There are different ways to buy a car, and which one is right for you will depend on your own circumstances. Here are the different ways so you can decide which route is the one for you.
The oldest in the book, buying outright. This is where you pay for the whole of the car upfront and it is yours to drive away. There are benefits to this such as not having a monthly payment to think about and being able to do what you please with the car. This is a great option if you have the cash to spare.
Car finance is ever growing in popularity and it is easy to see why. It is where you pay a deposit upfront and the rest of the value of the car is paid back over a set amount of months or years with regular monthly repayments. This is great option if you want to spread the cost and it often means you can afford a nicer or newer car than if you were to buy outright.
With both of the above options, you have the option to add in a part exchange. This is where you sell a car you own to us and we part exchange it against the new one you are having. It brings the value of the car you are buying down and can make the purchase more affordable. It also saves you the hassle of finding a buyer.
If you are looking to buy a car, get I touch with the team at LMC.