A new survey has suggested consumers are unnecessarily worried about obtaining new or used car loans online.
It is reported that the survey, conducted by consumer watchdog Which?, revealed around 70 per cent of UK respondents are under the impression that obtaining car finance over the internet could cause problems further down the line.
However, it was noted that reputable retailers can not only provide shoppers with a positive car buying experience, but can also offer a competitive financing option with an average saving of 11 per cent available for those who turn to internet car finance.
In a recent article for Best Syndication, Mark Warne suggested that even those with bad credit can benefit from a guaranteed car loan, adding that "in the present day it is very easy to get used car auto loans."
Recent figures from Experian also found that car loans customers were increasingly likely to consider buying a diesel model - due to increased emphasis on fuel-efficient motoring.
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