Read Articles:

 Auto Loans: Don’t Dig a Money Pit in Your Garage

 Get an Auto Loan the Smart Way

 Using Payday Advance Loans Wisely: Emily’s Smar...

 Selling Online for Newbies

 Auto Loan Options for People with Bad Credit

 Credit Damage: Getting Compensated for Your Loss

 Do You Need Bad Credit Help

 The Art of Employee Motivation

 Are You Wealthy Yet?

 Car Insurance Estimate

 Auto Insurance Rates

 Tips for Saving Money on Car Insurance

 How To Fulfill Orders In Your Sleep

 A Home Based Business That Works

 Have You Done Your Cultivating Today?

 Improve Your eBay Auction Selling Technique

 Start A Hauling/Shopping/Taxi Business

 What’s the .382 Fibonacci Ratio in Forex Trading?

 Employee Evaluations: Four Tips to Help Manager...

 What is Lead Generation? -

 Coaching Generation X


 Doing the Right Thing--Even When Her Job Was At...

 Profit consistently at Online Poker

 7 No Cost Tips to Market Your Business

 The 12 Reasons Why Most Ads Fall Flat On Their ...

 Sales Commission - What Return Should You Expec...

 Boosting Employee Morale With Employee Surveys

 What I Have Learnt As A Beginner To Internet On... Reports – Homebuilder Sec...

More Article Pages 1


Used Car Loans
 by: Matthew Bourne

Want to buy a used car but just don't have the funds sat in your bank account? If so, why not consider taking out one of the many used car loans available on the loans market.

Used car loans are specifically designed by loans companies to provide used car buyers with a competitive finance arrangement through which to purchase a used car. Flexible loans terms are available from used car loans companies, as well as low APR deals suitable for used car purchases. Used car loans of up to £20,000 can be arranged on an unsecured basis, with loans companies offering higher loans amounts if security is supplied.

Advance plan your used car loans

When buying a used car it pays to do some advance planning and arrange your used car loan ahead of the search for a used car. There are many loans companies out there offering loans for used car purchases, so it makes sense to shop around to get the best loans deals for buying a used car. Look for car loans that are flexible to your needs and offer a low APR, so your monthly used car repayments on any loans taken out won't be sky-high.

As with all types of loans, you should first determine how much you can afford to borrow on loans to buy a used car. Loans calculators are available on the Internet and can be used to calculate loan and repayment amounts in accordance with different APRs. It is important to take into account other financial commitments too, including other loans, when calculating the loans amount that you can comfortably borrow to purchase a used car.

If you intend to buy your used car from a used car trader where they offer car loans / finance for their used cars, then do make sure that the loans deal you sign up to is better than the loans deal that the used car trader can offer. The APR rate is the critical thing here. On car loans tailored for used car purchases the APR rate - i.e. the rate of interest you'll pay on top of the used car purchase price - can be as low as 6%. Finance loans deals through used car traders may have a higher APR, so pushing the total cost of buying a used car up to an unacceptable price.

One final thought. When negotiating the price of a used car with a trader, they may accept your lower offer providing that you take up one of their loans to finance the used car purchase. If this is an option then do check the terms and conditions of their loans carefully, paying special attention to the loans APR rate, as the savings from your negotiation on your used car may not be as attractive as first imagined when you consider the final costs attached to their loans!

©2005 - All Rights Reserved