The SMMT has reported that used car sales slipped by just over 1% for 2017 compared to the record levels of 2016.
The RAC has launched a new personal loan offer aimed at winning used car buyers away from the ever-increasing popularity of PCP car finance.
A week after publishing disastrous used car sales results, the SMMT has now published corrected numbers and decided that things aren't so bad after all.
Latest car finance results show that buyers continue to borrow more money on their cars, although the number of loan agreements fell in line with car sales.
Figures released by the Society of Motor Manufacturers and Traders (SMMT) show that used car sales were at a record high in the first quarter of 2017.