If you’re buying a new car and you don’t have the cash to pay for it upfront then you may wish to either buy a car on finance or take out a car loan. Before choosing one or the other you should consider which is cheaper for you and which you are eligible for.
Many car retailers will offer finance on both new and used cars and many of their deals are excellent but before you go with this option see what rates you are eligible for on a personal loan.
Many banks and loan providers offer excellent rates on personal loans about £7,500 and some loan providers can offer excellent rates on loans taken specifically for the purpose of buying a car, you should look at both options.