Monday, August 20, 2007
Dealer finance remains top with car buyers
Showroom finance remains a popular means of purchasing a car despite the rise in alternative funding methods.
Almost a quarter of car buyers claim they would be most likely to opt for a finance package from the retailer at the point of sale, compared with just 15 per cent who would choose a personal loan from a high street bank.
Dealer finance remains popular
According to a study by car financing company GMAC, car dealers appear to be holding their own in the finance market as only 7 per cent of consumers would consider borrowing from an online loan provider.
DATED: 20.08.07
FEED: MT
