Car
finance
company Driverite Finance apparently had a busy March, with a
higher than expected level of
car buyers looking for brand new
registrations and finance to cover the cost.
It appears that despite the
credit crunch, customers are still demanding new
vehicles, and
vehicle finance to pay for them.
Car sales and the
car loan market appear relatively unaffected by the credit
crunch.
Business manager at Driverite, Julie Muter, was reported in the
car finance media as commenting: We have had an excellent
month with direct sales, especially on the
contract hire side, which isn’t surprising when you look
at some of the offers we have had. We have found a lot of retail
customers have also opted for contract hire this time –
it’s fixed price
motoring which makes budgeting in fluctuating times much
easier.
Muter reportedly continued: We are concentrating our efforts
on our contract hire division at the moment – putting
together some fantastic offers for private individuals as the
demand is so high and also putting together a package to help out
fleet managers, as it is such a tricky time for them at the
moment.
