Car finance insight from Halifax

Halifax unsecured personal loans have released a series of statistics related to UK car market, which may be of interest to car finance customers in the UK.

The Halifax research found that used cars remain more popular than used cars, women tend to spend more upgrading their vehicle, and young people will pay more for car modifications.

Halifax found that almost 60 per cent of people in the UK would use funds in their current or savings account to purchase a car, without resorting to a personal loan or dealer finance .

The Halifax also reportedly found that over half of all motorists would rather purchase a second-hand car . The head of Halifax Unsecured Personal Loans, Neil Chandler, was reported in the news as commenting: Whatever your reason for taking an unsecured personal loan, with Halifax you'll have no monthly repayments for the first three months.

Car Finance

Car finance insight from Halifax

Compare Car Finance Deals Today

Keep informed

Car sales on finance up a third on a year ago

Music and sneezing a hazard for drivers

New car registrations rise in April

New measures to tackle drug driving

Meet the Team

Home

Deals

Types

Guides

Providers

Tools

News

About Us

Keep in touch