Porsches best option for people dealing with mid-life crisis
Released on: June 10, 2008, 10:09 pm
Press Release Author: Shaun Maben
Industry: Financial
Press Release Summary: A recent study has shown the average ownership age of various cars is not what the common perception of the car is. Also, to buy a new vehicle which is fuel-efficient, one can think of taking up a car loan.
Press Release Body: According to a new study, it is being suggested that for the people who are standing at the age of around 40 years most likely own Porsches.
Tesco Personal Finance conducted the study which gave further conclusions. The Cayenne, Boxsters and 911 are most probable to be seen driven by people who are standing on the threshold of a mid-life crises. The average age of ownership of the Fiat and Peugeot is said to be 31 and 32 respectively. For the Mercedes and Jaguar, the average age of ownership was seen to be 43 and 47 years.
Also, there are a number of people in Britain who want to follow in the steps of James Bond and opt for an Aston Martin DB7 at the age of 42 years. Another Brit seems to inspire 35-year-olds who follow the tracks of the Del Boy and get a Robin Reliant for themselves.
Those people who wish to get their dream car and fulfill their fantasies may find car loans as a great option. The opportunity of a low rate car loan may also appeal to those who wish to gift their loved one a car of their choice.
Also, another surprise finding is that with Nissans, Hondas and Toyotas being thought as mostly driven by older people, they have their average ownership age at mid-thirties which are pretty much young and youthful than the drivers usually depicted for these cars.
Paul Baxter, spokesman for Tesco Personal Finance, says, "We have seen some surprising results through this study. The cars that are thought to be driven mostly by the young have an average ownership age too much beyond those levels. The depiction of the drivers in the advertising of these cars is not always what you actually see. Also, if you want to go against the books and wish to buy a car regardless of your age, you can go in for some good shopping. Make sure to check all deals and also take care that you get the cheapest and best insurance for your car, whichever you are driving."
The people who want to reduce their carbon output may find car loans useful for buying vehicles which are more fuel-efficient. For those looking to improve the environment credentials of your home, getting a secured loan can prove to be useful for you. Through this loan, the homeowners can easily cover the costs of the cavity wall insulation and also make other green improvements.
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