There're lots of ways to buy
a car. Personal Contact Purchase, which is rather
like a lease, a purpose built car loan,
a personal loan from a building society
or bank, or a dozen other ways, but all of them, by and
large are secured only by the vehicle itself, if at all.
So with all the competition, what
can one lender do for you that another can't? Good question.
Use the button below to set them squabbling for your custom..
Click and compare online
If you have a vehicle purchase in
mind, follow this link to read up on car
insurance, then click on the button below to get the
best, cheap UK car loan .. . . and remember,
if you have an adverse credit problem, click on the "Yes"
button on the form . . .
The pros and cons of car loans
Perhaps the easiest type of car finance
is Hire Purchase. It's not too different to a car loan except
that you don't own the vehicle until you complete the payments.
With a car loan the the vehicle is
your property and the loan is virtually unsecured. That
means interest rates are higher, and lenders more aggressive
in pursuing late payments.
Cheap car loans online
The trick is to look at the APR, the
annual percentage rate This is the interest that is actually
charged on the loan including insurance costs and arrangement
fees, over a year.
It is the APR figure that should
be compared as between loans. Car dealer loans are convenient,
but rarely the best deal, and you should use the APR to
compare it to others.