Car Finance Types
wtdradio.com -Car Finance Types Hire purchase. This is a simple type of car finance. You usually pay a deposit of around 10%, then you make fixed monthly payments over an agreed period.
Car Finance Types plained. All types of finance aim to help you drive your dream car without needing a cash lump sum to pay for it upfront. The most widely recognised and popular option is personal contract purchase (PCP), but other finance methods such as hire purchase (HP) and leasing are steadily gaining popularity. There’s also the option of getting a bank loan to cover the costs. Like any finance package, you should carefully consider whether you can afford the repayments – a cash price will always be
Car finance explained. Car finance might seem daunting, but in reality it's just a simple two-stage process. The first stage is to decide on the type of deal you want: loan, lease, hire purchase, or dealer finance.
Car finance made simple. Comparing Finance Types. With so many different offers, fees and acronyms it's hard to know if you are making the right choice when buying a car.