People planning to take out a car loan to buy a used vehicle can now make use of a mobile phone service which may help them bag a bargain.
Once a driver has seen a motor they are interested in buying, they simply need to text the registration plate number and mileage to Exchange and Mart.
The company replies within minutes with three valuations for that model in good, average and poor condition.
Commenting on the used car market, Debra Healy from Exchange and Mart said there are plenty of bargains to be had at the moment as a result of the gloomy economic climate.
However, she warned buyers to be cautious.
"Anything that seems too good to be true probably is and the chances are you could be stung by buying a car that is at best dodgy and worst dangerous," she stated.
Meanwhile, Exchange and Mart recently stated it was down to dealers to rebuild consumer confidence by working to exceed expectations.
Latest Car News
Axon car finance 'ideal for eco-drivers'People seeking to purchase eco-friendly vehicles using car finance may wish to consider the new plug-in hybrid electric vehicle from Axon Automotive.Recently previewed ...
Published: 28-Oct-2009
Jeep may have the answer for 4x4 car loans customersCar loans customers currently contemplating which 4x4 to buy may want to take a look at the revised Patriot from Jeep.The manufacturer revealed the interior of ...
Published: 05-Mar-2009
Honda CR-Z car loan 'may attract eco-drivers'Environmentally-conscious customers who are searching for car finance may be keen on the new Honda CR-Z.Presented at the Tokyo Motor Show, the manufacturers claim ...
Rate cut could be good news for car loans customersThe latest interest rate cut by the Bank of England could be good news for motorists planning on taking out car loans.A reduction from one per cent to 0.5 per cent ...
Car Loan 4U is
authorised and regulated by the Financial Services Authority,
and licensed by the office of fair trading under the consumer
credit act 1974. Licensed Credit Broker. All finance is subject
to status and income. Written Quotation on request. Registered
office: Car Loan 4U Ltd, Beechfield House, Winterton
Way, Macclesfield, Cheshire, SK11 0LP. Registered in the UK.