In 2021, around 30 percent of respondents in Australia who had financed their most recent vehicle purchase chose their lender due to an existing relationship with the lender. Approximately 14 percent of respondents chose their vehicle finance lender due to the lender having low to no fees.
Key reasons for choosing vehicle financing lender for most recent vehicle purchase in Australia in 2021
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fifth quadrant. (January 23, 2023). Key reasons for choosing vehicle financing lender for most recent vehicle purchase in Australia in 2021 [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1370569/australia-key-reasons-for-choosing-vehicle-financing-lender/
fifth quadrant. "Key reasons for choosing vehicle financing lender for most recent vehicle purchase in Australia in 2021." Chart. January 23, 2023. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1370569/australia-key-reasons-for-choosing-vehicle-financing-lender/
fifth quadrant. (2023). Key reasons for choosing vehicle financing lender for most recent vehicle purchase in Australia in 2021. Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1370569/australia-key-reasons-for-choosing-vehicle-financing-lender/
fifth quadrant. "Key Reasons for Choosing Vehicle Financing Lender for Most Recent Vehicle Purchase in Australia in 2021." Statista, Statista Inc., 23 Jan 2023, https://www.statista.com/statistics/1370569/australia-key-reasons-for-choosing-vehicle-financing-lender/
fifth quadrant, Key reasons for choosing vehicle financing lender for most recent vehicle purchase in Australia in 2021 Statista, https://www.statista.com/statistics/1370569/australia-key-reasons-for-choosing-vehicle-financing-lender/ (last visited October 02, 2024)
Key reasons for choosing vehicle financing lender for most recent vehicle purchase in Australia in 2021 [Graph], fifth quadrant, January 23, 2023. [Online]. Available: https://www.statista.com/statistics/1370569/australia-key-reasons-for-choosing-vehicle-financing-lender/