It depends on the type of agreement you’ve entered into. In a Lease Purchase (LP) agreement, for example, a balloon payment is an integral part of the deal and has to be paid. If you’ve opted for a Personal Contract Purchase (PCP), however, then a balloon payment certainly isn’t necessary. PCP deals are popular due […]
This year, you may have noticed an increase on your Vehicle Excise Duty (VED) – otherwise known as vehicle tax. From April 1st 2019, vehicles were hit with a higher VED, impacting thousands of road users across the UK. The increase of VED rates for cars, vans and motorcycles was made in line with the […]
You might remember a time, not too long ago, when everyone wanted a diesel car. Rewind a few years back to 2011 and the popularity of the black pump had gone through the roof, with diesel cars making up 56% of the car market – a huge increase of 37% when compared to a 19% […]
There are many reasons you might want to find out the value of a car. Perhaps you’re eyeing up a new motor? You could be thinking of trading in your current car and putting the funds towards a new one, or using the money to pay for a holiday? You might even just be curious […]
What is car finance? Car finance is a way of paying for a car over a period of time, rather than in one lump sum. It’s a popular option and suits buyers who would rather spread the cost of a car that might otherwise be unaffordable to them. You have several options available when it […]
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