A rush of people are expected to enter the
new car market in the coming weeks as the new ’57
number plates come to market. In the rush to purchase a new
car, it is easy to forget about
car finance . Thinking about how to pay for
your vehicle before you go near a dealership is the key to
saving money .
Purchasing
a car through a dealer means you are likely to be offered
a finance deal. Although this will seem a simple and easy
option, many dealer finance deals require the borrower to pay way
over the odds
for car finance, with high
interest rates . If you’re not paying
cash for
your new car, it makes sense to shop around.
Personal loans are often regarded as one of the cheapest
methods
of car finance . Some
loans are set as low as 6.3 per cent, but never borrow more
than you can afford. For the
homeowner, homeowner
loans secured on the
property can be very competitive.
