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Car finance isn’t for everyone but it can be useful to those who need it. I’ve spoken before about our experiences with car finance and why we had to opt for it – we were borrowing someone else’s car after ours completely broke down and Steve needed a car for work but didn’t have enough in savings to buy outright. We managed to find the perfect car for our needs – a big family car with plenty of boot space that was cheap and easy to run and got Steve to work and us around when needed – for affordable repayments.
It can be so tough trying to work out which is the best deal for your personal needs though which is why I wanted to introduce you to the Motorparks’ Interactive Car Finance Calculator. Asking you questions such as the cost of the vehicle, the deposit amount, the length of the loan and the interest rate, it works out the total to pay and how many payments that would be. It really aids you in finding the right deal for you – after all, you need to make sure that the repayments are affordable and that the car is perfect for you. There is no point opting for a car that doesn’t suit your needs but is affordable or one that does suit your needs but isn’t affordable, is there?
The car finance calculator also works well alongside the motoring costs calculator. This calculator helps you to find out both the fuel costs and running costs of any vehicle that has caught your eye. If you use the motoring costs calculator and find your perfect car then you can quickly use the car finance calculator to see if it works for you. Great, right?
Car finance totally saved our bacon a couple of years ago – if we hadn’t managed to get a car then Steve wouldn’t have been able to get to work and would have lost his job. It really came along at the right time for us and whilst not everyone is a fan, I am. This is why I think these tools are so great. Would you ever use them – or in fact, have you used them before?
