Finance Flexibility
When you buy a car through finance you have more flexibility than when you do with cash. That's because, depending on the type of finance you choose, you can either hand the car back, part exchange it for another or keep it.
Learn about the benefits of buying a car on finance & how to purchase your next used car with CarSupermarket.com
When you buy a car through finance you have more flexibility than when you do with cash. That's because, depending on the type of finance you choose, you can either hand the car back, part exchange it for another or keep it.
If your choose PCP or an HP contract to help you finance your car, then you’ll find that your credit rating improves as you continue to make regular payments. As long as your payments are made promptly and none are missed, then financing a vehicle will provide you with a good opportunity to demonstrate your ability to manage credit well and to stick to repayment schedules.
Because car finance allows you to pay off a vehicle monthly over many years, you may now find it within your budget to afford a more expensive and higher quality car. If you were paying cash, you would only be able to purchase a vehicle that falls into your cash budget at the time.
To get a car financed, you won’t have to put anything down as collateral. This is because your car will automatically serve as the collateral for the loan. This means that if you do not manage to make all of your payments, then you won’t stand to lose anything else other than the vehicle that has been financed.
Pre-Approval? Want to buy a car today but worried that you might not get accepted for finance? Then don’t worry, use our free of charge pre-approval tool to get you on the move…
What can I borrow? Find out what you can borrow so you can more easily choose the right car for you! Use our Pre-Approval tool to see all of the cars that you could get approved for!
There has never been a better time to sell or part-ex your car