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Advice on Used Car Finance

  • 30-09-2014 03:56PM
    #1
    Eddie2008
    Registered Users, Registered Users 2 Posts: 49 ✭


    Husband and I have been researching our options to upgrade his car; 08 Passatt which has caused us no end of problems and money...

    In order to change, we will need finance, however the interest rates on used cars does not seem very appealing. Dealers are saying 10% on used or go for an attractive interest rate on a new one (PCP).

    We feel the Dealers we have spoken to are just pushing the new car option at us, when what we want is a reliable few year old car.

    Are there any Dealers out there offering attractive finance deals on used cars? Our budget would be about circa 15K; trade in 5K plus 10k finance, based in Dublin. He does like the Sportage...

    Would appreciate any advice, thank you.


Comments

  • #2
    GaGa21
    Registered Users, Registered Users 2 Posts: 653 ✭✭✭GaGa21


    We're car hunting at the moment too and have found VW bank/dealers with the best finance option. 5.9% on used models-good if you're prepared maybe to go for passat again? We've had our passat for 8 &1/2 years with no issues at all until recently so don't be put off all VW.


  • #3
    fmcg_scribe
    Registered Users, Registered Users 2 Posts: 561 ✭✭✭fmcg_scribe


    I suspect that it would be difficult to negotiate PCP for a car that's more than 3 years old.


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