The Issue of Own Money

Usman Qadir and Mohammad Shaaf Najib
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Usman Qadir: Pakistan Institute of Development Economics, Islamabad
Mohammad Shaaf Najib: Pakistan Institute of Development Economics, Islamabad

No 2021:32, PIDE Policy View Point from Pakistan Institute of Development Economics

Abstract: Charging own money on vehicles has become a norm in Pakistan�s automobile industry. Own is a form of premium charged by the car dealers over and above the price of the vehicle for express delivery of the vehicle. An artificial shortage, primarily due to low production numbers, allows dealers and other investors to pre-book vehicles and charge own from end buyer for immediate transfer of ownership once the demand for vehicle rises in the market.

Keywords: Own Money (search for similar items in EconPapers)
Pages: 4 pages
Date: 2021
New Economics Papers: this item is included in nep-mon and nep-tre
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