Is 0 per cent car finance a thing of the past

Car finance experts indicate that we have now seen the end of 0 per cent car finance . 0 per cent vehicle finance effectively operates as a discount for car buyers looking to pay for a new vehicle over a longer period of time.

Zero per cent finance is likely to suffer when the government introduces a scrapping scheme that offers £2000 for junk cars . Car retailers across the UK have already been forced to cut prices considerably to try to attract new customers, and the scrappage scheme will induce further discounts.

Fears are high that the scrappage scheme has been ill thought out, and will impact badly on car retailers. The small increase in retail of new cars may need to be sacrificed from elsewhere in the industry.

Car Finance

Is 0 per cent car finance a thing of the past

Compare Car Finance Deals Today

Related articles

Keep informed

Car sales on finance up a third on a year ago

Music and sneezing a hazard for drivers

New car registrations rise in April

New measures to tackle drug driving

Meet the Team

Home

Deals

Types

Guides

Providers

Tools

News

About Us

Keep in touch