Rise in cost of driving highlights importance of car finance deals

Fri, 26 Mar 2010



According to the budget, the cost of motoring is likely to increase during the next year, which will highlight how important it is to get a competitive car finance deal. According to the Chancellor Alistair Darling, fuel duty will increase by 1 pence in April this year, followed by a further 1 pence increase during October and 0.76 pence increase in January next year.

According to the AA, the cost of motoring will now be increased by some £38 on just the April increase. The vehicle finance news was reported in the Guardian.

A motor finance expert from Think Money was reported in the news as saying: "When motoring costs are increasing, it`s particularly important to try and find other ways of keeping costs down, such as switching insurance provider - or if you`re buying a new car, finding a good car loan deal."
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