Sainsbury's Finance loan offers 7.9% APR for up to £14,999
www.moneynews.co.uk > Loans > Sainsbury's Finance loan offers 7.9% APR for up to £14,999
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Money News |
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Sainsbury's Finance loan offers 7.9% APR for up to £14,999
Tue 30th Mar 2010
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Steven Baillie, head of loans for the retail division, said he was encouraged by the findings and suggested the car industry had reason to be optimistic.
But added: "While there has been a marked increase in the number of people planning to buy cars in the next six months, the average price they are willing to pay has decreased sharply."
According to the index results, a quarter of people will require a loan to fund part of the cost of a new car, while it was also estimated that half a million people will finance 100 per cent of the purchase with a loan.
The government scrappage scheme, which offers £2,000 for a ten-year-old car, ends tomorrow (March 31st).
Click here for more loans news
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Related News : Sainsbury |
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