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Car Finance Types

Posted on 28 February, 2019 by Martina
82 out of 100 based on 596 user ratings

mobizim.com -Car Finance Types Hire purchase. This is a simple type of car finance. You usually pay a deposit of around 10%, then you make fixed monthly payments over an agreed period.


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Car Finance Types plained. Car finance might seem daunting, but in reality it's just a simple two-stage process. The first stage is to decide on the type of deal you want: loan, lease, hire purchase, or dealer finance.

Pcp, pch or hp? car finance explained. You own the car while you’re paying off your loan. This means you may be able to sell it, but you do have to confirm this with the lender. You may be able to pay a smaller deposit than some finance types. You may be able to make additional payments if you want to pay your loan off sooner, or pay your loan off early in full.

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