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Rationale or aspirational? What drives car buying? Why Gen Z is moving towards higher-value purchases, big EMI and loans

1 day ago 6
India’s auto loans are growing as vehicle prices rise and consumers seek higher-value models. From H1FY19 to H1FY26, average car loans increased 49% to ₹8.2 lakh, as younger buyers enter the wider mobility credit market.
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