Lower car finance figures

According to a recent report by motoring association the AA, consumers considering purchasing a new or used car are intending to use a smaller budget, whether paying by cash or car finance, than they were just six months ago.

According to the AA, that average budget has fallen from £9,827 to £8,851, meaning those looking for cars will be spending slightly less, whether using personal loans, dealer finance or paying cash to purchase a vehicle .

A flurry on car finance is expected in March, when the new registration plates are due to come out. The head of AA Personal Loans, Mark Huggins, reportedly commented: A third of buyers finance their car purchase with a loan, so it's important they shop around for the best loan rate, too.

Car Finance

Lower car finance figures

Compare Car Finance Deals Today

Related articles

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