What is car finance?
Used car finance is becoming incredibly popular, with 74% of people using finance products to help get themselves into their perfect car. Car finance is sometimes known as HP (Hire Purchase) and is a simple way for you to purchase a car and pay for it in fixed monthly instalments. These payments are usually spread between 24-60 months, and the application process is incredibly simple. If you choose a longer period of times (60 months for example) then your monthly payments will be smaller. However, you will have to pay more interest the longer your repayment period, so make sure to have a good think about your budget and what deal you’re looking for.
How does it work?
Our aim is to make car finance as simple as possible for everyone to use.
The process happens in four simple steps.
We make sure that all of our cars are prepared fully before we put them on sale, and all of them will either come with a manufacturer’s warranty or a complimentary 3-month warranty. However, you can always add on extra warranty and insurance products afterwards. We also have a huge range of vehicles in stock to choose from. So we can help you get any car, whether it’s a little city car or a 4×4 to fit your whole family. Even if we don’t have it in stock, we can easily source it for you.
Benefits of car finance?
We expect more than 51% of our customers to achieve this rate.
|Loan Amount||Total Cost of Credit||Representative APR||48 Monthly Payments||Deposit Amount||Loan Term||Total Amount Payable|
|£7,500||£3019.16||19.1% APR||£219.77||£0||48 Months||£10,519.16|
We are a broker not a lender and our registered office is Trident Park, Trident Way, Blackburn BB1 3NU. Our contact number is 01254 919000