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One-third of car buyers likely to avail car loans

Released on = October 23, 2006, 2:46 am

Press Release Author = Philip

Industry = Financial

Press Release Summary = Car loans are making it easier for the aspiring car owners
to get hold of their dream cars with easy repayment options.

Press Release Body = London (loans-bazaar) October 17, 2006: It seems that
increasing number of people in the UK are looking forward to get their cars
financed. A research from Sainsbury\'s Bank reveals that more than eight million
people aspire to buy a car between September 2006 and February 2007.

Sainsbury\'s car buying index estimates the number of people who wants to purchase a
car. This index estimates the number on a six monthly basis. When compared to the
last index covering the period between March and August 2006, there has been a
substantial rise of 230,000 people who wants to purchase a car.

Steven Baillie, loans manager at Sainsbury\'s Bank said that nearly one-third of
buyers who plan to buy a vehicle over the next six months are likely to finance at
least some of their purchases through car loans. Baillie further cautioned that
motorists must make it sure that they shop around for a competitive rate as they
could save hundreds or even thousands of pounds in repayments.

For additional information on the news that is the subject of this release (or for a
sample, copy or demo), contact Webmaster or visit http://www.loans-bazaar.co.uk

Web Site = http://www.loans-bazaar.co.uk

Contact Details = 11 Parade House
Herefordshire

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