The Times - A new car potentially blocks the road to a mortgage
Tags: The Times and The Sunday Times, Press Commentary
More than 85 per cent of the 2.7 new cars sold in 2016 were bought through some kind of finance deal, according to the Finance & Leasing Association.
Aaron Strutt, product director at Trinity Financial, told The Times: “I am not sure people realise that the loans can make such a difference when they are factored into the affordability calculations, especially when they have other unsecured debts.”
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