Reasons to Get Your Next Car on Finance
A finance deal allows you to spread the payment over a pre-agreed term and this can make it much easier to manage financially Buying a car outright with cash can be beneficial for several reasons, but it is also not suitable for a large percentage of motorists as it can cost so much. Not many can afford to pay the full price for a vehicle upfront, but a finance deal allows you to spread the payment over a pre-agreed term and this can...
10 trends that will shape motoring in 2018
We look at some of the trends likely to shape the motoring landscape in Ireland in 2018 writes Geraldine Herbert Trend #1 – E-mobility The future maybe electric but 2018 is unlikely to be the breakthrough year. While many companies are committing to Electric cars we are unlikely to seem much change in the choice of EVs until 2019 or later so for now the short supply and unreliability of the current charging infrastructure will...
How to finance your next car
Consider your finance options carefully in order to get the best value for your money writes Geraldine Herbert Thinking of buying a new car? With a multitude of finance options available it pays to spend time determining just what is the best type of finance to sign up for. Aside from paying in cash your options include, a bank loan or credit union loan, Hire Purchase (HP) or Personal Contract Plans (PCP). PCPS An increasingly popular...
Is a PCP the best way to finance your next car?
Personal Contract Plans (PCPs) are not suited to everyone writes Geraldine Herbert With more than 30 per cent of new cars sold on Personal Contract Plans, PCP deals are one of the reasons why car sales have steadily recovered since the market crash of 2009. The idea is simple: buyers put down a deposit or trade in their old car, followed by monthly payments made over three years and are given a “guaranteed minimum future...
Is PCP Car Finance the right option for you?
Consider all your options and read the small print when deciding how to finance your new car writes Geraldine Herbert What is a PCP? PCPs are a form of car finance based on a HP agreement. However unlike HP or a bank loan the payments are typically lower and at the end of the agreement you have the choice of whether to make that final payment to own the car or not. How does a PCP work? With a PCP, repayment is broken down into...
