CAR LOANS

The most popular and most flexible option when financing a car, especially with current low interest rates.

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Advantages

You in the position of being a 'cash buyer' enabling you to negotiate a better price.
A personal loan gives you the flexibility of buying a car privately rather than through a dealer.
You can sell the car at any time if you wish to do so.
The car is owned by you at the outset and the loan is not secured on the vehicle.
The interest rate will usually remain fixed throughout the term enabling you to budget with certainty.

Disadvantages

If you take the loan out in a period of high interest rates then the initial rate will usually be fixed for the period of the loan.

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CAR LOANS

Advantages

Disadvantages

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