Tuesday, November 07, 2006
Used car sales set to soar
Over five million people in the UK are expected to buy used cars in the six months to February 2007.
According to research by Sainsbury's bank, total expenditure on second-hand vehicles will be close to £26bn during that period.
Steven Baillie, Sainsbury’s Bank loans manager said that figure could be significantly reduced if consumers were prepared to barter.
"Haggling could save hundreds or even thousands of pounds, unfortunately many of us are reticent to do this," he added.
DATED: 07.11.06
FEED: MT
According to research by Sainsbury's bank, total expenditure on second-hand vehicles will be close to £26bn during that period.
Steven Baillie, Sainsbury’s Bank loans manager said that figure could be significantly reduced if consumers were prepared to barter.
"Haggling could save hundreds or even thousands of pounds, unfortunately many of us are reticent to do this," he added.
DATED: 07.11.06
FEED: MT
