More than 94% of people who borrow money from banks to buy transport vehicles in Nghe An do business effectively.

(Baonghean.vn) - Of the total 75,328 cars in Nghe An, trucks account for 35,623 (47.2%). According to the survey,Showrooms and banks in the province show that currently the amount of bad debt in truck investment accounts for less than 6%.

Data from the Traffic Police Department of Nghe An Province shows that in the province, in addition to the number of private cars reaching over 36,400 (accounting for nearly 48.5%), the number of trucks serving the transportation business also accounts for a nearly equivalent number. The segment chosen by many customers has a price range from 800 million VND to over 1 billion VND with a payload of 1.5 - 3.5 tons. Specifically, the lines that are consumed strongly are Polo hatchback, Polo Sendan, Tiguan, Touareg...

Currently, the number of trucks in Nghe An is over 35,600, passenger cars account for over 3,200 vehicles. This number of vehicles is currently operating quite effectively, contributing to promoting the economy in the province.

To own a car, in addition to direct cash payment, consumers can also pay in installments. Accordingly, banks and showrooms in the area will have a close connection, car buyers will mortgage the car they want to buy to the bank and repay it within the prescribed time. This rate accounts for more than 35% of the total number of truck owners in the area.

Since the end of 2014, when the transport sector has increased control over oversized and overloaded vehicles, in order to meet transportation needs, individuals and businesses have had to increase the number of vehicles. Therefore, the demand for buying cars at this time has increased by 2 or 3 times compared to normal. On the other hand, banks have also lowered interest rates and expanded lending conditions, so customers have more opportunities to access capital.

Trucks invested in the area mainly serve the construction sector, transporting materials in industrial parks... Currently, the number of trucks with debts and the ability to pay accounts for less than 6%.

The areas with the most car owners are divided into 3 areas: Vinh City accounts for more than 40%, reserved for construction or commercial enterprises that need cars to serve their own operations. Districts with a large number of car owners are Dien Chau, Nghi Loc, Do Luong, Quynh Luu (accounting for more than 28%). These are localities with strong development in industry and services. The remaining 32% are scattered in other areas of the province.

Currently, in the lending sector, the number of customers who are unable to repay their debts is very low, under 6%. It is known that before supporting loans for car buyers, banks and showrooms have carefully assessed the financial capacity of customers.

Thanh Quynh - Duc Anh