CNAF Still Focus New Car Financing

PT CIMB Niaga Auto Finance ( CNAF ) is still concentrated in financing a new car . President of CNAF Satria Rahardjo said that the company is not only Excelling finance a new car , but also used cars , motorcycles , and heavy equipment .
Nonetheless , he admitted that he is still the focus of new car financing . " We still concentrate on the new car , probably about 80 percent . Mobil mark the 18 gratuities , " Rahardjo said in Jakarta , Wednesday ( 06/11/2013 ) .
Motorcycles and heavy equipment , continued Rahardjo , only a small financial contribution when compared to both new and used cars . Percentage financing motorcycles and heavy equipment each about 2 percent .
Rahardjo explained , it targets the financing volume reached Rp 8 trillion . As of September this year to finance the volume of Rp 6.5 trillion . Target is considered down , because last year the volume of financing CNAF reached Rp 8.9 trillion .
" Financing our flat . Now again facing the automotive segment many things . Problem DP , early years it was already like that sharia is conventional . While ago we had a tender opportunity to play with a lower DP reply , " Rahardjo said .
Liquidity problem was said to be one factor . Increase in the BI rate currently stands at 7.25 per cent direct impact on the industry .
" BI rate it has gone up to 7.25 per cent . Direct the correction in the interest rate of our creditors that could increase to 2 gratuities . So we offer interest rates that are not as competitive as ever, " he concluded .