Reasons to buy a car on finance

Jan 28, 2022 | All About Cars | 0 comments

With rates from as little as 8.9%, LMC has helped thousands of customers secure the best finance deal for their dream car. Not only do we have amazing relationships with high street lenders and specialist motoring finance houses, our dedicated team of finance experts can help you through every step of the way, even if you have a poor credit rating.


Spread the cost…
We don’t all have savings set aside to pay for a car in a large lump-sum, and even if we did, we don’t want to dig into them if it can be avoided somehow. By using finance, you can keep your savings where they are and spread the cost.

You could get a better car…
Paying off your car monthy also means, more often than not, you could get a better car – a newer model or a car with lower mileage perhaps? By paying on finance, you could potentially increase the budget of the car you’re looking for instead of sticking to a set budget.

It improves your credit score…
If you pick a personal loan or a HP contract to finance your car, as long as you keep up with payments, your credit score will increase. Getting a good credit score means you’ll be quickly approved for future loans that you apply for. Remember, even if you have a bad credit score, our expert team at LMC can still help you.

It’s great for budgeting…
Not having to spend your savings on a new car AND knowing what’s coming out of your account each month is a huge plus for your budgeting. This makes it easier to plan for the future and to continue saving that hard earned cash.

Do you need car finance?
If you’ve made the decision to finance your next car then get in touch with us at LMC now. We’ll be more than happy to help and talk you through the whole process.