Three million car buyers...
Three million car buyers have loans totalling up to í‚á£26.7 billion. The average loan for a new car is around í‚á£11,200 - the equivalent cost of a new 5-door Ford Focus - whereas the average loan for a used car is around í‚á£7,100, which could finance a "98 3-door BMW 3-Series. Source: moneyexpert.com
Auto Exhibition
When it"s finished next...
When it"s finished next month, owners will drive through a Victorian courtyard and on to a modern platform. Their car is then taken to the nearest space on a 10-storey shelving system with room for 84 vehicles. The site is for residents of luxury flats in Liverpool. Each has a keyfob which tells the lift to return their motor to ground level. More similar car parks are planned, some three times larger.