With a low rate internet loan, you could save more than £1,000 and with the cash in your pocket, you are in a much better position to haggle on the price.. On a Renault Clio, for example, a buyer with an £8,650 loan and a 10% deposit pays a total of nearly £10,500 using the manufacturers' finance. With interest rates on loans lower than they have ever been, it makes sense to use a personal loan rather than the finance offered by the car dealer, even though the dealer will do all he can to convince you that his finance is cheaper. With a low rate loan to buy your car can save you hundreds, if not thousands of pounds.
On a Renault Clio, for example, a buyer with an £8,650 loan and a 10% deposit pays a total of nearly £10,500 using the manufacturers' finance. With interest rates on loans lower than they have ever been, it makes sense to use a personal loan rather than the finance offered by the car dealer, even though the dealer will do all he can to convince you that his finance is cheaper. Using a low rate loan to buy your car can save you hundreds, if not thousands of pounds.
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