Multifinance Companies – Amid the retarding economic condition in the last three years (2016 – 2018) consumer financing industry has still grown positively. This condition has close relation with the increasing finance value of all motor vehicle types in Indonesia. Motor vehicle products are main objects and they dominate (95%) the objects of consumer finance distribution in Indonesia.
Based on a research of CDMI Consulting that in 2018 the finance value of whole motor vehicle types in Indonesia reached Rp. 302.58 trillion consisting of new car finance of Rp. 131.78 trillion, motorcycle finance of Rp. 106.80 trillion and used car finance of Rp. 64.55 trillion. It is predicted that in 2019 finance value of entire motor vehicle types increases by 9.74% to Rp. 332.05 trillion.
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