Used car loan

121212

just wondering if anyone has any experience using usedcarfinance.ie?
Have never really borrowed from any institution other than the main banks before so a little wary. Unfortunately my main bank are a little reluctant to lend this time as thiink I'll be a bit too stretched.

Atlantic Dawn

They are slightly more expensive than the Banks but I would assume they will have similar affordability criteria. Credit Union might be a better option, really depends amount you need, if there's affordability questions from the bank you need to assess whether you can actually afford the car, factor in runnings costs and insurance etc.

10k over 48 months
Cost of Credit €2,342 (APR 11.27%) usedcarfinance.ie
Cost of Credit €1,813 (APR 8.95%) AIB

ShadowHearth

Unfortunately if you want to buy used you are at mercy of your bank, credit union ( only of the have a deal going on at lower apr, otherwise it's same as bank) and garage itself from who you buying.
Bank now are pretty much on 8-9% Apr
Some garages go from 3.9% - 12%++

The worst I sow in UK garage doing 16.5% Apr on a 3K car. Which was completely bonkers money in the end.

unklerosco

I've used them before and they're grand, found them very helpful to deal with. Customer service was great, far easier to deal with than my bank!