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China: Most Buyers Pay Cash, for Now
Cadillac dealer in China
When it comes to paying for a new car, buyers in China couldn't be more different than their counterparts in the United States.
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Cadillac dealer in China
When it comes to paying for a new car, buyers in China couldn't be more different than their counterparts in the United States. In China, just 20% of new-car buyers finance their purchases. But, there's profit in auto financing, so look for the practice to grow in China. (Forbes)
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