Before you go ahead and accept the first car finance offer put in front of you at a car dealership it is vitally important that motorists do their research and compare available credit options.
(PRWEB UK) 21 March 2012
The latest industry research shows that more people are expecting to spend money on cars this year and a popular time to do this is during the Easter Bank Holiday weekend.
Comments Car Loan 4U Co-Director James Wilkinson;
“Car dealers are looking forward to this Easter Bank Holiday immensely. All the signs are there that motorists are ready to splash out on new cars and they are looking forward to a bumper weekend of new car sales.
“While many motorists will have saved money to buy their desired new car, many people will be thinking about car credit options. Before you go ahead and accept the first car finance offer put in front of you at a car dealership it is vitally important that motorists do their research and compare available credit options. Too often drivers end up paying more than they should for car finance – many dealerships have very uncompetitive prices.
“We hope these car finance tips will help consumers find not just the car of their dreams this Easter, but also the car finance options of their dreams, too. For example, our car loan rates start from 7.9% APR and we regularly find loans for those with a less than perfect credit record.”
Top Tips for Car Finance Success this Easter
Car Finance Calculators: Use an online car finance calculator to calculate what you can borrow, as well as how to find out more about affordable car finance options.
Shop Around: Always compare prices, both online and off, when it comes to your car credit rates. If you are at a dealership, do not be tempted to sign-up until you know exactly what the costs involved are.
Read the Small Print: As with any financial product it helps if you know what you are signing up for. For example, if there are big penalties for missed payments, or if you are charged a considerable sum for paying off the loan early, then certain types of car finance are not right for you.