Cramlington, Northumberland -- (SBWIRE) -- 05/01/2015 -- The changes to pension rules that come into force this month could be good news for the car business, says Cramlington-based dealer.

The new rules allowing over 55s to take tax-free cash out of their pension funds could lead to many older people deciding to buy a car. Although government ministers joked about pensioners going out to buy Lamborghinis, there is a serious side.

The ability to take money from their pensions could see many older people looking to buy a new or nearly-new car as a purchase to "see them out", but it could also mean a boost in convertible sales as people opt for something like an MX-5 to provide a little retirement fun.

With cash in their pockets, these buyers will be less likely to opt for finance and leasing deals on their cars and will be keen to negotiate a good deal on their purchase. Even for those not spending their pension pots when shopping for used cars Northumberland dealer Alex Scott Cars has a good range of vehicles to suit buyers of all ages.

Just don't be surprised when you see a line of shiny convertibles emerging from your local retirement village.

About Alex Scott Cars
Located within easy reach of all the main population centres of the North East, Alex Scott Cars specialises in supplying one-owner used cars with full service history. It's well established in the area and has a strong reputation, with many customers returning again and again. It offers a full range of services, including part-exchange, finance, MOTs and servicing.

For Media Contact:
Name: Alex Scott
Business Name: Alex Scott Cars Ltd
Address: Central Garage, High Pit Road
City: Cramlington
County: Northumberland
Postcode: NE23 6RB
Country: United Kingdom
Phone No.: 01670 712240
Email: alexscottcramlington@lineone.net
Website: http://www.alexscottcarscramlington.co.uk

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The Chancellor's Budget is good news for the motor industry, says Northumberland dealer.

Cramlington, Northumberland -- (SBWIRE) -- 03/31/2015 -- For most motorists the headline from this week's Budget announcements will have been the continuing freeze in fuel duty and the scrapping of September's increase. But there were other measures that are positive for the motor industry too.

Company car drivers will see a rise in tax of three per cent by 2019, but the rate will be lower for ultra-low-emissions vehicles as the government tries to encourage business users in a switch to cleaner motoring.

George Osborne also announced a £100 million investment in driverless car technology to help British firms stay competitive in what is likely to be a significant market in the future. There was a nod to the classic car scene too, with the rolling tax exemption extended to pre-1976 cars from this year.

The increase in personal allowances should put help to put more money in people's pockets, and the pension changes may well see a rush of older consumers looking to change their cars too.

If buyers are looking for used cars Northumberland dealer Alex Scott Cars always has a good range in stock and can offer competitive prices to ensure consumers get the best value from their money.

About Alex Scott Cars
Based in the north east of England, Alex Scott Cars is within easy reach of Newcastle, Gateshead, Sunderland and other population centres. It prides itself on offering competitive pricing and excellent customer service. It stocks a range of cars to suit any lifestyle or budget. Part-exchange and finance are available if required, as well as servicing and MOT facilities.

For more information please contact:
Name: Alex Scott
Business Name: Alex Scott Cars Ltd
Address: Central Garage, High Pit Road
City: Cramlington
County: Northumberland
Postcode: NE23 6RB
Country: United Kingdom
Phone No.: 01670 712240
Email: alexscottcramlington@lineone.net
Website: http://www.alexscottcarscramlington.co.uk

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm