Sainsbury's Bank launches new initiatives to get best deal on new car

10 May 2005
Sainsbury's Bank's car purchase scheme, Drive, has launched three new initiatives to help motorists secure the best deal on a new car.

The Drive website now includes a Payment Calculator to allow drivers to research the best car for them based on their own financial situation.

Car-owners can also get the best price for their old car by obtaining an indication of its current market value with the Valuation Tool.

The Company Car Tax Calculator, meanwhile, provides company car drivers with a means of finding out how much tax they are paying and whether they would be better off outside the company scheme.

"With our car purchase scheme, we are committed to flexible and affordable hassle free motoring," said Valerie Wood, car purchase scheme manager at Sainsbury's Bank.

"We have always tried to provide motorists with everything they need to make informed decisions when purchasing a new car and we believe our new initiatives go a long way to help them achieve what's right for their individual needs."

Sainsbury's Bank hopes that the initiatives will save drivers the thousands of pounds they are currently losing because they struggle to find a good price for a new car, fail to minimise the impact of depreciation, or are unable to get the best market value for their old car.

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