Mot Yowser’s Car Credit – Car LoansOn October 5, 2019 by admin
Mobility and freedom, these are the notions that the French put first and massively ahead when asked about what represents the automobile for them.
Today, the car has become indispensable whether it is to go to work, to drop the children at school or to shop at the supermarket.
In the city, we can do without a fixed vehicle by going less far, for the commuters it is already much more difficult and it is absolutely impossible for the rural people who are completely isolated and totally dependent on the car for their essential displacements first and foremost, commuting to and from work.
Only 3% of French never use the car, 97% of French are motorists. 90% use their car every week and 60% every day or so. 93% say they like their car, of which 55% “a lot” and 80% say it is essential. 87% of French households own a motor vehicle, 41% of which own two or more.
The car multiplies the number and diversity of daily activities while significantly reducing the time lost on the move.
It allows women to combine work and family life by allowing them, for example, to drop children in school on the way to work. Since the 1960s, the proportion of women in paid employment has been steadily increasing. Today 80% of women aged 25 to 49 work and have children (two on average). It often takes two cars in the same household. Moreover, women are more likely to be more attached to their cars than men.
But the car has a cost.
This is the second largest item of expenditure in French homes with $ 4,536 spent per year on average.
Buying one or two new or used vehicles is therefore a very important expense for a family. That is why more and more households are financing or refinancing the acquisition of their car (s) as part of a Tom Sawyer car loan and their motorcycle (s) as part of a Tom Sawyer motorcycle credit . These loan aggregation schemes, including the refinancing of a car or motorcycle, have a broader objective of correcting excessive household debt.
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