Per 18 June 2015, these Indonesian shoppers who use a loan from a monetary establishment to buy a passenger automotive have to pay a minimal down cost of 25 percent . It is estimated that round 65 percent of all automobile purchases in Indonesia are made by way of a loan. However, car gross sales did not immediately follow the slowing financial growth pace and, in fact, still Automotive managed to hit an all-time report excessive gross sales figure in 2013 (1.23 million sold automobiles). This delay in falling automotive gross sales was partly attributable to overly optimistic views of the Indonesian economy. In late-2012, institutions such as the World Bank, International Monetary Fund , Asian Development Bank as well as the Indonesian government failed to understand the exact extent of the worldwide slowdown.
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