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Car loans customers considering fuel efficiency

Motorists are increasingly turning towards diesel and other more energy efficient vehicles, according to a new study.

Motorists are increasingly turning towards diesel and other more energy efficient vehicles, according to a new study.

The survey, conducted by iReach for National Irish Bank, revealed that due to the rising costs associated with running a car, around 72 per cent of drivers could opt for a new or used car that offers better fuel efficiency.

It was also noted that consumers, including those who may recently have secured a car loan, could consider a hybrid or biodiesel powered car.

However, it was noted that greener alternatives to petrol engines were not yet considered cost effective by all, but the survey also found that with around 60 per cent of respondents intending to purchase a new or used car this year this attitude could shift.

Earlier this month Reuters reported that Seat was to introduce a more ecologically friendly version of its Ibiza that would rival the likes of Volkswagen's Polo Bluemotion in terms of low CO2 emissions.


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