With lenders wanting your business, getting finance to purchase your next car has never been easier. Available at the big High Street lenders, by phone or online from direct-sales companies, they offer flexible repayment periods of 2 to 10 years.


Interest rates are most competitive for larger personal loans although still higher than a remortgage. 


The big advantage of a personal loan is that it separates the finance deal from the car deal. You can shop where you want - at a dealership, privately, with an online retailer or even at auction - and you own the car from the start.