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Car Purchase schemes

bushcaro
bushcaro Posts: 542 Forumite
in Motoring
We need to replace our car and would appreciate any feedback on car purchase schemes - are they any better than getting a loan?
Any that are better than others?

Comments

  • owey
    owey Posts: 832 Forumite
    I find the only problem with these, are that if you decide not to buy the car you will lose your deposit. Also when you take it back to cancel or upgrade they will take any damage inc dents from other drivers doors into account, but lets not get into that one.
    But then again if you don't want any other bills and a new car every 2/3 years there O.K. Have you looked into car leasing instead?.
  • bushcaro
    bushcaro Posts: 542 Forumite
    No - only ever bought old bangers before...how is car leasing different? Any suggestions?
  • owey
    owey Posts: 832 Forumite
    car leasing you never own the car and you will never have any bills as the leasing will pay for them. But the other give you the option to buy at the end of the term.
This discussion has been closed.
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