OREANDA-NEWS. March 05, 2008. Car loan service is going forward at a steady gait and is becoming more and more popular. To acquire a car in credit, right now, not postponing the purchase for tomorrow — is a very attractive possibility for modern Ukrainians who are not willing to waste time on long-term funds accumulation, reported the press-centre of PRAVEX-BANK.

The volume of car loans provided by PRAVEX-BANK to individuals in 2007 increased almost in twofold in comparison with 2006.  Thus, in 2007, PRAVEX-BANK issued more than 7,700 car loans for the amount of UAH 492,10 m.

Specialists predict in the current year crediting volumes increase which is connected first of all with predicted increase of sales at new cars market. According to many car dealers assessments, this market growth is going to increase by 15-20 %. Taking into account constant aspiration for its share increase at car loans market, as well as progressive increase of used cars sales market, PRAVEX-BANK is going to increase its crediting volumes in 2008 by 60-70 % in comparison with 2007.

"To acquire necessary car in credit is a modern and attractive possibility to plan in efficient way people's expenditures. This explains merchantability of car loan service in Ukraine", — informs Volodymyr Borovyk, Head of Car Loan Department.