Best way to borrow for car?

Best way to borrow for car?

Postby Nuth69 » Thu Mar 25, 2010 7:46 am

I am quite young, and need to raise the finance for my first (well second but we won't go into that), car and I am having some problems.

Despite reading the tips found here http://www.cozyprices.com/how-to-get-a-good-deal-on-car-loans.html I am still stuck, as I am just too young I think to get a proper loan.

There is one of those "cars for cash" places at the end of my road, and they offer finance, but the interest rate seems quite high? Will they be trustworthy?
Nuth69
 
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Re: Best way to borrow for car?

Postby Ohoh » Thu Mar 25, 2010 7:48 am

Stay away from those places! One just stitched me up entirely when I sold them a car, real bloody crooks!

Police would do nothing about it, said I agreed to the deal when I signed the paper.
Ohoh
 
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Re: Best way to borrow for car?

Postby Bear455 » Thu Mar 25, 2010 7:50 am

I agree with the poster above, don't go near those cars for cash places, they are mostly crooked.

And whatever you do don't take them up on their offer of finance! The interest rates are just too high, should be regulated but it isnt.
Bear455
 
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