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Recommended car finance companies?


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I’m after some recommendations for finance companies to contact to compare to an OPC quote.

Googling scares me a little, I’d rather go off a recommendation.

Can anyone help out?

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1 hour ago, MH82 said:

I’ve had a good experience at Oracle or Capital Car Finance (depending on the vehicle price).

If the vehicle price was £60k which would you recommend? :)

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Seems you can’t recieve messages, so an abridged version below

 

Capital Car Finance 

Mark williams

01925 589 017

mark.williams@capitalcarfinance.co.uk 

 

Oracle

Oliver Clarkson

07772 698 045

oliver.clarkson@oraclefinance.co.uk 

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  • 1 year later...

I have good experience with Money Expert. The best loans at 2,5% in comparison with previous Sainsburys, 3%. Too much for my salary and income. The good thing when taking a loan from them is that as bigger is the loan at lower rates. My Mercedes CLA Class costs 25k. I'm paying 450 monthly for 48 months. But the car is brilliant, guys it's so comfortable and luxurious. It's my first car of this type, pevious I drove simple cars. But I decided to make a gift for myself, 3o years old, it's a number.

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Depending on the Porsche, a lot of specialist lenders will base their quote on the residule value of the car, after say four years. That way you can get into a £60k car for for a lot lower monthly repayments, with the balancing figure of say £20k at the end of the deal. This balancing figure is hopefully less than the trade in value of the car, so you have a deposit going forward.

Magnitude have good reports and do a lot of work with the "Youtube" generation ! 

My Brother bought a Macan via an OPC and went this route. £55k car, circa £500pm repayments and £19k to either pay to buy the car, or part ex against another car. Hopefully a 2015 Macan S will be worth more than £19k in a years time ! 

He used his old car as deposit.

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