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Motorists who are considering taking out a loan in order to buy a new car may be interested to hear that 26 per cent of drivers claim they will opt for an environmentally-friendly model next time they purchase a motor.

Research by the global information services company Experian has revealed 65 per cent of female motorists and 45 per cent of male drivers are concerned about the effect their current car is having on the environment.

Some 30 per cent of women drivers and 23 per cent of male motorists also claim how green a car is will be a major factor when choosing their next vehicle.

Kirk Fletcher, managing director of Experian's automotive division, said: "Our research shows that the environment is clearly becoming a bigger concern for car owners."

A secured loan could be a good option for homeowners looking to buy a new car as interest rates are generally lower than with an unsecured loan because of the reduced risk to the lender.