Do you need guaranteed car finance?

There are quite a few financing options available when considering buying  new car.

My car had its MOT last week and this time there was something wrong with the handbrake. It cost me £99.

Last year I had to replace the windscreen wiper mechanism and the entire electric dashboard thing (ia m so technical!)  needed sorting out. Plus 2 new tyres.  Funny lights still go on and off. It’s shabbier looking than Del boys 3 wheeler ooh and once it got set on fire too by a bunch of kids who did about 5 cars on our street. It has seen better days.

I think it’s done its time and paid its due. It seems to cost me more and more money each year and I worry about it a lot.

That’s no use, is it?

As a mum I have very precious cargo.

 

I actually quite like the idea of renting a car so once the rental is paid all I would have to think about is insurance and petrol no nasty surprise bills. They are the ones that throw me off track money wise!

Other options include being on higher purchase which is the traditional way to buy or alternately you can finance through a scheme called the Honda aspirations scheme which is one of the most cost-effective ways to buy a new /used Honda with low monthly repayments and an option to return, pay off the cars guaranteed future value or part exchange the car at the end of the repayment period.

I had no clue there were so many options.

Because I take my kids out and about it is important for me to have a safe good quality car and a newer car appeals. I have no car maintenance knowledge and it’s a problem for me if it is in being fixed. I also hate unexpected bills. I like the idea of a new car every few years or so (wouldn’t we all) . I definitely need to do some more investigating.

How do you finance your car? Do you need guaranteed car finance?

 

You might also like my post on how to care for car tyres  and how to save money on fuel