|
Could it be cheaper to finance a car rather than pay cash? I'm going to buy a car by myself and need some pointers. Never done this before.
Started by mini-baller on
, 26 posts
by 18 people.
Answer Snippets (Read the full thread at shaggybevo):
A company's a minor break....
That statement is contradictory in terms.
You don't finance always cheaper to finance a car over paying cash.
And to have clear title to the car instead of the bank.
A car payment every month.
|
|
Can anyone give me an idea of how it works? It's been suggested to me by 2 car dealers and Santander is closed until Monday. I'm 2.5 years into a 5 year deal and owe more than the car is worth. It's very hard on petrol and I just can't afford it any more...
Started by Lovetotravel on
, 16 posts
by 8 people.
Answer Snippets (Read the full thread at moneysavingexpert):
Seems like you have a loan....
Also beware that the finance company might be a bit on the car.
If it is Hire Purchase you if you have any defaults or late payments .
Have a look at the terms & conditions on your copy of the finance deal.
|
|
Hi,
I know this has been covered before, but my circumstances are slightly different to previous posts on his topic.
I got a brand new car on finance 8 months ago, but want to terminate the agreement. The finance is for 2 years and I have obtained a voluntary...
Started by JacktheLad on
, 16 posts
by 11 people.
Answer Snippets (Read the full thread at moneysavingexpert):
I imagine you pay that fee....
I have written to my car finance company (Fortis Lease) with the standard letter of Voluntary.
I have a car on finance but i was made redundant so i had difficulties keeping up with the payments.
|
Ask your Facebook Friends
|
I rang my car finance company to change my address and they stated that they have a different name on the credit agreement. They refused to deal with me and wouldn't give me any answers or advice on what I should do. I have checked my credit file on experian...
Started by craig2305 on
, 20 posts
by 10 people.
Answer Snippets (Read the full thread at moneysavingexpert):
Also coming from to pay this....
Belongs to the finance company regardless of who's name is on the agreement.
|
|
Our car is on it's way out, something to do with the clutch and gear box. Quite upset, i was fairly fond of car :'-( My OH thinks it will last til it's MOT in Sept, but will fail on those points, and as the car is old it's not worth repairing. We'd planned...
Started by MentalMinnie on
, 19 posts
by 8 people.
Answer Snippets (Read the full thread at moneysavingexpert):
When I bought my car on finance I don't remember being asked for my annual* be almost paid off....
Well car finance should be a little easier to get than say an unsecured loan as if you dont pay they can take back the car.
|
|
Hi,
I have car finance on a Vauxhall Corsa Club 1.2. I purchased through carcraft in August 2010 and I took out finance with Blackhorse for £5500 and the remainder or the deposit was through a top-up loan from All In One Finance (which Carcraft owns) ...
Started by Melissab91 on
, 20 posts
by 8 people.
Answer Snippets (Read the full thread at moneysavingexpert):
Me having two loans on one car as in Carcraft have set me up with Blackhorse and All In One Finance not an expert on car finance but would guess that there is not an issue with the total loan amount finance deals on....
|
|
Went to see a car we liked yesterday at a main dealer, got down to the figures & things went a little weird...
it's a brand new car, not registered. offered us a reasonable px on ours, but would only offer a dealer discount if we took out finance with...
Started by AbbieCadabra on
, 11 posts
by 10 people.
Answer Snippets (Read the full thread at moneysavingexpert):
So are reluctant to offer discounts for cash we couldn't get ... .
Just bad practise Car dealers tend to make their money by selling finance.
Thanks.
finance then simply order you car from one of the internet brokers, job done.
|
|
I am currently 9 months in to a PCP car finance deal with Citroen. With my deal I am to pay 36 instalments of £315.33 and then a voluntary final balloon payment of around £7k (if I wanted to keep the car).
I have had no problems keeping up with my payments...
Started by dpr666 on
, 12 posts
by 7 people.
Answer Snippets (Read the full thread at moneysavingexpert):
The outstanding finance is.
|
|
Has anybody ever tried to negotiate a lower final payout figure with regards to car finance? I am thinking of paying off our car loan early, and was going to see if i can negotiate the payout figure down a bit.
The finance company has zero incentive to...
Started by big_head on
, 13 posts
by 10 people.
Answer Snippets (Read the full thread at somersoft):
I'd still be paying it off early.
I'd still be paying it off early that is already earning them a large margin on their finance costs.
That is already earning them a large margin on their finance costs.
|
|
Hey all, I'm a 18 years old. I have a job, which in which I'm earning around £140 pounds per week. I'm looking into car finance, but unsure if I would be accepted for it? The finance on the car is 0% and is paid off over 60 months, at around £120 per ...
Started by Ryy90 on
, 20 posts
by 10 people.
Answer Snippets (Read the full thread at moneysavingexpert):
The car is on finance for say £7,200, the insurance value it at £3,800
They pay you£5,000 is more than enough for a car at your age to be honest, you'll get something really nice wage, buy a car with the £5k you....
An accident.
|
