60% Cash Upfront for a New Car Loan — Still Think the CBSL Cap Is Fair?

Since May 25 this year, the Central Bank capped loan-to-value on new personal vehicle financing at just 40% — meaning banks and leasing companies can only lend 40% of a new car, SUV, van, three-wheeler or bike's value, leaving buyers to find 60% in cash upfront. Commercial vehicles like single cabs and light trucks get an easier 60% LTV, and vehicles already registered for over a year are capped at 60% too. September registrations hit a nine-month low, and import spending fell more than a third from last year, with financing curbs named as a key reason. One side says this is overdue discipline — vehicle and gold-backed lending had ballooned to a dangerous share of the whole financial system, and cheap leasing fuelled imports the country couldn't afford in forex. The other side says it locks out honest middle-class buyers who can easily service a loan but don't have two or three million rupees sitting in a bank account, while people with cash just buy outright and the market shrinks for everyone else. If you've tried to lease a vehicle since May, what down payment did your bank actually quote you? ලීසිං ගන්න ගියාම ඇත්තටම අහපු advance එක කීයක් ද? එක්ක share කරන්න.