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Car Finance

Hughesy84
Hughesy84 Posts: 512 Forumite
Im looking to get almost £3200 on car finance after I wrote my old car off! :mad:

Now iv been struggling to get a loan through the bank (referred it) and barclays (referred it) and now some car credit company called advantage have offered me a deal..........anyone got any experience of them?

24 months of £256.30 = £6151.20 for borrowing just £3183

I simply want to borrow £3200 without being ripped off!! ANY ADVICE?! :confused:

Comments

  • CLAPTON
    CLAPTON Posts: 41,865
    10,000 Posts Combo Breaker
    Forumite
    whats your income
    what other debts have you
    what does your credit file say about you
    are you on the electoral roll
    EU tariff on agricultual product 12.2%
    some dairy products 42.1% cloths 11.4%
    EU Clinical Trials Directive stops medical advances
  • Hughesy84
    Hughesy84 Posts: 512 Forumite
    CLAPTON wrote: »
    whats your income
    what other debts have you
    what does your credit file say about you
    are you on the electoral roll

    £27k

    Have debts on cards/ loan (6 months to run) - leaves me with approx
    £1000 a month to spend

    Credit file will say - multiple loan apps by loan providers in the last few days as it went to a broker (hence the big rate i think)

    Yes on electrol roll
  • DGJsaver
    DGJsaver Posts: 2,777 Forumite
    Hughesy84 wrote: »
    £27k

    Have debts on cards/ loan (6 months to run) - leaves me with approx
    £1000 a month to spend

    Credit file will say - multiple loan apps by loan providers in the last few days as it went to a broker (hence the big rate i think)

    Yes on electrol roll


    based on that rudimentary breakdown , it appears (if it`s your only option) that you can easily afford it..
  • CLAPTON
    CLAPTON Posts: 41,865
    10,000 Posts Combo Breaker
    Forumite
    what are your existing debts?
    EU tariff on agricultual product 12.2%
    some dairy products 42.1% cloths 11.4%
    EU Clinical Trials Directive stops medical advances
  • Hughesy84
    Hughesy84 Posts: 512 Forumite
    DGJsaver wrote: »
    based on that rudimentary breakdown , it appears (if it`s your only option) that you can easily afford it..

    Yeah I can afford it but i refuse to pay them double back almost over 2 years.

    Anyway turns out that they had added insurance, warranty & breakdown cover.....I spoke to them again and when they finally took it all off it saved me £1700!! Cheeky barstards! :T

    So now im happy to take out the deal - saved £80 a month off my payment
  • eschaton
    eschaton Posts: 2,307
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    £1000 a month to spend ?

    Ever heard of saving ?

    Then you really will save......
  • Yeah mate I save every month - usually around £4-500 a month.

    However prior to writting my car off, id just spent £600 on a dog, £350 on a holiday, £350 on some Christmas Prezzies & Lent out £1800....therefore I had no spare pennies in my account when I did the unexpected. If I had known a few weeks ago then id of had the cash in my account.

    Iv took the loan anyway over a 2 year period - im just going to repay it early as there is no early fee.
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