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Loans - Consumers encouraged to find best car loans - 23/05/2008

  
 
  A large amount of insurance firms and many other personal finance companies are recommending people looking to purchase a new vehicle do not forget about how much they can actually afford when accosted with the prospect of a brand new car.

No matter what kind of car you may want, whether to attract attention or literally just run errands, it is always best to seek out the most value for money low car loan rates to fund your purchase.

The insurer Esure have stated that they still find that customers put their method of funding a vehicle “way down the list” of priorities. They have found that 15% of consumers spend far more time looking at pretty pictures of cars in magazines, while one in three spend not even an hour considering how they plan to afford it.

Also worryingly, most do not comprehend the jargon that is used within the business. 92% of consumers were found not to know what exactly a lease purchase was (the industry term for forecourt finance)

 
     
 
 
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