Lifestyle

Should you get a car on finance?

For most big purchases, paying in cash saves consumers from having to worry about the scourge of interest charges. As such, in the long run, a cash payment is the most cost-effective method of buying a car. However, if you don’t have a spare £13,000 in the bank — the average cost of a used car in the UK — you’ll need to explore other funding options. One possibility could be a car finance plan. Effectively, this is a loan...

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