Can I get a loan to buy a car?

  • There are two different ways to finance a car:
  1. A personal, unsecured loan
  2. A car loan, where the car is used as security against the loan 

  • You may get a lower interest rate on a car loan – but you may have to take out insurance for the car, and you could lose the car if you do not make the monthly repayments.

  • If you do not make the monthly repayments on a personal loan, the bank could take you to court to force you to sell your assets to pay back the loan.  

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Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.

Subscribe For Financial Tips and Offers!

Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.

Can I get a loan to buy a car?

  • There are two different ways to finance a car:
  1. A personal, unsecured loan
  2. A car loan, where the car is used as security against the loan 

  • You may get a lower interest rate on a car loan – but you may have to take out insurance for the car, and you could lose the car if you do not make the monthly repayments.

  • If you do not make the monthly repayments on a personal loan, the bank could take you to court to force you to sell your assets to pay back the loan.  

Subscribe For Financial Tips and Offers!

Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.

Subscribe For Financial Tips and Offers!

Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.

Subscribe For Financial Tips and Offers!

Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.

Can I get a loan to buy a car?

  • There are two different ways to finance a car:
  1. A personal, unsecured loan
  2. A car loan, where the car is used as security against the loan 

  • You may get a lower interest rate on a car loan – but you may have to take out insurance for the car, and you could lose the car if you do not make the monthly repayments.

  • If you do not make the monthly repayments on a personal loan, the bank could take you to court to force you to sell your assets to pay back the loan.  

Subscribe For Financial Tips and Offers!

Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.

Subscribe For Financial Tips and Offers!

Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.

Subscribe For Financial Tips and Offers!

Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.