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(Large) Car Loan
willowgarth
Posts: 1 Newbie
in Loans
I currently have £47,000 on car finance with Paragon paying 9.2% APR over 5 years. I am looking for a better deal if one exists - any thoughts?
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sounds like my mate - 70 K on a porsche something or other for his girlfirend
but Im sure he paid cash
its a bit silly to finance this sort of purchase
gibbynever take advice from broke or unsuccessful people
Jim Rohn0 -
Stupid taking on so much debt to pay for a car.
"I drive a Porsche."
"Yes, but wouldn't you rather *own* a Porsche?"0 -
Its my dream to own a porsche, the only way ill ever own one though is by buying one that needs alot of work and TLC to restore it, once I get a hosue with a garage, thats what ill be doing!
Anyway taken this thread off topic so sorry!0 -
Such a large amount would be a struggle, would have to be a secured loan which have a higher APR, maybe 2 unsecured loads? Think you can get about 6% at the moment. Or maybe using Life of Balance credit cards but you would struggle to get a limit that high, actually probably near on impossible, unless you already have a collection of cards handy?2p off is still 2p off!0
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