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Credit motorcycle dealers heart pain
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Credit motorcycle dealers heart pain
Credit, is a unique motorcycle sales phenomenon, which is different from automobile consumption loans (loans from time to time in the insurance companies, bonding companies, banks and marketing companies share the risks and relevant detailed contracts, and supervise the implementation of sound institutions to ensure that fail-safe). Motorcycle credit limited to vendors and the agreement between the car and sometimes just after a simple procedure (no guarantor or, worse, only a verbal agreement), there is no formal sector bodies monitoring the implementation relies entirely on the man’s own car loyalty as a guarantee may be time to perform credit is very long, basically for 1 - 2 years (I learned in the market actually reached the longest three years of the current time).
Why credit
Credit is the second motorcycle industry that year ‘price war’ after another sweeping the country, an area of a wide range of phenomena, is currently in Inner Mongolia, Gansu, Xinjiang, Shanxi, Sichuan, northeast provinces and other markets become common practice. Zhuozi County in Inner Mongolia, there is a large-scale in the local store of a certain brand, less than 30000 people town where a single brand can reach more than 300 vehicles. Dealers sell the morning two cars, holding less than a thousand cars a resigned look ‘car is sold, but the money? ‘. The dealer told the author that Do not look at each car sold a lot of credit to 90 percent are themselves on the outside as much as the amount owed for several million.
In the north some of the rural market has emerged in recent years, a trade-in sales methods, those unknown brand name of the small ones who enjoy the banner of consumers, high-priced acquisition of customers used motorcycles (vehicles sold to customers in the car deductions). Close to the motorcycle, or as a second-hand cars sold, or disposed of as waste (business is still lucrative). This case, the origi
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