How to Arrange Your Car Finance Deal

by Elisa Adams

Getting a car is not easy as picking fruits unless you had specified your choice a since you’re kids (even if you do that you have to make a right choice again). When choosing a car, you are dealing with thousands of manufacturers and dealers and not all of them offers you the same thing. And that’s why you have to make a right choice.

Before looking for your new car, you should know your expenses and your limit. It is advised to expense not more than 10% of your gross income so you can manage your car finance accordingly to your monthly income or if not, you might harden yourself in the next days.


If you had decided on which car you want to buy, it is only a step from your dream car. The next question is “How I’m going to pay for it?”

Today we can see a lot of promotions and offers out there – “discount”, “special offers”, “0% finance”, “low rate interest” and a lot more. Looking through all the deals is crucial because once you choose the wrong deal, you are in the wrong end.

You have to be aware that buying a car is not same as buying a house. The price of a house normally increasing from time to time and this is opposed to the car’s price which is going down and down as the new model and technology is being launched. Don’t forget that car insurance is also need to be considered while getting your new car.

Shop around and don’t take the first offer that comes to you. Make a survey through the current offers and choose the best offer that you can afford. Negotiate the best price with the dealers so you can get the best offer for yourselves. When applying a loan, calculate and take a shorter period because longer payment period means that you have to bigger interest. You might have to pay for the car even if you had sold it. Select the scheme that suits you need, expenses and limitation so you can manage your car finance successfully without any problem.

The promotions in the newspapers might be tempting but the thing is you have to wisely arrange you car finance deals for the sake of your happy life.

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