Car Buyers Turn to Hatchbacks to See Them Through Tough Times

CHESHIRE, ENGLAND, August 21, 2010

Figures released from car finance specialist www.CarLoan4U.co.uk has shown how hatchbacks are the most popular choice of vehicle when people are applying for car finance.

The top 10 most popular cars by application*:

1. Peugeot 207 S Hatchback
2. Vauxhall Vectra CDTI Hatchback
3. Mini Cooper Hatchback
4. FIAT Punto Active hatchback
5. BMW 118D SE Hatchback
6. Citroen C1 Rhythm Hatchback
7. Renault Clio Dynamique Hatchback
8. Ford Focus ST-2 Hatchback
9. Citroen Picasso Estate
10. Mazda 6 TS Hatchback

Ryan Dignan, Director from CarLoan4U, says: "Apart from practicality of having the extra space compared to having a boot, the popularity of hatchbacks probably has its roots in the recession. Hatchbacks often tend to have a favourable fuel efficiency-haul ratio, so for people who like to load up their cars (for example, people buying in bulk or having a driving holiday in the UK or Europe in order to save money) they are ideal.

"Certainly, you can get some really good-looking hatchbacks, with today's newer versions looking stylish and often sporty, and suitable for any type of driver, whether young, old, male or female - a far cry from the days when hatchbacks were the choice of middle-aged men who would use them to take their gardening down the tip!"

*Figures Jan - July 2010

About CarLoan4U

As one of the UK's leading car finance brokers, we find customers the most suitable car loan to suit their budget. As an independent company, we're not tied to any one lender and can offer our customers a wide choice of car finance packages at the most competitive rates. We offer customers the flexibility of choosing the vehicle they want from the dealer of their choice - we don't tie them down to a particular car dealer.

We also offer motor insurance, GAP insurance and mechanical breakdown cover.