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Car loans customers 'doing their homework'

Used dealers are making better deals available to encourage car loans customers to spend their money, it has been suggested.

Used dealers are making better deals available to encourage car loans customers to spend their money, it has been suggested.

In an article for the News Herald, it is noted that growing uncertainty in the financial market is prompting car finance customers to be increasingly savvy about their purchases - which could mean now is the right time to buy for many.

Rick Roberts, managing partner of Anderson Chrysler Dodge Jeep told the newspaper that as people become more conscious of their finances, fuel-efficient vehicles are also becoming more popular.

He added that in general the market was still performing well in the wake of what has been dubbed the credit crunch.

"The overall opinion from our dealership is that sales of new and used cars is still pretty good," he said.

Earlier this week it was reported that BMW's 118d had been awarded the title of 2008 World Green Car. The vehicle uses the manufacturer's Efficient Dynamics technology to cut emissions and offer optimum fuel economy.



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