Tag Archives: car finance

Embarking on an outdoor adventure is a dream many hold dear, and the heart of that dream often revolves around the perfect vehicle. The thrill of a spontaneous road trip, the serenity of a secluded campsite, or the simple joy of a weekend getaway – all are amplified when you …

Getting a loan for your car is easy enough on the surface – and also a normal part of financing a new vehicle purchase. Given that the rising costs of living in general make purchasing a new vehicle a difficult  decision, a car loan is often the best way to …

Having a poor credit score could end up costing you as much as £8,000 extra when financing one of the UK’s most popular cars, according to new research by Uswitch.com. For instance, the best-selling Ford Fiesta costs £16,645 to buy outright. However, when bought on finance with a four-year repayment …

Finding a new car is never a completely straightforward process. Not only do you need to figure out which kind of car suits you best, but then you have to actually find an affordable and manageable way of buying the car that you want. This is made even more complicated …

New research suggests that almost one in five (17%) of under 34s use a PCP scheme to finance a car purchase, compared to just 9% of over 55s. More than two-thirds (69%) of car owners over 55 bought their car outright without using finance, compared to half (50%) of 34–54s …

Only a half of motorists who lease their car understand their ‘fair wear and tear’ policy, potentially costing them hundreds of pounds at the end of their agreement, claims new research. Car finance deals are rocketing, so more drivers than ever are not buying their cars in the traditional sense, …

Nearly nine out of 10 (85%) of car owners say that the idea of being in debt is stressful, according to YouGov data, yet in the last year some 2.4 million cars were bought using finance options (check loan eligibility). The main reason for this is that financing a car …

A new set of wheels can make you look and feel great. Whether you love a smooth drive or having all the latest gadgets, a shiny car does more than just get you from A to B. Unfortunately, a great car can also lead to a real dent in your …

  New research has revealed that 4.7 million British motorists are paying for their car on some sort of finance package. According to the study for Kwik Fit, the UK’s leading automotive servicing and repair company, the average monthly payment across the country is £226.12. Finance providers often highlight that …

The average UK motorist is spending £162 per month on running their car, or almost £2,000 per year, before they even take into account the cost of the vehicle itself, reveals new research from Kwik Fit. While many drivers buying a new or used car do so on finance and …