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Car Finance Tips

Tip 1: BUDGET FOR YOR CAR FINANCE

Car Finance is the second biggest purchase which you make behind your home. That is why Creditplus provide you with car finance specialists to underwrite and manage your finance to ensure that you have got the best car finance available for your credit rating and in terms of managing your outgoings.

Make sure you set your budget carefully. Think about what you can truly afford even when times are tight, and you will be able to continue your payments.

When you decide how much you are going to get car finance for, make a list of the essential feature your car will need. For example, space for children, a big boot, 5 seats etc.

Tip 2: RESEARCH CAR FINANCE THOROUGHLY

Look on the internet for different car finance rates and be careful to check our hidden fees and extras. Creditplus do not charge any extras. Our service is free to our customers, and we make our money from the lenders that we work with.
The various advice guides on the internet can recommend unrealistic prices and budgets for the car you are looking for. Make sure you keep an eye out for high interest rates and make a note of minimum deposits and false advertising. If it sounds too good to be true, it often is.

Tip 3: ASK FRIENDS ABOUT THEIR CAR FINANCE

Talk to your friends and family. 42% of car buyers use car finance to find their car, so someone you know will have taken out car finance. Ask them how they got good advice and what to look out for.

If you have any other questions, you can call one of our car finance specialists to help you answer any other questions that you may have.
Because we deal with car finance all day every day, we have insider knowledge about the market, that can help you to secure a loan, so even if your worried about getting approved, get in contact and we an explain ways around your finances, so that you can get the car you are looking for.

Tip 4: COMPARE CAR FINANCE

It’s natural to look around for your car finance, especially with the ease of the internet. However, the rates advertised can sometime be far from the reality depending on your credit rating.
Get a local paper and see what is on offer, and find out what your credit rating score is, so that you can understand whether you fall into the good, fair or poor category.

You will want to have a drive to local garages and dealers within a reasonable distance of where you live.

Tip 5: ARRANGING YOUR CAR FINANCE

Compare car finance providers that we work with to see the different rate you may get. You can also talk to one of our independent financial advisers or apply and we’ll call you back.
We search the whole market for you and because we understand all the different lending criteria, are able to find you finance with minimum disruption on your credit file.
We have literally thousands of happy car finance customers that we have helped to find a car for, so if you are unsure about rouge traders, all you have to do is read about our customer testimonials and you can rest assured we are the best car finance providers in our field.

Tip 6: YOUR CAR FINANCE IN WRITING

Make sure you get your car finance in writing, and read the terms carefully before signing. You should also check over the car you have purchased to ensure you are happy with its condition i.e. paintwork, dents removed, radio code and all other agreed items.

Car Finance options:

Vehicles Available:	New cars for sale Used cars for sale Commercial Cars Motorcycles
Car Finance amount:	£3k - £50k (subject to status)
Finance repayment terms:	Up to 60 months
Required deposit:	£0 (subject to status)