According to a survey done by comparison website revealed that it is always a good option to take out a person loan for buying a car than to look for dealer finance.
August 22, 2006 (Press Release) --
According to a survey done by comparison website revealed that it is always a good option to take out a person loan for buying a car than to look for dealer finance. Dealer finance generally poses almost double the interest rates than that of personal loans.
London (apply-4-personal-loans) August 21, 2006: For motorists, it is better to take out a personal loan for buying a car than to choose dealer finance. According to a price comparison website, if drivers choose dealer finance, they will have to pay £3,000 more.
The interest rates for car finance is around 11.3 per cent Annual Percentage Rate (APR) than the cheaper personal loans available on the market for buying a car, according to the website.
Nick White, head of personal finance at uSwitch said, “I can't deny that looking for a new car is far more exciting than searching for the best finance package.”
Mr White further added, “Paying too much for car finance is really easy to avoid. By organising the loan before visiting the car showroom, people will not feel pressurised to get the cash quickly to secure the car of their dreams."
A recent research done by confused.com suggested that people who were looking for car insurance deals should also shop around. The website further indicated that women were paying more for their car insurance due to the trend of adding accessories and other modifications to their vehicles.
For additional information on the news, that is the subject of this release (or for a sample, copy, or demo), contact Webmaster, or visit http://www.apply-4-personal-loans.co.uk
London (apply-4-personal-loans) August 21, 2006: For motorists, it is better to take out a personal loan for buying a car than to choose dealer finance. According to a price comparison website, if drivers choose dealer finance, they will have to pay £3,000 more.
The interest rates for car finance is around 11.3 per cent Annual Percentage Rate (APR) than the cheaper personal loans available on the market for buying a car, according to the website.
Nick White, head of personal finance at uSwitch said, “I can't deny that looking for a new car is far more exciting than searching for the best finance package.”
Mr White further added, “Paying too much for car finance is really easy to avoid. By organising the loan before visiting the car showroom, people will not feel pressurised to get the cash quickly to secure the car of their dreams."
A recent research done by confused.com suggested that people who were looking for car insurance deals should also shop around. The website further indicated that women were paying more for their car insurance due to the trend of adding accessories and other modifications to their vehicles.
For additional information on the news, that is the subject of this release (or for a sample, copy, or demo), contact Webmaster, or visit http://www.apply-4-personal-loans.co.uk
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