Finance recommendations

[gjf764]

Not sure if this is the right place but just wondering what people do for finance on used cars? Do the dealers offer the best PCPs etc or are there any specialists that anyone can recommend please?

Oracle and Magnitude don't really offer much difference as far as residual values go

[nick_exige]

The big banks are best for car finance (PCP etc), offering very low interest rates. Otherwise you can try Richard Foster at Meridian finance (https://www.meridian-finance.co.uk/), hes a member on Seloc and can help.  

Edited June 10, 2020 by Bravo73

[Guest]

Go through your bank rather than in house finance companies. That would be my course of sourcing finance. 

[hedgerley]

I've put a few cars through these guys and can highly recommend them. Rob and Lauren really know their stuff and as a broker they have access to a range of lenders and schemes including asset finance and equity release. Their newsletter and market information is always interesting to read and customer service is top notch. They are also real petrolheads....

https://www.classicandsportsfinance.com

[RoflOnMyWaffle]

I used Capitalcarfinance for mine, beat the dealers and magnitude by some distance.

I did a PCP - 5.3% APR.

£50k purchase price

£12500 deposit, 48 x £470 ish for a total of around £56k. GFV of £22k or so.

[gjf764]

Thanks all, really appreciated.