Top five reasons why dealer finance works for customers
22 November 2024• Dealer and Customer News• Read time 3m
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Approval - As the finance company retains ownership of the vehicle until the final payment is completed, this security increases the likelihood of individuals being approved for financing, as compared to a personal loan.
Convenience - Customers can visit a car dealership, choose a vehicle and discuss finance options with a specialist, all in the same place.
Payments - The interest and monthly payments are fixed at the outset, making budgeting easier.
Acceptance - People with past credit issues or no credit history are more likely to be accepted for motor finance than with a personal loan because of the secured nature of the agreement.
Reassurance - Car dealers offering finance are credit intermediaries authorised by the Competition and Consumer Protection Commission (CCPC).
we're proud sponsors of the Finance Section of the latest Carzone Motoring Report 2026 which gives great insight into what consumers are thinking when it comes to choosing and financing their next car.
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