When you are looking for car finance you should look for an independent financial adviser or IFA as they are known. As their title states they are independent of any company or product and work to get whats best for you.
If you already have car finance then you can do what many of us to with other services, look at the market after and go for a refinance deal. This could lower your payments monthly, it may be a little or it may be a lot. If it is the small amount then this could add up over the course of the year or it could be enough for an extra treat each week.
When looking for car finance and you are trying to decide on an IFA go for one who has a good reputation often they will display testimonials on the website so try to look for one who have either saved clients money or have a good reputation.
You should also look for information about their processes. The process in which you will go through and how much money or time or effort you will need to go through before you actually get the quote. An application process should be very simple and should not require intrusive or excessive amounts of information at the initial stage just some basic information about yourself and the car you are buying or refinancing.
When arranging your car loan or car refinance deal, make sure you compare the market to get the best deal. Remember though, each application you submit will be marked against your credit file which could affect your credit rating. Chose the one that suits you and away you go.
Hire purchase (or lease purchase as it is sometimes known) can now be done easily for personal use through Personal Contract Purchase (PCP). This is a great way to finance a new car. As will all car finance or refinance deals, make sure you get it all in writing before you commit.