After the policy of minimum down payment car loans and the issue of rising fuel prices at the beginning of the year, vehicle sales in the second half of 2012 could be dropped to 375 thousand units," Sudirman said.
Gaikindo, according to Sudirman, the previous estimate of motor vehicle sales in Indonesia in 2012 about 940 thousand units, but estimates it will decline to approximately 875 thousand units.
According to data GAIKINDO, 65 percent of new car sales in Indonesia carried out with credit. Especially for middle-segment products under such a low MPV (Avanza, Xenia, APV, Gran Max, Ertiga) the composition of credit to 75 percent.
"Segment (lower middle) is the majority of DP was only 10-15 percent. With the rise in the purchasing power of the DP is reduced, the price of Rp 120 million cars a minimum of Rp40 million needed money to buy a car," Johnny Darmawan beber, President Director of PT Toyota Astra Motor
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