BRITS URGED TO SAVE BY TAKING OUT LOW RATE CAR LOANS

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 7, 2007 -- London (ask4loan) March 3, 2007: A little caution can help motorists finance their cars at low interest rates. According to an online comparison site, many motorists may be paying over the odds by choosing car dealer�s finance. They should rather go for low interest rate car loans.
By avoiding dealership finance and taking out a car loan, you can save more than �1,000. The online comparison site urged those looking to buy a new car to take advantage of the UK's increasingly competitive personal loans market and go for car loans.

A representative of the company stated: "The market for personal loan business is incredibly competitive, allowing consumers to reap the benefits by means of lower rates.
Although sub-six per cent loans have become almost extinct, there are still some great deals to be found, charging around six to seven per cent, which is only a 1.75 per cent margin over the bank base rate, and is fixed for the duration of the loan."