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Car Finance

By Boomer54
3 hours ago in Lexus General Discussions

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Boomer54

Posted 3 hours ago

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Posted 3 hours ago

The court decision against the lenders for car finance has probably hammered yet another nail into the coffin that is known has EV. If the latest news from Car manuafcturers in the form of VW was not enough bad news for the Industry then a redrawing of the lines on lending ought to be a fair warning to Govt that their plans for an EV transition are in danger of falling off a cliff. It should be clear to all that a barrage of financial claims ends up in cost terms in just one place eventually and that is with the users of finance. The lenders are merely the conduit by which that additional cost gets passed along. If that looks like being you then you should be seeing it coming.

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