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Cheap Car Finance – How to get it
Jan 27 2010When taking any loan, your priority would be to get it at a cheap interest rate so that you are able to honour repayment schedules and are not under stress to make them. Car Loans are no exception and you can get access to such an arrangement provided you meet some of the lender terms.
Though it is well known that a good credit score or strong collateral can help you procure cheap Car Finance, it is possible to get one even if you do not boast of a good credit history or do not have adequate collateral to offer.
You can use the new or used car you are about to purchase as collateral. The lender will be happy to offer you better interest rates against this kind of a security. Moreover, if you can pay a higher down payment, you improve your chances of getting your car loan at competitive interest rates. So make sure that you mention this to the lender so that he is comfortable about offering you the cheap car finance.
You would have to take some effort though to locate lenders. This is possible online where some of the best deals can be got. The online lenders do not have hidden charges and you can get the cheap car loan you want without much fuss.
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Cheap Car Loans and Fleet Sales are Helping the UK’s new Market
Created Dec 30 2011
Although car sales have taken a beating through much of Europe during the last couple of years, the prognosis for the UK car market in 2012 is considerably less dire, according to experts at Pricewaterhouse Coopers (PwC).
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Ford Plans to Double its Production in China
Created Jun 22 2011
Ford’s joint venture in China – Changan Ford Mazda Automobile – plans to soon double its annual production of car engines to 750,000 units.
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Insurance Website Names Most Dangerous Cars
Created Jun 20 2011
The popular insurance website Confused.
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FSA to Improve Complaints Handling Standards
Created Jun 14 2011
The FSA has announced a range of measures aimed at improving complaints handling standards.
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Financial Services Authority Cancels Retails Authorisation
Created Apr 21 2011
As most car finance buyers are probably aware, part of the responsibility of the FSA (Financial Services Authority) is to protect motorists against dangerous financial practices.
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Finance Becoming More Important in Car Purchasing
Created Apr 20 2011
In a recent interview with AM-Online, General Manager at BMW/Mini Financial Services, Joe Pattinson, expressed a number of opinions that are of interest to ordinary car finance buyers.
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Debt Recovery for Lenders Conference in London
Created Apr 6 2011
Those involved in the UK car finance industry will be interested to know that the FLA will be presenting a Debt Recovery for Lenders conference in London on the 18th May 2011.
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Duty Cut not Passed on to Drivers
Created Mar 30 2011
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Motor Industry Reacts to the Budget
Created Mar 29 2011
Reaction from the car finance and fleet industries to Chancellor Osborn´s latest "motorist´s budget" has on the whole been fairly positive.
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Japanese Disaster Hits Toyota Badly
Created Mar 28 2011
The ripple effect of the recent earthquake and subsequent tsunami in Japan is slowly being felt by manufacturers and auto loan buyers all over world.
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