How to pay for your car is a big decision, and you will have several options to choose from. From paying cash, to getting a personal loan or buying a car on finance, there are many possibilities.
Many car dealers are now offering finance in the form of a Personal Contract Plan (PCP) to consumers when they are buying a car. Find out the pros and cons of PCPs.
Many ‘car finance loans’ offered by garages and some lenders are actually hire purchase agreements. Find out more about how they work.
There are a number of things to think about before you take out a personal loan for a car. How much can you afford to borrow and how long should you borrow for?