Business News • MarketWire • Car Leasing was the Most Popular Way to Buy A New Car in 2010 |
Car Leasing was the Most Popular Way to Buy A New Car in 2010 |
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Car Leasing was the Most Popular Way to Buy A New Car in 2010
LONDON, UNITED KINGDOM--(Marketwire - Dec. 28, 2010) - During the first six months of 2010, just over 530,000 new cars were purchased by consumers in the UK. According to the Finance and Leasing Association (FLA), 49.4% of these cars were obtained using car leasing. It is estimated that 8 out of 10 of all new cars are bought with car finance but it seems that austerity is changing the way consumers choose their car finance. They are moving away from the more traditional finance options towards the car leasing product called Personal Contract Purchase (PCP).
View More : http://www.marketwire.com/mw/release.do?id=1374032&sourceType=3
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