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Debt fears over new car deals that only need a £300 deposit: Concerns controversial plans have helped fuel borrowing binge

Fears of a dangerous debt bubble are growing as motorists drive off in new cars after paying a deposit of just £319. Britons spent £3.6billion on car loan deals in March alone, up 13 per cent on a year earlier. But most new car ‘buyers’ actually use loan deals to rent the vehicles. A £12,000 Smart ForTwo car can be ... Read More »