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Would a car finance deal save you money?

Louise Cooper looks at the finances of buying a car. Consumer confidence might be boosting sales but around 86% of private buyers rely on finance agreements to make the purchase, over £18bn was advanced to consumers for new car purchases and a further £13bn for used cars last year say The Finance and Leasing Association. So how does car finance work and how easy is it to compare the actual price of a car with so many different offers, interest rates, deposits and final payments in the mix? Louise talks to Chris Lloyd, Finance Editor at the automotive website Parkers.co.uk.

First broadcast on Money Box, 29 March 2017.

Release date:

Duration:

4 minutes

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