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Prestige sector of market sees car finance boost

The higher volume sector of the market may be struggling, but sales and car finance sales are up in the luxury and prestige sector. The new survey shows that the amount of consumers

The higher volume sector of the market may be struggling, but sales and car finance sales are up in the luxury and prestige sector. The new survey shows that the amount of consumers buying luxury or sports cars through finance rose by 11 per cent last year.

One of the best performers was the popular Range Rover Sport which was responsible for nearly 10 per cent of a popular finance company’s deals. It seems that despite the stigmas attached to 4x4s, people still want that high riding position and beautifully made luxury feel.

Will the trend continue? 2011 is looking like an interesting year for car finance, that’s for sure.

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