The finance you need The car you want

Car News

rss
Jun 1 2009

The expense associated with buying and running an environmentally-friendly vehicle is one of the main reasons preventing people from going green, it has been claimed.

According to new research from TheGreenCarWebsite.co.uk, many Britons find the cost of going green to be prohibitive, particularly during the current economic downturn.

The government has sought to encourage more motorists to replace their existing old vehicles with more environmentally-friendly ones by offering a £2,000 incentive to have their aging cars scrapped through the scrappage scheme.

However, buying eco-friendly vehicles is not top of most people's list, the website found, because the expense involved means most would prefer to buy a cheaper, more polluting model.

Many people are choosing to purchase used cars during the recession in a bid to cut the amount they are spending on new vehicles.

Chancellor Alistair Darling announced the scrappage incentive scheme in his Budget speech earlier this year.

So far the initiative has encouraged 35,000 motorists to replace their old vehicles with more modern versions, according to a recent report from the BBC.
ADNFCR-1366-ID-19196117-ADNFCR

More from   Financial and Loan  

Important to fix up your car finance

Jul 27 2010

It is quite strange that people wanting to buy a new car are more concerned and conscious about the model they want to buy and the features rather than how are they going to arrange for its finance.

More from   Financial and Loan  

Ideal time to take car finance

Jul 26 2010

The economic situation within the US looks like it is improving but the situation within Europe is far from comfortable.

More from   Financial and Loan  

Criteria to be fulfilled when availing car finance

Jul 26 2010

It is natural that lenders expect those seeking car finance to fulfill certain criteria and these are mentioned in the form they are required to fill when they make that application.

More from   Financial and Loan  

Car finance preparation

Jul 25 2010

Whether it is a new car or used car that you wish to purchase, you would do well to make use of car finance schemes that are on offer.

More from   Financial and Loan  

Avail car finance even with bad credit

Jul 25 2010

If your bad credit report or score is bothering you and you feel apprehensive about getting access to car finance, then you can relax because you can get auto loans without anybody checking up on your credit.

More from   Financial and Loan  

UK Business Secretary Supports Car Finance Industry

Jul 23 2010

Twickenham MP and business secretary Vince Cable has announced to delegates of the society of motor manufacturers and traders limited (SMMT) that motor industry is the backbone and balance to the UK’s economical strength.

More from   Financial and Loan   Motoring  

Car Finance Still Available Despite Debt Still Rising

Jul 19 2010

The recent recession has hit many UK citizens extremely hard, leaving many house owners, car owners and businesses in a desperate struggle for survival and with very little disposable income.

More from   Financial and Loan  

Valuation of your used car

Jul 19 2010

While it is a very pleasant and thrilling experience to buy a new car, many people find it tough to understand what to do with their old one.

More from   Financial and Loan  

The used car trade-in decision

Jul 19 2010

Having decided to go in for a new car, you are faced with the decision of what to do with the current one.

More from   Financial and Loan  

The final negotiation

Jul 18 2010

Having assessed the value of your car and decided on the brand and model you wish to buy, it is time for the final negotiation.

More from   Financial and Loan