More than 80% of car sales are financed with lease or loan agreements. Now researchers are returning to take a closer look at what happened with one particular group of markets, short-term credit markets. More than 80% of car sales are financed with lease or loan agreements. From 2008 to 2009, total car sales fell from 8 million to 6.5 million. In counties where pre-crisis sales were most dependent on captive lending, sales fell sharply.

Source: Mint December 04, 2016 14:39 UTC