car finance or loan?

[Blown2CV]

does it matter as far as credit goes? The loan would be secured against the house I imagine, whereas the finance would be secured against the car...

i remember hearing salesmen say that if you have car finance then it won't affect your ability to take a loan out for another purpose during the finance period, but if you take a loan out for a car then you might find it difficult to get an additional loan if you might need to for another non-car related purpose... is this just salesman flim-flam or is there any truth in it?

I only ask as the loan is considerably cheaper for the same period and loan amount.

[Blown2CV]

i guess another factor is the arsing around when you come to see it, finance showing against that needs clearing and moving money around to set the buyer's mind at rest etc... if it was just loan then it wouldn't show against car