Friday, November 10, 2006
Southern Finance urges caution
Miles Roberts, managing director at motor finance company Southern Finance, has urged car dealers to be more careful when selling financing packages for would-be car-buyers in a bid to boost sales.
He pointed out that consumer buying patterns show that most people change cars every two to three years but with dealers now offering loans over as long as seven years, Roberts believes they could be risking losing customers in the long-term.
DATED: 10.11.06
FEED: MT
He pointed out that consumer buying patterns show that most people change cars every two to three years but with dealers now offering loans over as long as seven years, Roberts believes they could be risking losing customers in the long-term.
DATED: 10.11.06
FEED: MT
