Less than half of those surveyed said they would prefer to buy a car by paying the full asking price, instead of opting for shorter-term finance solutions.
James Fairclough, CEO of AA Financial Services, commented on the car market in 2022.
He said: “The promise of fresh car demand in 2022 is welcome news, following a challenging year for the car industry.
“The impact of Covid and the global shortage of semi-conductors has seriously impacted new car registrations this year, pushing up demand for used cars.
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