Motor finance provider Car Loan 4 U has begun
publishing monthly listings of the most popular car models from its
non-confidential credit applications data.
Car Loan 4 U will use this data to create a
record called the Car Finance Car Index, which James Wilkinson,
co-director of the company, calls a “snapshot on the cars that are
proving particularly popular.”
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By number of motor finance applications to Car
Loan 4 U, the most popular cars for January were the Vauxhall
Astra, Ford Focus, BMW 3 Series and Vauxhall Corsa,
mirroring the findings of a recent survey of brokers by Motor
Finance magazine.
Pointing out the dominance of cars such as the
Astra and Focus which are useful for both families and commuters,
Wilkinson also hopes the index will provide an insight into the
motoring economy.
richard.brown@vrlfinancialnews.com
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