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Car finance expected to rise in 2011

The British Vehicle Rental and Leasing Association (BVRLA) has announced that it predicts this year will see a sharp rise in vehicles sold through car finance. Other sectors are due to rise, too.

The British Vehicle Rental and Leasing Association (BVRLA) has announced that it predicts this year will see a sharp rise in vehicles sold through car finance. Other sectors are due to rise, too. The rental and leasing market is predicted to gain much more attention than previous years.

The potential rises are said to be due to the banks being a little bit more generous with their lending abilities. Trade body chief executive John Lewis said: "The recovery we expect to continue this year will be a largely credit-less one, with smaller businesses in particular struggling to meet their borrowing requirements.”

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