Consumers and Auto traders in the UK may be very interested to hear the recent comments made by a senior figure at a leading credit bureau and then consider their plans for the coming months.

A recent survey from Experian has revealed that more than half of automotive dealers have positive expectations for their used car sales and after-sales activities during the next year.

Despite 22% stating that a shortage of good quality used cars was the biggest challenge facing their business this year, 62% of dealerships predicted that their used car sales activities would grow in 2012. 

Just 38% of dealers expected new car sales volumes to increase in 2012. Nearly a quarter of dealers (23%) stated that selling vehicles profitably was the key challenge facing their business, while a further 17% stated that identifying and reaching suitable customers was their biggest problem.

More than half (55%) of dealers believed that they would grow their after-sales activity during 2012.

Alistair Scullion, managing director of Experian's Automotive business in the UK and Ireland, commented: "Our survey suggests that the sales environment for new cars continues to be a significant challenge, and dealers are adapting their businesses accordingly.

"Optimism around used car sales and after-sales activities is encouraging. It is clear that dealerships recognise that there are growth opportunities for those of them that can react quickly to changing market dynamics, while reaching customers with the right offer and fostering customer loyalty to keep them coming back to the dealership."

Car dealers have long been able to offer car finance facilities to customers but it is also possible to arrange your finance before you go out looking. This gives customers a potential benefit in knowing what they can afford and what type and value of vehicle before they go out and start looking at their dream purchase.

By using the integrated technology you can now get an instant online lending decision which removes the frustrating waiting times found with many finance providers. The loan is based on a customers own personal circumstances so they know that the deal will be tailored to give them the best rates possible depending on their situation.

Car finance rates can starts from only 7.9% APR on loans between £3k and £50k and a comparison of over 30 lenders takes place to make sure the customer gets the best possible finance deal. Buying a new car can be an emotional time so taking some of the worry out of how you are going to finance it is a positive consideration for buyers everywhere.

For more information visit Moneysolutionsuk/vehiclefinance