Car Finance and Car Finance Companies
If one has set his eyes on a wonderful car but the size of his pocket restrains him to buy one, then opting for Car Finance is the best way out since they claim to be specialists in car finance, helping the customers to finance their cars in the most cost effective way.
The Car Finance Dealers help the customers in the following ways:
Provision of retail automotive financing
Provision of wholesale financing
Provison of capital loans.
Car Finance cover both old and new cars.
The car finance services rendered by the different car finance dealers or brokers can be discussed as follows:
Private Purchase Plan
1. Traditional Purchase Plan: In this scheme the buyer has to start with an initial deposit which has to be 10% and above.
2. Flexible Purchase Plan: Here the buyer can postpone the payment till the expiry of the contract. In this scheme the buyer agrees for the final payment taking into account the age, mileage and the use of the car.
3. Advantage Plan: Here the buyer has the option of not making the final payment and returning the car .
Business Purchase Plan
1. Traditional Finance Plan
The buyer here has to pay for the cost of the car and the interest in fixed monthly installments.
2. Flexible Purchase Plan: Similar to the private flexible purchase plan , payment of a lump sum amount is allowed at the end of the contract.
3. Advantage Plan: The buyer can choose from 24 , 30 or 36 monthly payments.
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