WHAT IS A CAR LOAN ?
A car loan, as the name suggests, is a loan you take out to buy a car. You decide which car you want to get a loan for and over what term you want to pay it back. Most of car loans clients have repayment plans ranging from two to four years.
ADVANTAGES OF A USED CAR LOAN!
The biggest advantage of taking out a car loan to pay for your vehicle is that you get to own a vehicle without paying the full amount for the vehicle, instead you get a sensible payback weekly, biweekly semi-monthly or monthly payback plan to suit your financial situation.
THINGS TO NOTE !
When you apply for a car loan, the better your credit rating the better the deal you are likely to get even though we provide used car financing for all types of credit situations a Good credit can go a long way. It’s therefore a good idea to check your rating with one of the credit reference agencies such as Experian or Equifax before applying or just permit us to do so on your behalf.
Although monthly payments may be lower if you opt to repay your loan over a longer term, remember that you will end up paying much more interest overall.
FIND THE RIGHT CAR FOR YOU !
There are lots of different cars to choose from, so doing research and finding the right car at the right price is essential before picking one. Let us do the foot work, you choose the vehicle you want and we find the best deal in town to suit your needs.