If you have your eye on a car, certain financial institutions have their eye on you. Tusa, the in-store banking service in Superquinn shops, started off the year with a car loan sale for January.

The bank is offering customers a fixed rate of 7.9 per cent APR on amounts of more than £10,000 (€12,700) for a repayment period of between three and five years. First Active kicked off this week with a reduction in its car lending rates. The new variable rate is 9.2 per cent APR, a cut of 0.29 percentage points, and the fixed rate is down from 10.5 to 10.25 per cent APR.