Home Automobile Will they soon be able to refuse us a loan for the purchase of a thermal car? News from Auto Plus in your smartphone News from Auto Plus in your mailbox

Will they soon be able to refuse us a loan for the purchase of a thermal car? News from Auto Plus in your smartphone News from Auto Plus in your mailbox

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Will they soon be able to refuse us a loan for the purchase of a thermal car?  News from Auto Plus in your smartphone News from Auto Plus in your mailbox

As we know, buying a thermal car is going to get harder and harder over the next few years. This is due to the numerous measures taken by the government, which wants to do everything to ban these vehicles. An environmental fine or even a future ban on the advertising and then on the sale of internal combustion models from 2035 worldwide.European Union. In short, times are bad for the auto industry as new car sales continue to fall. But, despite all the difficulties, it is still possible and allowed to buy a new thermal car. But could there be other measures that will make life difficult for customers? In Australia, this is about to happen when the bank makes a decision that is unusual and controversial to say the least.

Amazing rejection

Really, Bank of Australia has decided to no longer provide loans to its customers who wish to purchase a new thermal car. The idea is far from welcome, that the company explains the desire no longer ” locking their customers into higher carbon emissions and ever higher operating costs“. From here, if we were to believe that the bank wants to take care of your finances, we would almost believe it! This measure has not yet entered into force, as it will take effect in 2025. Indeed, the Bank of Australia states that “ our announcement today is the start of a conversation with our customers and a signal to the wider market that if you are considering buying a new car, you should seriously consider an electric vehicle“. However, credits will still be allowed for a used thermal model.

Still a confidential market

So all means are good to encourage motorists to go electric. And it is not for nothing that such sales are in Australia cars with zero emissions was only 2% of registrations in 2021. But then can such an event see the light of day here? Not necessarily, because sales of fashionable models are going very well now. But who knows, the government may decide to speed things up by adopting new, even more restrictive measures…

Author: Mary Lizak
Source: Auto Plus

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