The quotas, & # 39; some cases have doubled and many savers do not know how to deal with the situation in a short time
B & # 39; consistency with the drop in car sales 0 km, different types of & # 39; also alternative financial collapse, especially plans & # 39; savings, the classic Argentinean looking to buy their first new model or make their exchange.
According to official data & # 39; ACARA, the entity that collects the dealers & # 39; country, sales & # 39; through financing vehicles fell 45% in & # 39; country.
21 362 units purchased in installments, 44.6% of the total monthly patents.
F & # 39; that the universe, the most chosen by the Argentine selection is the & # 39; savings plan, which collapsed last month & # 39; 54.3%, according to data from the Association & # 39; Dealers (ACARA).
In the first ten months of 2018, 734 767 new cars sold in the country. 50.7% purchased in cash, corresponding to 48.2% & # 39; clothing (including the majority of the plans are carried) and the remaining 1.1% & # 39; through leasing.
The annual accumulated funded cars, meanwhile, totaled 350 106 units.
Among clothes, 53% corresponds to the terminals & # 39; car savings. These are the plans & # 39; savings, to adjust their quota as the price of the car increases.
In the sector argue that the decline is mainly due to the increase in prices & # 39; 0 km and an increase in the interest rate.
It is the fifth consecutive month that total fund sales show negative numbers.
Within installment options, the case of & # 39; savings plans is more complex: it is the seventh & # 39; consecutive months in & # 39; October after September (-50.9%), August (-39.9%), 28.4%), June (-26.7%), May (-14%) and April (-2.9%).
In 2018, the five brands with the highest participation in & # 39; savings plans were Fiat, with 22.1%; Volkswagen, with 18.3%; Renault, b & # 39; 16.2%; Chevrolet, and Ford with 15.1%, with 12.5%.
F & # 39; October, 48 330 units were patents and was the fifth consecutive month has been declining, with a reduction of & # 39; 38.5% year on year.
Beyond reducing the use of & # 39; of & # 39 plans; savings, it is estimated that one in four & # 39; plans is overdue.
According to sector analysts, the plans & # 39; savings have become a nightmare for customers this year made the decision to use these instruments to reach 0 km.
Between May and November, rates & # 39; monthly undergone two powerful adjustments, as a result of the start of the car price after the devaluation. This generated that, in a matter of & # 39; months, the value of payment & # 39; practically doubled each month.
In the sector there is concern because it is estimated that over 25% of the plans present some degree of & # 39; default.
Among buyers, meanwhile, there is a strong discomfort for at & # 39; blow adjustments found higher than expected. Therefore, f & # 39; many cases, subscribers are reformulating how to move & # 39; forward, while others are pushed & # 39; off line.
According to experts in the sector, the most serious situation is experienced by people who are already advanced in the system and do not want to lose everything paid.
On the other side of the bank, those customers who have just started to pay and go to both fee or three, leaving directly from the system because they know it would be impossible to sustain over time, and prefer to lose one little pay until the moment end in a few months with & # 39; increased debt.
The increases took place almost double payments.
While a small car parameter – which are the best sellers through plans & # 39; savings – such as income range Citroën C3, it went from $ 354,000 to $ 528000 between May and November; Kwid in the Renault case, increases ranged from $ 251,000 to $ 410,000, ie more than 60 percent.