There are different options available for buying a car, and buying on finance seems to be the most generally accepted methods available. We will not dwell on the controversy between a used and new car, as information abounds on this debate on platforms like reviewsbird.co.uk. If you do decide on a used car, however, buying on finance is considered easier on the buyer, since it means paying every month for a used car, which roughly translates to the seller loaning out the car to the buyer until the price of the car is covered.
There are different schemes under the car finance umbrella, such as the hire purchase, personal contract purchase, car loans or dealership financing options, among others. For more information about how each type operates, it is best to read reviews of car dealers on different independent websites. When buying a car on finance, it is important to know the advantages, which include not having to put down a chunk of money at once, cheaper insurance, less tax, while the right deal can have additional advantages of adds-on such as warranty extensions, service discounts, breakdown cover, gap insurance, paintwork protection, etc., all of which you might have …