AA urges drivers to shop around
Published Date: 13th Apr 2006
AA personal loans has urged drivers to shop around before settling on their chosen new car finance deal.
Although a quarter of respondents in AA's survey claimed they had already saved sufficient money for a new purchase, 18 per cent will use personal loans and almost one in ten will use forecourt finance.
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Furthermore, of the buyers who do take out personal loans, many worryingly choose the first deal they are presented with.
Lloyd East, general manager of AA Personal Loans, commented: "Whilst many people will shop around for their ideal car - looking at different makes and models - it?s clear they don?t do the same when it comes to finance."
He hence urged consumers to consider their options carefully before settling on a deal, especially given the range of new car finance deals open to them.