Competitive car finance rates from dealerships

Tue, 10 Jun 2008



According to recent reports from the car finance market, dealer and manufacturer car finance rates could be more competitive than one might expect. Car buyers seeking the most competitive vehicle finance possible may be surprised by what is on offer from dealerships in the current financial environment.

Personal loans for car finance have often been touted as the most competitive way of buying a car, and in the current market savings are particularly essential. The credit crunch has pressured many families so household budgets are tight, resulting in falling amounts spent on used cars and a negative impact on the car market in general.

In other car finance news, negative equity is creeping back into the car market as a result of the credit crunch and massive used car depreciation. Many borrowers are finding themselves with a debt that outweighs the value of their vehicle .
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