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RECORD GAS PRICES AND A SLUGGISH ECONOMY IMPACT YOUNG ADULTS' CAR PURCHASING CHOICES
Capital One's 5th Annual Rules of the Road Survey Reveals Trends Among First-Time Car Buyers
Story Summary:THIS IS A MULTIVU SPECIAL REPORT BROUGHT TO YOU BY CAPITAL ONE. AS SUMMER NEARS, MANY YOUNG ADULTS ARE LOOKING TO BUY THEIR FIRST SET OF WHEELS. A NEW SURVEY FINDS THAT TODAY'S FIRST TIME BUYERS ARE SURPRISINGLY PRACTICAL. CAPITAL ONE'S ANNUAL ‘RULES OF THE ROAD' SURVEY FINDS TODAY'S BUYERS ARE MORE INTERESTED IN RELIABLE CARS WITH GOOD FUEL EFFICIENCY, RATHER THAN THE SLEEK-LOOKING VEHICLES THE BABY BOOMERS WANTED. THEY'RE ALSO MORE LIKELY TO FINANCE THEIR FIRST CAR.
JACK NERAD FOR KELLEY BLUE BOOK OFFERS THESE TIPS: "Parents play a key role in guiding their young adult children with their first car purchase. They can help them understand how much car they can afford and they can encourage them to compare cars and pricing. It's also important to explore various no-obligation financing options to find the best fit. There are a lot of resources for first-time buyers – Capital One, for example, offers a free comprehensive auto buying guide and has some of the best financing rates in the country." FOR MORE INFORMATION VISIT CAPITALONE.COM/AUTOLOANS OR KBB.COM. I'M LARRY CARDARELLI AUDIO PROVIDED BY: "Capital One" FOR STORY INFORMATION, PLEASE CALL: MultiVu Media Relations,1-800-653-5313, EXT. 3 OR EMAIL RADIO@MULTIVU.COM
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