Used-car lenders treading carefully | Bangkok Post: auto

Auto >

Used-car lenders treading carefully

- +

Auto lenders are taking prudent steps after a sharp fall in used-car prices that accompanied the state's first-time car buyer scheme. 

              Used car park at a garage in Bangkok. (File photo)

Tisco Bank has adjusted its appraisal prices for used cars to reflect current market prices as part of a stringent risk management regime. The lower appraisal prices could lead to a decline in loan amounts.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

3 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments