A fresh guide by
financial services group
Halifax will help UK drivers looking for a
used car .
Halifax Unsecured
Personal Loans have released a guide that takes the consumer
through several stages on their quest for a
car finance
loan . According to Halifax, potential
vehicle finance customers need to work out how much they can
pay each month, as well as meeting any criteria for a deposit or
balloon payment at the end of
a loan .
Halifax also include further advice, such as avoiding any risk of
theft or assault by meeting the seller in a private place. The
group also said that buyers should take care of buying an old car
that has had a polish – mutton dressed as lamb in other
words.
The head
of personal loans at Halifax, Neil Chandler, reportedly
commented: It makes sense to take your time and choose the
right used car, but buyers should also ensure they do the same when
it comes to financing it.
