Home » Finance

The Cheapest Car Finance Can Be Found With A Specialist

Dec 7, 2007
Although you can search for car finance yourself, if you want the cheapest car finance then you are better going to a specialist website and allowing them to shop around on your behalf and find you the best deals with the cheapest rate of interest from some of the top UK lenders.

The specialist will be able to search the car finance marketplace so that you can be sure of getting the best deal and if needed then all specialist sites will offer free advice and information by way of articles and hints and tips so you are able to understand what it is you will be comparing. While the specialist will be able to bring together the best quotes it will be down to you to decide which loan is correct for your needs and whether it is the best deal. All quotes that are found should come with the key facts of the loan so that you can make an informed decision and it is essential that you read the small print before taking on the loan as this is where you will find the full cost of the loan and any additional fees such as early repayment.

In order for the specialist to be able to find you the cheapest car finance you first have to decide how much you need to borrow for the loan, if you can put up a substantial deposit against the car then you will have to borrow less and so you will save on the amount of interest you pay. The longer you take out the loan for will also boost up the cost of the loan with the interest although the monthly repayments will be less, if you can afford to pay a little more each month then you will save on the amount of interest you pay for the entire loan. With this in mind you have to decide which is best for your needs but above all make sure that you can afford the loan each month as the car is not yours but the lenders until you have paid the final repayment on the loan.

The interest rate that you will be expected to pay on the loan will depend on how good your credit rating is, if you have an excellent credit rating then you will get some of the best and lowest interest rates, however if your credit rating is low then you cannot expect to get the best interest rates. If your credit rating is particularly low then you might have to consider taking out a bad credit loan but whichever type of loan you choose to go for a specialist website will be able to search on your behalf for the cheapest car finance possible. Always remember when budgeting for your car loan to take into account that you will also have to pay for the running costs of your new car such as taxing and testing, insuring the car, paying for repairs and wear and tear, and fuel.
About the Author
Louis Rix is a Director of NetCars, one of the UK's leading motoring websites. First established in January 2000, its mission is to become the number one site for used car searches. NetCars provide car finance and car loans.
Rating:
Please Rate:
(Average: Not rated)
Views: 110
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources