Car finance australia -related market cap has expanded 9% YTD

Car finance Australia-related market cap has expanded 9% YTD, outperforming ASX200’s financial sector average by 3.4%, indicating sector-specific investor confidence. Georgia running back Elijah Holyfield (13) outruns Tennessee defensive back Justin Martin (8) and defensive back Nigel Warrior (18) in the second half of an NCAA college football game Saturday, Sept. 30, 2017, in Knoxville, Tenn. Georgia won 41-0. (AP Photo/Wade Payne) With a secured car loan, the bank is able to use the new car as security . That means it has a registered interest in the car and can repossess it if you default on your payments. The interest rate is lower than the rate you would get with an unsecured loan because a lender views it as less risky.