New car registrations for car finance firm

Fri, 11 Apr 2008



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."
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