Shop around for your car finance quotes!
For any car-lover, there is nothing better than agreeing the price on your dream car, paying your deposit and focusing on the brilliant driving experience ahead.
As a specialist, independent car finance broker, we would always urge you to proceed with caution when arranging your car finance in order to make sure you get the best deal! The dealer’s finance offer may not be the most competitive and they are often subject to a higher APR. A higher APR could be due to a number of reasons;
- They will almost always have larger overheads than we have (showroom costs, vehicle stock to insure, lot’s of staff in different departments etc.etc)
- Typically they will have access to a more limited range of funders than we have.
- Pricing constraints, particularly if the dealer is part of a franchised/marque network. Interest rates and finance schemes may be set at Head Office level.
- Age of the car – many lenders will charge different interest rates depending on the age of a car. The general rule of thumb being one rate for new cars, a second for used cars and a third for older cars (typically those over ten years old).
Pay Less on Your Car Finance Monthly Payments
Despite increasing challenges and regulations coming through for any providers of motor finance, it’s important to do your due-diligence when it comes to your monthly payments – often you can save a lot of money each month, as these examples show!
- Mercedes Benz A45 (2020) – this client saved £75 on his monthly payments compared to the dealership’s offer
- Ferrari 599 GB (2008) – our client was stunned when we secured Ferrari finance at under 6% APR
- Ferrari 599 GTB (2007) – our client wanted to drive this stunning £80,000 Ferrari for under £300 per month…find out how we did it!
As a specialist car finance broker, we pride ourselves on our customer service. Building a long-term relationship with our clients allows us to provide a range of finance options – so that you can drive away your dream classic or luxury car.
Find out more – call the Fast Car Finance team on 01635 785 400 or apply now.
