Car finance basics

Car finance can be seen as confusing, with new terms to get your head around and different options to consider. It doesn’t have to be overwhelming and car finance can be a great option to get you into your next car quicker.

At Hilton Garage, we want to make your car buying journey as easy as possible so here is a rundown on car finance, so you have all the information you need, before you even step foot in a dealership.

When you take out car finance, you simply pay the amount over a number of months or years, instead of an upfront payment. Now, there will be interest rates to consider but these will be fixed in place for the duration of the agreement and they will be laid out for you to see prior to taking on the agreement and the vehicle.

There are different types of car finance, with the main ones being Personal Contract Purchase and Hire Purchase, as well as bad credit car finance. Now, it will totally depend on your circumstances which type of finance is right for you, or if it even right at all. That’s where the experts come in.

We know that your next car purchase is a huge decision, and whether or not you opt for finance is a big part of that. Our team will be on hand to help you navigate the options and to find the one that is right for you.

Whether you know what you’re looking for or you are completely in the dark, we have experts on hand to answer your questions and find the car you are looking for.

Finance can have many benefits, such as affording a newer or nicer car but it is also not for everyone. If you would like help and advice on car finance in Derby then get in touch with a member of the team.