On the back of recent reports commending the reliability of second-hand Honda cars, vehicle finance broker Carfinance247 has confirmed the brand is its fourth most popular make of car.
Between 1 May 2011 and 30 April 2012 Carfinance247 brokered a rising amount of finance on second-hand cars and saw more business on Honda cars than it did on Volkswagen, Audi or Nissan, for example, all of which sold at least twice the new units of the Japanese marque in the first half of this year.
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The reports of Hondas reliability as a second-hand car means saving money, which is obviously particularly important in these tough economic times, said Louis Rix, director at Carfinance247. It shows used cars can be extremely reliable and cost-effective.
The top three brands for vehicle financing purchased through Carfinance247 were Vauxhall, Ford and then BMW.
richard.brown@vrlfinancialnews.com
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