to Carsmile, the monthly subscription is the metric that best shows the actual cost of using the cars offered in the market at a given moment, and thus the observed inflation in the automotive sector.

As noted by the platform’s vice president, Michao Netter, When car catalog prices go up, interest rates go up, dealer discounts disappear, insurance and vehicle service become more expensive, the rent shown in ads also increases. “This applies to new contracts, because already serviced contracts are sporadically indexed ”- he explained.

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