One of the reasons is that there is a restriction on importing used cars since 08 in order to reduce traffic jams. The other reason is that the middle or upper class, especially public employees in the capital, frequently use loans for buying new cars.
The colors of number plates are different between the car with loans and the car without loans, in order to find which one is still a collateral.
Quite interesting.
Here is Vientiane, Laos
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