London (go4ukloans) August,22th 2006
The males in UK depends more on borrowed money for purchasing cars than woman does. Being cost-effective, many of the Brits take out personal loans to finance their car purchase.
Males in UK depends on borrowed money to finance their car purchase than
their female counterpart. Many people in UK take out
personal
loans to pay for the car they want to buy. The option of loan for financing a car remains far better than any other source
of car finance. Despite that there are other customised car loans easily
accessible to the borrowers in UK.
However, a fair number of Brits use their savings to purchase new cars. In this method of buying cars women are ahead of men. New research from AA Savings reveals that 40 per cent of women planning to buy a new car will use their own saving. On the other hand, only 37 per cent of males will use their saving to buy cars. This clearly shows that women in UK are well ahead of their male counterpart in saving money.
There is news that around 400,000 new cars are going to be registered
in the following September. This means that a huge amount of savings will
be spent on car purchasing. At the same time, more
personal
loans will be taken to buy cars.
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