"Bargains galore" for secured car loans customers

Jan 30 2009

The economic downturn may be bringing doom and gloom across the country, but it could present a wealth of opportunities for new and used car buyers.

According to Which? Car editor Richard Headland, the current climate could mean there has "never been a better time" to buy a car.

A study by the consumer advice website revealed that more people are turning to the used car market in the search for their next vehicle, with eight per cent of drivers intending to buy a second-hand model this year.

However, Mr Headland suggested that unsecured Car Loans customers could still find a number of top deals on brand new vehicles as well.

"The downturn has thrown the car industry into turmoil and that means there are some amazing car deals available - whether you're looking to buy new or used," he stated.

The next 12 months could therefore be an ideal time for those looking to buy a new car, with "bargains galore" in the market as supply continues to outstrip demand.

According to motoring journalist Quentin Wilson, speaking on behalf of Kitemark, Car Finance customers should always plan ahead when buying a new vehicle to ensure they get a fair deal.

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