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Extortionate car finance

attero.attero.attero · 2014-03-07 15:27:08

Hey I purchased a car in 2011 on finance that was evaluate at £5995. I paid £500 as a deposit straight away. I traced the car financial company up today because I had no idea who the finance was through, I eventually found them and I asked how long was left and they have told me another 3 years. I pay £140 a month.... now…

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BillJones Posts: 2,187 Forumite

10 March 2014 at 11:30AM

Car_Complaints wrote: »

You will like this one

https://www.welcome-car.org.uk/

49.9% APR

I paid 42% when buying my first motorbike. £1,00 loan, £100 per month for a year.

I was starting my first job after college did not want to live where the job was, and this was by far the best option for me.

A high APR is not necessarily a sign that the deal should be avoided.

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Extortionate car finance

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