Hire Purchase
Sir,—Mr Heal complains about private car imports. If a person wants to import a new ear and can pay cash, let him do so, by all means. A cash buyer is far better than getting cars in on the never-never which are worn out before they are paid for. You have also lost your overseas funds which could be put to a better use than cars. Still, many conclusions can be drawn from the facts in New Zealand. The number of bankruptcies, and the number being sued for default in credit payments are increasing rapidly—Yours, etc., BY THE WAYSIDE. May 2, 1961. [This correspondence may now cease.—Ed., ‘‘The Press.”]
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https://paperspast.natlib.govt.nz/newspapers/CHP19610504.2.8.6
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Press, Volume C, Issue 29504, 4 May 1961, Page 3
Word count
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111Hire Purchase Press, Volume C, Issue 29504, 4 May 1961, Page 3
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