If you are wondering how to fund your next car, you may want to consider finance as an option. This involves paying a deposit on your car and then paying for it over a number of months or years. This way, you get to spread the cost and drive away your car quicker than you would if you had to save.

There are various benefits to car finance and lots of different options to choose from. Personal Contract Purchase offers different options at the end of the agreement, while Hire Purchase ensures that the car is yours at the end of the term.

Whether you are well versed in car finance or need some help understanding, our team will be on hand to help you find out more.

As for the benefits, choosing car finance can often mean you can afford a nicer, newer car than you would if you were paying for it outright. It may also open up more options to you, so you could also find a car that is more suitable to your needs and family.

The financial side of things is a benefit too. Instead of having to scrimp and save for your next car, often having to find thousands at a time, you can put down a deposit and then pay in monthly instalments.

Because there are different lenders out there, it means that your options are flexible too. Whether you want a bigger deposit and lower monthly payments, or a shorter-term and higher monthly payments, it is up to you how your deal is configured.

Car finance is not for everyone but it does have lots of benefits in terms of accessibility and choice. We would always advise that you think and plan carefully as to whether you can afford the monthly payments, but if you are confident that you can, we can look to arrange a deal for you.