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car news headlines Sales of convertibles rise
Sales of convertibles rise
Apr 16 2008
British motorists may increasingly be spending their Car Loans on convertibles, as sales of the models have shot up for one firm.
According to Carcraft, vehicle sales of convertibles between 2006 and 2007 rose by 33 per cent, accounting for five per cent of the firm's used car sales.
Barry Nightingale, managing director at Carcraft, commented that the number of convertibles being chosen by Britons every year is increasing.
"Used car prices show that coupe and cabriolet models tend to retain more value than their more practical hatchback or saloon counterparts, making them a worthwhile investment," he added.
Mr Nightingale went on to say that now is the time to find a bargain as there is plenty of choice in used cars at dealerships.
Meanwhile, April 23rd will see British Car Auctions hold a convertible sale online to mark St George's Day.
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