Go Local for your car finance - it could save you a wedge

Car Finance

by Spot Biddle

When you are looking for car finance you should look for an independent financial adviser or IFA as they are known. As their title states they are independent of any company or product and work to get what�s best for you.

The best type of Independent financial adviser or IFA will do a whole of the market search. This means they will not be tied to any products.

It�s a bit like renting a place, but you have the option to buy at the end. This is a great option if you need to be seen with the right car, need to have a car for work but are not going to start making the big bucks until a few years time this option allows you to have the flashy car but not having to pay a huge loan back until you are earning more money. With car hire purchase, or lease purchase it allows all the freedom in the world.

There are lots of different options when looking for a car finance deal. Have you ever though about buying your new Audi with a personal contract purchase (pcp or car lease) rather than the normal hire purchase deals? And what about refinancing your current car deal?

Before you get in touch with an independent financial advisor you should have the information about your deal to hand. This would either be your current agreement or you should finance agreement or ask your lender for the information such as the balance of payments, the duration and any end payments to be made.

Hire purchase (or lease purchase as it is sometimes known) can now be done easily for personal use through Personal Contract Purchase (PCP). This is a great way to finance a new car. As will all car finance or refinance deals, make sure you get it all in writing before you commit.

About the Author

IFA Car Finance are specialist in Car Finance Mansfield, Porsche Car Finance and Mercedes Car Finance

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