Financing the purchase of a car
CAR LOAN
AND PERSONAL CREDIT
FINANCE THE CAR OF YOUR DREAMS!
Car credits allow you to buy a car by making monthly payments over a period. As soon as you have entered into a contract with the credit agency regarding the down payment, interest rate and term of the loan, you will be able to drive your new vehicle. Although we all would like to be able to pay the price of a car, borrowing money is a common solution most of the time, more about cars on info-auto.nl.
THE REFUND PERIOD
It is essential to properly assess your debt and repayment capacities before taking any car loan process!
THE MONTHLY PAYMENTS
It is important to anticipate the amount of the loan to guarantee its ability to pay monthly the instalments throughout the term of the loan.
THE OVERALL EFFECTIVE RATE
The OER is the overall cost of the loan. It considers the costs of setting up a guarantee, administrative costs, tax, insurance, etc.
THE KEY POINTS ABOUT CAR LOANS
LOAN INSURANCE : ESSENTIAL
Having recourse to a loan insurance offers additional security for the customer but is not mandatory in France.
DO YOU NEED TO SIGN UP TO AN ONLINE CAR LOAN?
Getting an online car loan may seem practical, but there may be some disadvantages…
CAR LOAN BETWEEN A NEW OR USED CAR
A comparison between new and used car loans can be useful if you want to buy a car.
COMPARE AUTO CREDIT AGENCIES
It is advisable to have a few quotes from different establishments before buying your car!
CHOOSE YOUR LOAN CAR CAREFULLY
Think about the simulation!
Use the auto credit simulation to estimate monthly payments and find the lowest rates. Then, you can buy the vehicle that suits your budget and negotiate the best offer.
An auto credit simulator calculates automatic payments over the term of your loan. Enter your information to find out the amount of your monthly payments. You can adjust the loan term and interest rate to see how these changes increase or decrease your payments… Discover more on deluxeautomagazine.com.
SHOP AROUND
BE FAMILIAR WITH THE LAW
PURCHASE OF A NEW CAR FROM A CAR AGENT OR A DEALERSHIP?
When you decide to buy a new car, one of the most important decisions you will have to make is to choose between going through a car representative or a dealership. To help you making an informed choice, we will examine the differences between these two options.
That is, dealerships must comply with the manufacturer’s price, while car agents can buy anywhere in Europe…
At the dealership, wa can find vehicles from the same brand whereas the car agent offers vehicles from all brands.
Dealership or car agent, everyone has his advantages and disadvantages…. More on car-articles.co.uk.
BUY OR RENT YOUR CAR?
Since buying a car is one of the biggest investments you can make, it is wise to look at all your options. Renting and buying have advantages and disadvantages like renting or buying a house…
LOAN AUTO: THE PROFILE OF THE TYPICAL BORROWER
according to Le Figaro, the “typical borrower” is a man aged between 25 and 39 years old, in a couple, who borrows more than 9,299 euros, over 37 months or more, to buy a used car over two years old”. Of course, this profile varies from one region to another….
BUYING A CAR: THE FORMALITIES TO BE CARRIED OUT
CAR PURCHASE: HOW TO DO IT?
Buying a new car is a big step, but it should not be intimidating if you know how to do it. Searching, locating, pricing and negotiating the purchase of your new car are mandatory. Mobile technology makes these steps easier than ever, and it is now quite possible to buy your vehicle while queuing at the supermarket or waiting to pick up the children.
It is also important to remember that before picking up the keys to your vehicle and celebrating, there is an important step to complete: the paperwork! Most of us tend to skip this step, especially those who are buying for the first time. Moreover, it can be a boring part that you would rather leave to your father or an older person.