Is your car your pride and joy, or are you ready for a change? Let us know and you could win a £300 John Lewis voucher | No thanks

Smaller models 'proving popular with used car buyers'

Mon, 20 Oct 2008
Over a third of people buying used cars are looking at downsizing, according to new research.

A study by EurotaxGlass's found 38 per cent of second-hand vehicle customers are planning to purchase a smaller, more environmentally-friendly model in a bid to cut costs.

Diesel cars were also becoming more popular, with 29 per cent of those questioned stating they were considering switching from a petrol motor in order to save money at the pump.

Commenting on the research, managing director of Glass's Guide Adrian Rushmore said: Household budgets are being squeezed ever-more tightly and consumers are looking for new ways to reduce their outgoings."

Nevertheless, he advised buyers to be cautious when opting for a diesel model.

He pointed out they were more expensive to purchase in the first instance and it could take a number of years before owners recouped this money in fuel savings.

In related motoring news, EurotaxGlass's recently highlighted a poll from Google which showed an increasing number of motorists were only visiting one dealership before buying a car.

To find the best deals around today visit Honest John best deals.ADNFCR-1081-ID-18834234-ADNFCR


Add a comment


Ask Honest John

Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £8,930.17

Total cost of credit £1,430.17


48 monthly payments

Apply now

Representative example

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

CarFinance 247 Limited is acting as an independent credit broker

Universal Square, Devonshire Street North, Manchester, M12 6JH