Be wary of
car finance salesmen warns
Alliance and Leicester .
Those considering
financing the purchase of a
motor
vehicle with a
loan should take a moment to examine their options, says Clare
Alvey of
Alliance and
Leicester .
By proceeding with a
motor loan on the advice of a persuasive salesman,
it is easy to miss the key opportunity to
shop around. Alvey warns that this is happening due to a
number of reasons, primarily
free
gifts and
extras convincing the customer to buy without thinking. It
appears that many consumers feel that they may get a better
part-exchange price if they accept
credit from the dealer.
Free gifts such as
satellite navigation or metallic paint serve to close the
deals, warns Alvey, with almost one in ten [saying that] they
were talked into taking out [the
car finance] by a persuasive salesman. The current car
finance
market is saturated with options for the car buyer which should
be examined before rushing into a purchase.
