16 May 2005
More and more people are hitting the road, according to record-breaking car sales figures released this week, with many using personal loans to finance the move.
During 2004, 2,567,269 cars were sold, and it is Brits who traditionally did not buy new cars who are now boosting sales of new vehicles up.
The research carried out by the RAC also revealed that women are driving more.
Alan Pulham, franchised dealer director for the Retail Motor Industry Federation (RMI), said: "'The quality of modern cars, the purchasing deals like free insurance, zero per cent finance available from some manufacturers and very attractive prices all add up to a package to satisfy buyers across the spectrum of customer needs."
The availability of a wide selection of personal and secured loans means that more people in the UK can afford to finance the purchase of a vehicle.
A carefully chosen loan can be an easy and affordable way to make such essential purchases.
Compare all UK personal loans at uSwitch.com comparison service and find the one to suit your needs.
© 2008 Adfero Ltd
Content for the uSwitch.com market news service is provided by a third party, Adfero Ltd. Whilst uSwitch.com makes reasonable efforts to check the reliability of this content, uSwitch.com does not guarantee the accuracy thereof or endorse the views or opinions given by Adfero Ltd, unless expressly stated otherwise.