Buying a car on finance is fairly straight forward and pretty much any one can do it. All you need to do is make you mind up on a car you like, walk into the relevant dealership and find a salesman (although they can be like hawks and they’ll usually find you), they usually sit down with you go through some prices and after a few credit checks you could be driving your new car within a week.
If you’re not great at maths it’s very easy to get baffled with all the numbers that the sales rep might give you, so don’t sign anything there and then always get a partner or friend to check over the prices for you. So make sure you get it all written down and dodnt be told that they cant do this and that if they want to sell a car they’ll help you.
If you go in to a dealership, it’s very easy to walk in there with horse blinkers on, and sign for a very bad financial deal that in the long run might not benefit you at all.
If you go into your dealership at the end of a month when a new registration is due to come out your likely to get a good deal on the older registration as they will be wanting to sell older stock to make way for the newer registrations coming in.
Always do your research and check out APR rates on deals as high APR means the more money you’ll pay back. Some Dealers will offer interest free credit over a 3 year period which is sometimes a good deal if you can get the vehicle paid off within that time.
Just because one dealership offer lower monthly repayments don’t be fooled as you might end up paying more back in the long run.
