Car finance can be difficult to get, especially if you’re looking at buying your first motor. Worry not, as GetCarFinanceHere is on hand to help you get the best savings for car loans with our guaranteed finance. Our team can provide you with the latest deals on cars from Ferrari to Fiat, or if you have already purchased a vehicle simply let us know a few details and we can provide a bespoke finance quote for you. Our ethos is that you shouldn’t be judged on your credit score, so instead we take into account your current financial situation when you apply through GetCarFinanceHere. However, there are some ways that you can save money when it comes to car finance.
At GetCarFinanceHere, we appreciate that some of you might be concerned that there may be a few obstacles in your way of securing a cheap car finance deal. So, here’s a small guide that you must read if you are on the lookout for the cheapest possible car finance package!
Best Car Finance Deals
1. Choose a car you can afford
Unfortunately, we all wish we could drive to work in a McLaren sometimes, but you have to think about cost as well as practically. Naturally, the more expensive the car you choose, the more it will cost you each month. However, you don’t have to compromise on style! With GetCarFinanceHere, you could even get a great deal on a leased Mercedes.
Don’t worry if that’s too much, check out the used car showroom for inspiration.
2. Put down a Deposit / Find a Guarantor
One of the easiest ways to reduce your payment plan for car finance is by putting down a lump sum as a deposit, whether this is through a cash payment or you use your current car to part-exchange. However, if you can’t afford a deposit right now, then you could also choose to have someone co-sign your finance package. This can be a family member or friend that is over the age of eighteen and will be responsible for paying should you not be able to.
3. Improve your credit score
Whilst it might be better to do this over a long period of time, improving your credit score will always help reduce monthly costs for a loan. You can do this by applying for a low-interest credit card and paying off any purchase you make regularly. There are services online that can also help you get a better score on your credit report.
Finding the right car for you
At GetCarFinanceHere we understand how appealing it can be to get the newest car on the market, but in reality, you need to check what cars in are in your budget and what vehicle is best for you. You can do this by seeing how much money you have spare a month after you’ve paid your bills. Then you can use our handy budget range scale to set your price, so you can identify all the cars within your budget. Luckily for you we have a wide range of cars, from cars for first time buyers to family cars, then even cars for all business people
Cars for first time buyers
For first time buyers we have a car showroom that’s full of cheap cars on finance! Here you will find fantastic cars such as the convenient FORD FIESTA, that has everything you need for a first time car.
Or you could even get an incredibly reliable VAUXHALL CORSA!
Affordable family cars on finance
For families we highly recommend cars such the unique NISSAN JUKE as it is perfect for the hectic school runs, and is a car that the whole family will certainly love.
But if your family is constantly on the road going on amazing trips we highly suggest the popular NISSAN QASHQAI, as it is a great all round car!
For business on the go
But now it’s time to get down to business with great offers on luxury cars. Show up to work or any meeting in style with a fantastic car like the MERCEDES-BENZ E220.
Also if that isn’t good enough, we have the all-round outstanding RANGE ROVER that will surely fit all your needs.
How we help young people
We also understand that some young people don’t have the best credit score but can still manage their money. At GetCarFinanceHere we’ve taken this into consideration and have the pay as you go car finance option available for you!
Can I get a low payment car finance loan?
At GetCarFinanceHere, we have a high acceptance rate and offer finance packages to people with a range of financial histories. See how much you could be saving each month and use our Car Finance Calculator. Want to know more? Get in touch with GCFH today on 0808 149 2164 or contact us online and an expert team member will get back to you a soon as possible.
Learn more about the nation’s leading car finance company.