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Low interest rates are boosting car finance sales

With the interest rates staying low and lenders and car finance companies continuing to offer deals that are not only attractive but affordable, it seems that the finance sector is going along quite nicely.

With the interest rates staying low and lenders and car finance companies continuing to offer deals that are not only attractive but affordable, it seems that the finance sector is going along quite nicely.

A report by a company called Oracle has shown that it approved more deals in 2010 than it did in 2009 for the prestige side of the market. Cars from Range Rover, BMW, Porsche and Aston Martin were the best sellers and means that the continued rise in prestige car finance is expanding day-by-day.

Will the trend keep ballooning? Let’s hope so.

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