UK car finance news today highlights a motor finance deal. Advantage Finance Ltd. have struck a partnership with the Stoneacre Motor Group. They will provide vehicle finance for customers that use the UK scrappage scheme when buying a car .
Stoneacre have over 20 car dealerships throughout the UK. The car scrappage scheme has been a great success to date. It is designed to encourage the sale of new cars . Car buyers trading in an old vehicle will be given £2,000 off the cost of a new car .
However, many cannot access the rest of the funds needed to buy a new car . Advantage MD Guy Thompson was reported in the news as saying: "Advantage will support the scheme by providing finance, to customers purchasing from Stoneacre, using the old car to be scrapped as a deposit on loans up to a maximum value of £6,000. This offer will allow many people to take advantage of the new scheme and the allowances on offer even if they fail to qualify for manufacturer's finance deals ."





