Who do you use for car finance?

[barrieeld]

Was looking to get a 4x4 (budget £30k) typically ive always took a loan out or more recently leased but am looking at PCP as an alternative option...

Whose the best for specialist cars Oracle Finance? What other companies do people use?

Also as far as PCP goes do you hand the car back after the term of do you need to pay the balloon?

Any help would be great!

[JakeT]

My wallet as I'm PH and will only pay cash.

Joking, my mum leased her Fiat 500 recently and went with Fiat's in house financing. FGA I think they are and she's had no issues. Can't really comment on the interest rate and such as I have no idea. All I would say is the one that with the workings out is the cheapest depending on your circumstances. And read the fine print about condition should you decide to give it back.

[Osinjak]

Look at the in-house stuff first, some of them can be quite reasonable. BMW do 4.9% on some of theirs and with their discounts, their deals can be quite competitive. I did one quote with Oracle some time ago and I was a bit pissed off that their advertised figure was way off the the figure they gave me. As for balloon payments, you don't need to pay it, you can hand back the car and walk away if you want. It's your choice.

Edited by Osinjak on Tuesday 2nd September 15:02

[MrBarry123]

As already said, certainly for new cars, in-house offers tend to be more competitive / as competitive as external offers - plus you can negotiate certain perks e.g. free servicing for 1000 years etc.