THOUGHTS FOR THE TIMES.
'THE HIRE PURCHASE SYSTEM. ‘-‘Hire-ipurchuse has v. extended; so rapidly in.. New. Zealand .within/the .last ,ten years that to-day over 70 per cent oif the motor cars.,sold here/are sold ; otherwise than on cash terms,” said Dr Neale. does not,represent the proportion subject to hirepurchase ngreemonts, however, as many of the cars originally bought on j. that basis have since/ been, paid for. But the system has undoubtedly increased the volume of. cpr pales in New Zealand to the exclusion of’ex-, pendlture in other directions, suen as in pianos, in domestic servants, op in the upbringing of children. In many'homes there is a direct competition between a prospective motorcar and a potential unborn child; and Ibelieve me, gentlemen, the motor, car usually wins.” ! . —Dr. Neale, of Auckland.
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Hokitika Guardian, 18 September 1930, Page 4
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130THOUGHTS FOR THE TIMES. Hokitika Guardian, 18 September 1930, Page 4
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