Carfinance247.co.uk data suggests used car buyers are downsizing
Car finance provider and car dealer carfinance247.co.uk has released its latest car finance and car sales data, which highlights how the average purchase value of a used car has decreased by 12% in the last six months.Figures show that for the period Apr 2011 - Sep 2011, the average buying price of a used car was £8,730.45. For the period Oct 2011 – Mar 2012, this figure decreased to £7,697.25. This could suggest that motorists are being more cost-conscious in a still uneasy economy, says Director of carfinance247.co.uk, Louis Rix. He says: “During the