Fears for dealers over car loans and sales.

12 May 2010

Car and motoring chiefs plan to urge the next government to make it easier and cheaper for motorists to achieve Car Loans and Car Finance as figures show another rise in sales.

Dealers are now worried that because the scrappage scheme has ended, the 11.5% increase we saw in April for new car sales may drop.

Paul Everitt, from the Society of Motor Manufacturers and Traders, stated that the Government must "focus on encouraging the availability of more and better-priced finance for business and consumers".

It’s clear that something must be put into place to secure the growth of car loans and car sales and with this new news, it seems that the new government will have a lot of requests to deal with over the coming months.

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