Its not that people are not borrowing, its that they cant! I have a pretty simple proposal for my bank, i want to settle my VW finance on my car and take a personal loan to do so. This would enable me to sell my car if i wanted to and get the money back out of it to put into another car. Or split the personal loan across 2 cars, ie Edition 30 (fingers crossed)£16kish, i would then borrow a smaller amount than i borrowed for the GTI and buy a £10k van and a £6k car. Or vice versa!
Im literally laughed out the place!
The price of fuel is a slight problem, but you need petrol at the end of the day! Maybe its a sign of ageing, thinking of having a nice car for weekends and a diesel/van for business/commute!