Used Cars On Finance For £50 per month - Cheap Cars on Finance
Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.
Up for sale and available to take for a test drive is this Hyundai Getz Gsi available in black; this second hand model has got 46,648 miles clocked up on the dashboard and comes fitted out with a 1.4 Ltr petrol motor.
Now available to view at this dealer is this hatchback Civic with 113,000 miles clocked up on the dashboard, manual transmission and a 2.2 LTR diesel engine.
Get this second-hand Vauxhall Corsa for £1,995. Finance plans begin at only £ monthly for this motor that is fitted out with a 1.4 L petrol motor with manual transmission.
Having 202,000 miles on the dash and finished in blue, this estate BMW 3 Series 2.0 320D Exclusive Edition Touring Euro 5 Ss is fitted with a 2.0 ltr diesel engine and manual transmission.
This second hand car has clocked up 106,000 miles and is equipped with a 1.6 LTR petrol motor and automatic transmission. First Registered in 2009, this C Class is available for sale at just £1,989.
This dealership in Thornbury has a low price of just £1,999 on this mpv with a 2000 cc petrol motor, automatic transmission and 75,700 miles on the clock.
On the market and ready for you to take home is this hatchback vehicle at the superb price of just £1,500. This dealership in Hatfield also gives its customers the option to purchase using manageable monthly instalments to suit all budgets with repayment plans beginning from as little as £ per calendar month.
Painted in the tone of gold, this saloon second hand car is fitted with a 2.4 Ltr diesel engine with automatic transmission and has 153,000 miles clocked-up on the dash.
Available for a test drive upon your request is this BMW 1 Series 2.0 118D Se Euro 5 with 131,000 miles clocked-up on the dashboard, manual transmission and a 2.0 Litre diesel engine.
At this car dealership there's a terrific price on this used Mazda 2 with 105,550 miles on the dashboard and a 1.3 litre petrol motor with manual transmission.
Available for viewing at our dealership in Beckenham is this very popular car manufactured by Volkswagen which has got a petrol, 1.4 L engine and manual transmission. It's on the market in the tone of silver with 111,000 miles clocked up on the dash.
On the market and ready for its next owner to drive away is this C3 that
has manual transmission and a 1.4 ltr petrol engine. This second hand one currently available from this dealer has 87,000 miles clocked-up on the dashboard.
Best known for its dependability, this Fiesta is equipped with a 1.2L petrol motor and manual transmission. This dealership currently has this second hand model in stock that has got 75,473 miles on the dashboard and a purple finish. It's available at the really amazing cost of just £1,499 or through making monthly repayments commencing from £ per calendar month.
On offer and ready for its next owner to drive away is this Touran that incorporates a 1600 cc petrol engine with manual transmission. This second hand model at this dealer priced at £1,950 has 119,000 miles on the clock.
This reliable and trustworthy Civic has got a 1.6l petrol engine with manual transmission and it has 132,157 miles on the dashboard. Grab the opportunity today to own this second hand model that is priced at only £1,295.
On offer and ready for its next owner to drive away - second hand mpv which comes with manual transmission and a 1.6 L petrol motor. Get it at the outstanding price of £795 from this dealer in Leeds.
Coming in the shade of grey, this Renault Grand Scenic has 105,830 miles clocked-up on the dashboard and incorporates a 1500CC diesel motor with manual transmission.
On offer at the superb price of only £1,995 is this Fiat Grande Punto which is fitted with a 1.4 ltr petrol engine and manual transmission. This second hand model comes in grey and has 66,000 miles on the clock.
A hatchback car manufactured by the Toyota company that gives drivers a higher standard of durability and a more reliable performance than most ordinary cars. This particular second-hand Toyota Aygo 1.0 Vvt-i 67 Bhp comes in this tone of red with a petrol 1000 CC engine, manual gears and 71,000 miles on the dashboard.
We'll be honest getting a car on finance for £50 per month isn't going to be easy and it probably isn't going to be a fancy car. However, it's essential to find a finance deal that suits your budget and doesn't leave you paying more than you need to in the long run. We'll explore five tips that can help you secure the cheapest used car finance deals in the UK.
Check Your Credit Score
Your credit score plays a crucial role in determining the interest rates you're offered. Before you start shopping for car finance, check your credit report for any errors or inaccuracies that could be affecting your score. If your credit score isn't as high as you'd like, consider taking steps to improve it, such as paying down existing debt, making timely bill payments, or avoiding taking out new credit.
Shop Around for the Best Deal
Don't limit yourself to the finance offers available at the dealership. Shop around and compare rates from multiple lenders, including banks, credit unions, and online finance providers. You can use online comparison tools to get an overview of the best deals on offer. This will give you a better chance of finding the lowest interest rates and most favourable terms.
Choose a Shorter Loan Term
While longer loan terms may result in lower monthly payments, they usually come with higher interest rates, which means you'll end up paying more over the life of the loan. Opt for a shorter loan term if you can afford the higher monthly payments. You'll pay off the loan faster and save money on interest.
Save for a Larger Deposit
A larger deposit reduces the amount you need to borrow and can help you secure a lower interest rate. This means you'll pay less in interest over the term of the loan. Additionally, having a significant deposit demonstrates to lenders that you're financially responsible, making them more likely to offer you a better deal.
Consider a Hire Purchase Agreement
A Hire Purchase (HP) agreement may be a more affordable finance option for used cars. With HP, you pay a deposit upfront, followed by fixed monthly payments for the duration of the agreement. Once the final payment is made, you own the car outright. HP agreements often come with lower interest rates compared to other finance options and can be an excellent way to get a cheaper deal on a used car.
Conclusion
Securing the cheapest used car finance deal in the UK requires a bit of research, planning, and smart decision-making. By following these tips, you can increase your chances of finding a finance deal that suits your budget and allows you to drive away with the used car you want. Take the time to compare offers, consider your finance options, and ensure that you're making a decision that works for your financial situation.