More evidence, if needed, that your first call should be to us here with the news that some 20% of drivers using car finance do no research into their options, with half simply picking a scheme on the spot at the dealership.
Plus, 41 per cent of motorists don’t bother getting any car finance advice at all!. Many motorists could be opening themselves up to an expensive or unsuitable contract, as they don’t understand what they’re signing up for, a survey has discovered.
A large proportion of motorists are oblivious to what they are committing to, with significant numbers failing to check such basic factors as the following:
48% – Penalties (eg excess mileage charges)
27% – Interest rate payable
23% – Contract length
22% – Total amount payable
6% – Monthly payments.
Remember, we are independent and all of our advice and guidance is delivered with your specific needs in mind!