Financing your new car
Here’s what you need to know when it comes to paying for a new car writes Geraldine Herbert The Covid pandemic has created much uncertainty around purchases that have a significant impact on your finances like car buying. If you are considering changing your car you may be wondering is now the right time. To tempt you back into showrooms there are a host of post-covid car deals and offers available at dealerships nationwide, so it is...
Key considerations when you’re buying a Family Car
From finance options to fuel types, Geraldine Herbert outlines five things to think about before choosing your next family car 1 Hatchback, estate, saloon, people carrier or SUV? For small families, hatchbacks are ideal and there is a huge choice of both new and used models on the market. Estates and saloons are a good option if you need that extra boot and cabin space. Nothing beats the versatility of MPVs and while not as...
The pros and cons of Personal Contract Plans (PCPs)
Personal Contract Plans are not suited to everyone, so study what’s best for you, writes Geraldine Herbert An increasingly popular way to finance a new car is under a Personal Contract Plans (PCP). But what exactly is a PCP and who is it best suited to? Nearly all car manufacturers now offer PCPs. Under this type of scheme the repayment schedule is split into three very distinct parts. First, a deposit is paid – usually 10%...
PCPs – An affordable way to buy a new car
The long-suffering motor industry has come up with a new payment plan in an effort to allow customers to buy new cars without feeling the pinch. Geraldine Herbert explains what PCPs are and how do they differ from other forms of car finance. Despite a fall in the number of cars sold in the first six months, the car industry is responding with some tempting new finance offers to encourage buyers back into the showrooms. These days few...
