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Car finance helps more drivers go green

A greater number of drivers in the UK are opting for cars with lower carbon emissions, according to new figures, many bought using car finance or car loans.

A greater number of drivers in the UK are opting for cars with lower carbon emissions, according to new figures, many bought using car finance or car loans.

Between 2000 and 2006 the number of new cars bought in Britain that are classed in road tax band B has risen dramatically from 3,500 to 110,000 vehicles, a jump in market share from 0.1 per cent to 4.7 per cent, reports SMMT.

Likewise, new cars bought in band C have jumped from 421,000 to 747,000, showing that the British public is keen to embrace cars with lower emissions and lower petrol consumption.

"There has been a noticeable shift in the new car market," said SMMT chief executive Christopher Macgowan.

"This is partly due to concerns about motoring costs and partly because reducing their climate change impact is important to more buyers. However, we should not underplay significant fuel economy and CO2 savings from technological advances in new models, including premium brands," he added.

Many of the cleanest cars are small, so families looking to cut their emissions will have to look for something larger, such as one of the new hybrid vehicles available.

These can cost slightly more upfront, but this extra cost is easily accommodated with car finance or car loans, allowing you to comfortably do your bit for the environment.


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