As motorists grapple with rising costs we look at the pros and cons of acquiring a car in today's market-place and the possible best way for you. If you pay for your car with a loan, it means you own the car outright from the point of purchase and can be much more cost effective. With a car on finance, you don’t own the vehicle while you are making … [Read more...]
Buyers urged to question finance and commission rates
One third (34%) of British consumers expect car dealers to earn commission on vehicles bought on finance, and a further 28% don’t mind so long as they’re informed, according to new research from Close Brothers Motor Finance. This news comes as the FCA introduces new regulation for the motor finance industry, which comes into force on 28 January. The … [Read more...]
