According to
car finance news,
car finance sales increased during the final quarters of 2009.
The
motor industry, one of the hardest hit industries during the
economic downturn, will be grateful for the slice of good
news.
The figures, released by the
Finance and Leasing Association, indicate strong performance
between December 2008 and 2009.
Car dealers providing
vehicle finance were said to welcome the news. Many consumers
bought
cars in December to avoid the VAT increase and the end of the
car scrappage scheme .
The statistics are encouraging, but there remains a drop in the
number of
new cars bought by consumer using
motor finance . Car dealers are often the first port of call
when looking
for vehicle finance, but specialist providers are also a
popular option, particularly with
personal loan availability remaining low.
