Thursday, September 07, 2006
Drivers holding onto cars for longer
The downward trend in new car sales will continue through September because drivers are holding onto their cars for longer.
Finance company Warranty Direct said it had recorded a 110 per cent increase in motorists looking to extend their manufacturer warranty against the same period last year.
βThe trend is a clear indication that car owners are keeping hold of their current models for longer, 22 per cent of our most recent policies have been on September β53β plate cars,β said Duncan McClure Fisher of Warranty Direct.
DATED: 07.09.06
FEED: MT
Finance company Warranty Direct said it had recorded a 110 per cent increase in motorists looking to extend their manufacturer warranty against the same period last year.
βThe trend is a clear indication that car owners are keeping hold of their current models for longer, 22 per cent of our most recent policies have been on September β53β plate cars,β said Duncan McClure Fisher of Warranty Direct.
DATED: 07.09.06
FEED: MT
