The boom years saw many motorists take on the pressure of hefty car loans to purchase high-end vehicles. For many, the harsh lesson of the recession has been that affordability is a matter of cash, not credit.
‘‘It seems that there are plenty of individuals out there who, although it did not seem like they were doing that at the time, have put themselves under financial strains,” said Conor Faughnan, director of policy, AA Ireland....
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