According to the recent news, Britons are about to spend £28bn on used cars for the next twelve months.



According to AA Personal Loans, Britons will spend an average £7,010 on buying their car. 26% confessed that they have saved money to pay for their next vehicle. 18% will acquire loans to finance their new purchase and 7% will resort to a forecourt finance deal. There will also be one in every six people opting to sell their current car to finance their new deal.



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