Given the increased inflationary pressure that households have had to endure over the last twelve months, not to mention the increasingly gloomy economic outlook, it is little wonder that motorists are switching to new fuel efficient cars.
Macclesfield, UK (PRWEB UK) 22 February 2012
2012 is set to be the year that motoring becomes more fuel efficient.
There are a number of car manufacturers looking to launch new super-fuel efficient and alternatively fuelled vehicles this year.
Money saving motorists keen to make their hard earned cash work harder for them should look to choose a diesel or alternatively fuelled car if they want to make even more savings to the cost of their motoring according to the UK’s leading car finance website Car Loan 4U.
Research published last week by The Society of Motor Manufacturers and Traders (SMMT) showed that the number of new diesel cars sold is now higher than 50% of the total market share. In January 2012 53.7% of all new car purchases were for diesel cars.
On top of this, SMMT figures show that demand for alternatively fuelled cars increased by more than 17.7% in January 2012, now accounting for 1.6% of the total new car market.
But why the increase in demand for diesel and alternatively fuelled vehicles?
Car Loan 4U Co-Director James Wilkinson explains;
“Given the increased inflationary pressure that households have had to endure over the last twelve months, not to mention the increasingly gloomy economic outlook, it is little wonder that motorists are realising this by switching to new fuel efficient cars.
“Older cars are more expensive to run; they often use up far more fuel to travel the same distance and are sometimes more expensive to tax and insure. Savvy motorists realise that cars that are powered by highly-efficient and cleaner diesel engines or even alternatively fuelled cars are not just good for the environment, but good for their wallets too as they can save themselves a lot of money in additional costs, not just on petrol, but on road tax, insurance and the London congestion charge too. Plus with various car finance options available for motorists, buying a new car has never made more sense.
“Whatever car you are looking to choose, be sure to do your research on particular models and the differences in average depreciation between petrol and diesel engines – and remember, affordable car finance is available online from lenders such as Car Loan 4U from just 7.9% APR.”
For your car finance needs visit: http://www.carloan4u.co.uk.