Text service launched for second hand car buyers

Fri, 24 Oct 2008
People looking for car buying advice may be interested in a new service being launched by Exchange and Mart.

Drivers considering purchasing a second hand vehicle are being invited to text the registration plate number and mileage of the motor to the company.

The firm said it will reply within minutes with three valuations for that model in good, average and below average condition.

Debra Healy from Exchange and Mart stated: "We would advise used car buyers to walk away if a vehicle is being offered for less than 70 per cent of its valuation price."

She warned, although there are plenty of bargains to be had in the current economic climate, anything that seems too good to be true probably is.

Meanwhile, Exchange and Mart suggested earlier this month it was down to dealers to rebuild fragile consumer confidence in the industry by making every effort to exceed expectations.

To find the best deals around today visit Honest John best deals.ADNFCR-1081-ID-18843239-ADNFCR

Comments

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 £9,304.93

Total cost of credit £1,804.93

£155.08

60 monthly payments

Apply now

Representative example

The Representative APR is 13.2% (fixed) so if you borrow £7,500 over 4 years at a rate of 13.2% p.a (fixed) you will repay £199.21 per month and repay £9562.20 in total.

CarFinance 247 Limited is acting as an independent credit broker