Tag Archives: Cheap Car

Effective Methods of Availing Cheap Car Loan

  By John | January 13, 2010 - 12:41 pm | Low Cost Car Insurance
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A loan can be cheap only if it comes with low APR. It is the Annual Percentage Rate that reflects the overall cost of the loan. It includes the interest rate, processing fees, early repayment penalty etc. Thus, if you are looking for Cheap car loan to finance a set of wheels then you have to consider the deal in terms of the APR. Simply taking a customised option bearing the same name will not serve your purpose.

There are various factors that contribute to make a car loan deal cheap. In order to make your car loan really cheap you have to apply some methods. Your endeavour should be to save as much penny as possible. The first method you have to apply is to take secured type of loan. It comes with lower interest rate. Though interest rate is not the only cost of a loan, it reflects the major portion. So, you can curb the cost of the loan to a greater extent by keeping the interest rate low.

The other method is to check the contingency fees and to try to save as much amount as you can. Some fees are there that you cannot avoid at all. Like, if you apply for secured Cheap car loan, you have to pay the collateral assessment cost. But certain fees are there that you can do away with. For example you can take the case of payment protection insurance (PPI). If do not find it necessary then don’t go for PPI.

The next thing you can do to get a car loan at cheap rate is to search the market extensively. Existence of multitude lenders has made the loan market highly competitive. Some of them sell loans at nominal cost just to outdo other lenders. You have to hunt out such type of lender and compare them with others. The method of research and comparison has already been proved to be an effective means of availing suitable deals. Naturally, it will also work fruitfully for you.

Joanne Clive
http://www.articlesbase.com/loans-articles/effective-methods-of-availing-cheap-car-loan-113177.html

Buying a car as a young driver 17 years old and in the UK?

  By John | December 24, 2009 - 8:51 am | Low Cost Car Insurance
5 Comments

Okay im soon taking my driving lessons so i can learn to drive to and from college as my mom recently had an accident and it has put her off driving so she cant take me no more.

Im looking for a cheap car, low running costs and lowest insurance as possible. I dont really earn much being on a minimum wage.

Please give me advice with links!!!!

Thank you

Best place to look would be auto trader or even your local newspaper.

You should be able to pick up a cheap car thats nothing special probably a 1.2 or 1.3L for about £500

Insurance may be a little high for your first time, but places like tesco or virgin do the best deals ive found.

At least if you buy a cheapo to start with if you do bang it etc its not a big worry. ( Or even if it breaks )

Hope this helps in any way.

-G

Low cost car?

  By John | December 17, 2009 - 1:20 pm | Low Cost Car Insurance
5 Comments

I need a car really bad. My car’s transmission just went and it aint worth getting fixed. I am looking to spend $1000-$2000 on a car. I know these days that really cant get you too much in the auto world. Also I have heard of these "drive a car for free, all you do is pay the insurance" is that a bunch of bull.sh.it cause thats what it sounds like

I would use that as a downpayment and buy a cheap used car like a 2003 sentra or taurus something in that range. Dont buy junk you will spend more fixing it up than you would spend on payments. And have a mechanic that you trust look it over, its worth the $50-$100 he might chargd.

10 Years in auto Biz

Good, Cheap, Low Insurance Cost, 1st car for a 19 Year Old?

  By John | October 14, 2009 - 10:40 pm | Low Cost Car Insurance
4 Comments

Should be taking my driving test very soon.
Ive looked at cars i would like to have. But obviously the insurance is much to high.

Any body got any good ideas which would be a good car for me?
can pay up to £2000 for the car. because I’m not paying for it. all i have to fund is the insurance.

So any low insurance cars around?

I’m 17 and drive a Land Rover Defender, my insurance is £320 a year because my dad is the policy holder and i’m an additional driver, my insurance for me without my dad as policy holder would be about £4000. £320 is good considering it’s a £30 000 2.5 litre monster. Try getting your parents to do that for you.

As for cars, something small like a Clio or 207, go for a diesel because the running costs are cheaper and they are usually cheaper to insure as well.