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Auckland Star, Volume LVI, Issue 184, 6 August 1925, Page 3 (Supplement)

Apart rrom the fact that motor f \ vehicles are cheapening in price, there is f \ another very important factor which has I \ contributed to the increased sales, f \ namely, the extension of the time pay- f j ment system. Payment extended over f J twelve months or more is now a rccog- y r nised practice in the country. An U American authority has"the following to %/. say on the subject: "This use of credit f t in buying motor transportation is logical 1& and proper. The automobile is compared | ; p to the equipment certificates which are |M;| sometimes issued by railroads for tho fpjl purchase of new material or to the rail- |f jl road bonds which are floated to care for ||l| either roUing stock or for other essen- ||jl tials." III! m II!