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Car buyers influenced by friends and family, Car finance experts Car Loan 4U comments

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The UK's leading car finance website Car Loan 4U comments on new research revealing where used car buyers turn to for advice.

(PRWEB UK) 31 October 2012

New figures from the British Car Auctions (BCA) indicate that friends and family are the most trusted advisors of anyone who is considering the purchase of a used car. *

Motorists trust the views and opinions of their friends and family more so than their own personal experience, independent expert advice and even a test-drive!

The research found that a massive 28% of women would turn to friends and family for car-buying advice, but 21% of males would rely on their own personal experience of a make and model.

Leading car finance experts, Car Loan 4U, could help drivers find their new car with a few helpful hints and tips on what to look for when buying a used car.

Car Loan 4U Co-Director James Wilkinson commented:

“Buying a new or used car can be an exciting experience, however, it could end up being an expensive mistake if you get it wrong and cost you more in the long term.

“There's no real way of knowing how long a used car is going to run for or how faulty it is until it's too late as this is one of the major risks involved in buying a second hand vehicle. However, there are a few steps individuals can take to avoid buying a potentially damaged vehicle.

“Car Loan 4U is not only offering car buying tips, but also offers cheap car loans to help get you on the roads.”

What to look for when buying a used car:

Book a test drive

Booking a test drive is highly recommended as this gives motorists the chance to get a feel for how well the vehicle runs. A test drive could be a major influencing factor when buying a used car.

Inspection

A used car will need a thorough inspection which involves checking the tyres and the spare for rips and tears, the bodywork for any signs of a crash and the mileage for the longevity of the vehicle.

Additional costs

Whilst a relatively cheap car could appear to be a good deal, it would be worth considering the additional costs involved which will contribute to the overall car budget. This includes insurance, breakdown cover, maintenance and loan repayment should drivers take out a car loan.

Car Loan 4U offers loans starting from just 7.9% APR.

For your car finance needs visit: http://www.carloan4u.co.uk
Twitter: @carloan4u
Facebook: http://www.facebook.com/carloan4u

Notes to editors

*Source: BCA, WHO DO USED CAR BUYERS TRUST? 24/10/12

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/10/prweb10058013.htm

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