Experian: "People are still buying cars"

Money News

www.moneynews.co.uk > General finance > Experian: "People are still buying cars"

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

Experian: "People are still buying cars"

Few people are delaying car purchases even in the light of the credit crunch, new research has found.

Data gathered by information, marketing and analytical services provider Experian found that while 87 per cent of car owners are concerned about rising costs of living, less than half (42 per cent) would put off buying a car as a result.

In addition, while 83 per cent of regular car changers said they are concerned about the costs of running a car, just 20 per cent of those would consider postponing a car purchase right now.

Kirk Fletcher, managing director of Experian's automotive division, said: "People are still buying cars."

The findings are a contrast to recent research by Sainsbury's, which found that the number of people planning to buy a car over the next six months is holding at a three-year low.

Steven Baillie, head of loans at Sainsbury's Finance, said that there are one million fewer potential car buyers now than there were a year ago.

ADNFCR-323-ID-18768129-ADNFCR

Related News : General finance

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet