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Top Car Loan Advise For Your New Car Purchase
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Posted On :
Nov-25-2010
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Article Word Count :
452
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Buying a new car can be a significant expense. However with the number of good finance options available you do not have to try and find all the money for your new car upfront.
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Buying a new car can be a significant expense. However with the number of good finance options available you do not have to try and find all the money for your new car upfront. You can take out a loan or dealer finance agreement to pay towards all or part of your purchase and this can offer an affordable way to get the car you want.
Buying a Car
You can buy cars from a number of different sources such as dealers, private classified ads and auctions. The important thing to remember about buying cars privately or through auctions is that you will most likely need cash in order to complete your transaction. This is an important consideration if you need to fund your car purchase with finance as you will need to arrange it well in advance so you have the cash you need to buy privately. Also if you are using online auctions you may need access to an online payment facility such as PayPal (unless the seller agrees to another form of payment). It can take a few weeks to set up a new online payment account so you will need to sort this out first before you start bidding on any cars through online auction sites.
One of the major disadvantages of buying privately is that you will not get any form of warranty with your purchase. This means if the car goes wrong after you have bought it you will not have any financial backup in place. If you buy directly from a dealer then in most cases you will get at least a three month warranty. This means that if the car does break down just after you have bought it then you can get it repaired. This is even more relevant when buying a car using dealer finance as the finance company has to ensure the car is of an acceptable quality. Therefore you have two people working in your interests – the dealer and the finance company.
Car Loan Adviser Services
You will have a number of options when it comes to financing your new car purchase. It can be a good idea to get some professional advice when choosing a car loan as finance deals can be complicated. You can get helpful car loan adviser services online which offer easily accessible guidance on car finance options. These adviser services can help you to understand the different loan deals on offer and how these can benefit you. It is important to get the right advice when you are choosing a car loan to help you manage your budget more effectively and ensure you do not overstretch your finances.
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Article Source :
http://www.articleseen.com/Article_Top Car Loan Advise For Your New Car Purchase_43038.aspx
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Author Resource :
A car loan adviser service can provide you with practical guidance and support when it comes to finding the right finance options for your new car purchase. This can help you to consider all of the options available and choose a more affordable and cost effective way to buy a new car.
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Keywords :
car loan adviser, Dealer Finance, Motor Finance, Car Loan Adviser, Car Loan,
Category :
Finance
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Finance
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