Car finance experts Car Loan 4U comments on fuel and rail price increases

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The UK’s number one online car finance specialist Car Loan 4U comments on the recent fuel and rail price increases in the UK

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Price rises aren’t pleasant for anyone but they are inevitable.

According the Office for National Statistics the average cost of petrol in July 2013 was on average 135p per litre which was an increase of 0.7p, however, diesel went up by 0.4p to hit an average price per litre of 139.8p.

The price hikes have been blamed on the aggressive rising prices of Brent crude oil - but what about the train ticket price increases set for early 2014?

At the same time that fuel prices are rising and costing normal people more money, the Government recently announced that rail fares in the UK are set to increase by 4.1% in the new year.

Car Loan 4U Director Ryan Dignan, comments:

“Price rises aren’t pleasant for anyone but they are inevitable. However fuel prices really shouldn’t be a turn off as running a car really can be affordable if you get the right car and the right car finance rate.

“The railway network in the UK is currently undergoing some major upgrades and while a 4.1% ticket price increase is going to hit people hard, the extra revenue it generates will help to improve the countries rail network for the long term."

Motorists looking to get their hands on a new or used Honda might want to consider their car finance solutions and as leading car finance providers, Car Loan 4U can help provide expert advice.

Car Loan 4U offers a wide range of car finance deals regardless of the customer’s history or circumstances to give a fast decision on loan applications for new and used cars, which can be underwritten, approved and paid in just 30 minutes.

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David Sargant
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