Car finance help and advise needed

rhino_horn

bigjl wrote: »

If anybody knows of other dealers that have access to poor credit financing aswell as mainstream lending without adding a premium to the car being sold could perhaps add it here.

I'm an independent dealer and we treat all out customers the same regardless of how their car is financed. Probably not allowed to post our company name up here but happy to PM it to anyone who wants to know who we are

foxy-stoat

undlou wrote: »

That is really helpful, thank you. I will look into finding a cheaper loan. His credit rating is great now so should have some chance in finding one.

As for everyone mentioning the price of the car and the finance, I am totally aware of how ridiculous the charges are and I would never had let him gone ahead with it (this happened before we were together). My partner wanted this car and unfortunately he had zero credit and he was happy to pay the extra. Lesson learnt. A very expensive one at that.

Get a settlement figure off the finance company and see if he can find a loan for the same amount with a better rate with the same repayment term. If he cant better the rate then he needs to stay put and keep paying.