Buying finance - Get the best deal
Follow these tips and you'll get the best deal:
- Shop around, and don't be afraid to haggle.
- Ask to see examples of repayment plans with and without extras such as payment protection and other insurances - these push up the cost.
- If you don't understand anything or the lender uses jargon, ask questions.
- Use the internet to see what offers are available; try Yahoo! Cars finance page to compare the best rates from lenders click here
- Contact your lender if you are having difficulty repaying the loan. All reputable lenders will rearrange terms to make life easier as it's in their interests that you continue to repay the loan.
- Don't be taken in by zero or low percentage deals; check the APR.
- Don't assume the dealer is offering the best rate; compare with other lenders.
