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Earlier this week an AA survey found that 22 per cent of motorists will consider car finance when purchasing a new car.
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The magazine states that the Spanish car manufacturer will release an entry level model of the Altea for £20,495 which will offer 198bhp from its 2.0-litre TSI petrol engine.
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Earlier this month Debbie Hull, a spokeswoman for Mercedes Benz - the manufacturer behind Smart cars, said that energy efficient motoring was on the rise.
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Earlier this month, the Thrifty Scot advised that consumers looking for approved car finance should look at options for car credit before heading to the forecourts.
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According to moneyhighstreet.com, a recent AA survey showed that this year around 22 per cent more drivers are expected to consider options such as guaranteed car finance and secured car loans.
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Last month a survey by Manheim revealed that during the first half of 2007 used car transactions in the UK totalled 3.89 million, according to AutoWired.
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A recent study by esure found that many motorists were spending over 20 hours browsing magazines and considering different models but around a quarter were spending under an hour considering finance, according to Reuters.
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According to the website the 2.5-litre version should offer 227 bhp and is expected to go from zero to 60 mph in 5.4 seconds...
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Steve Baillie, head of loans at the bank, said a large portion of consumer borrowing is used for car finance and that many people were considering loans for a new vehicle within the next six months...
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In related news the Telegraph reported today that increasing fuel prices could see diesel pass the £1-per-litre mark right across the country.
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