Isara Wongrung has commented that the rate of hire-purchase NPLs this year would be higher than the 1.32 per cent recorded at the end of September. Overall vehicle sales totalled 1.4 million last year, of which 1.2 million were under the first-car-buyer scheme. Auto sales are predicted to fall to 1.34 million units from last year's 1.44 million.
The clearest example to date of pure economics in action comes from an Illinois dealer who's offering a two-year lease of the Mitsubishi i-MiEV electric sedan for $69 a month before taxes. O'Brien has advertised a $69 a month, two-year lease of an i-MiEV before about $2,100 in fees, or a $169-a-month deal with the fees rolled in.