Over half of new cars sold under finance deals

More than half of all new cars sold in 2016 were acquired under finance agreements such as personal contract plans (PCP) and hire purchase deals.

Over half of new cars sold under finance deals

The data comes as the Competition and Consumer Protection Commission (CCPC) confirmed, this week, it is to examine the personal contract plan (PCP) car finance market.

It is estimated thousands of people are availing of these contracts.

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