car news headlines
People are more willing to negotiate over the cost of services, including the price of cars, according to a new report.
Experian's CreditExpert.co.uk research revealed that more than half of people in the UK are now more willing to haggle to find better deals than they were a year ago.
The firm noted that 38 per cent of those surveyed said they had successfully been able to negotiate a better price when making a car purchase.
Kirk Fletcher, managing director of Experian's automotive division, said: "The rising costs of living and running a car means that consumers are driving a much harder bargain with dealers."
Car insurance firm esure recently reported that Car Finance continues to be a popular way of funding a car purchase.
The firm reported that one in seven motorists chose the car finance deal offered by their car salesman for their last purchase, while one in ten used a loan to pay for their new vehicle.
A further one in 20 admitted to having used their credit cards to buy their last car.
More from Financial and Loan
Used car values fall in October
Nov 20 2008There was good news for unsecured car loans customers in the market for used cars after prices fell again in October.
More from Financial and Loan
'Ideal time' to buy luxury used cars
Nov 20 2008Buyers who have always dreamed of owning a high-end vehicle without ever having sufficient car finance to do so could be in luck.
More from Financial and Loan
New measures 'would help car loans customers'
Nov 19 2008Motor industry groups have called for the government to take a series of steps to make buying a new vehicle easier for secured car loans customers.
More from Financial and Loan
PPI changes 'would be bad news for car loans customers'
Nov 18 2008Proposed changes by the Competition Commission (CC) to increase competition in the payment protection insurance (PPI) market would leave car loans customers susceptible to financial trouble, according to a motor industry expert.
More from Financial and Loan
Used car values continue to fall
Nov 17 2008The value of used cars is continuing to fall in most market segments, a new report has revealed.
More from Financial and Loan
Car loans news: first half-price offer 'not far away'
Nov 14 2008Buyers applying for unsecured car loans as they search for a new vehicle could soon see the market's first genuine half-price car offer, according to a source.
More from Financial and Loan
Increase in fraudulent car loans applications
Nov 14 2008More people are trying to obtain car loans fraudulently as providers tighten their lending criteria, a report has revealed.
More from Financial and Loan
Classic car market still thriving
Nov 13 2008Despite increasingly tough times for the motor industry, the classic used car market is thriving.
More from Financial and Loan
Car finance news: government postpones road tax rises
Nov 12 2008Unsecured car loans customers concerned by the cost of motoring may welcome the government's likely postponement of vehicle excise duty (VED) rises for cars bought before 2006.
More from Financial and Loan
Car loans customers 'running a false economy'
Nov 11 2008Secured car loans customers who delay servicing their vehicles in order to cut costs are exercising a false economy, experts have warned.
More from Financial and Loan
