Sunday, January 04, 2009

Are You Looking to Buy a Car?

Are You Looking to Buy a Car?
We are gradually sliding down the long, slippery slope to economic depression, and it's a global financial phenomenon that is going to affect everyone in one way or another, and the motor industry is no different. Even the biggest manufacturers aren't safe from the credit crunch that's turned into a credit lunch, with VW recently having been bought by Porsche and the depreciation of most used vehicles becoming steeper regardless of brand or pedigree. However, as a result this is arguably one of the best times to buy a car, used or new, as retailers, dealerships, superstores and manufacturers are looking to offload their stocks to nearly anyone with a few quid left in their pockets because the financial crisis has reduced car sales drastically in what is a sales driven industry. Deals on new cars with massive price reductions and relatively good financing options are quite easy to find, and if you're in the market for a used vehicle you'll be able to get a good spec, nearly new model for the fraction of the price that it was originally sold at.

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