What is cheaper? To let a car dealership finance or get a bank loan and pay it cash?
Is it cheaper to let a car dealership finance a car? Or get a bank loan to pay the car cash and then just pay the bank back for the loan?
Finance best answer:
Answer by Vince M
Assuming you have reasonably good credit, a bank will get you a better interest, but if your credit risk is poor, a bank may not offer you anything. Many times a dealer will be ready to carry their own financing, assuming the risk themselves. Of course, they will charge you for it, with very high interest, and a harsh payment schedule. Instead of monthly payments, their contract may expect weekly payments.
In fact, the dealer may be the ONLYones willing to finance your car.
Finance
Finance Minister Launches Orienteering Courses in Stormont Estate
Image by DUP Photos
Stormont Estate Management Unit has teamed up with NI Orienteering to design three orienteering courses within the grounds of Stormont Estate. The courses range in length and difficulty and are available for anyone visiting the estate to use. Course details can be downloaded from the NI Assembly website at: www.niassembly.gov.uk.
Pictured are Primary 6 pupils with (back row left to right) Mr Corscadden, Head teacher at Cullycappel Primary School, Helen Baxter, NI Orienteering and Finance Minister Sammy Wilson.
Orignal From: What is cheaper? To let a car dealership finance or get a bank loan and pay it cash? and Finance Minister Launches Orienteering Courses in Stormont Estate
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