U.S. News & World Report’s Post

#motorfinance #financialscam I purchased my first car in 2013, wasn't even given ever a copy of #financial agreement except proposal papers. In 2019 got an SUV, both cars purchased on finance, but never ever thought that the interest rates could be rigged by the seller 🤔. How many of you thought that one day we will live to see this? It reaffirms the faith in #British #judicial system, that there is #bigbro looking over everything 😊👌. Are you affected too? #carfinance #finance #cars

£116,000 FINANCED FOR A CUSTOMER'S PORSCHE 911 PURCHASE 💨 We're thrilled to share that Kieran Morley recently helped a customer turn their dream of owning a Porsche 911 into a reality. The customer had a set deposit and monthly payment target in mind, which we successfully facilitated for them. By working closely with HH Business Finance, we not only created a finance package that met his requirements but also substantially undercut the dealership's finance offering. Your dream car is never as far away as you think... #HHBusinessFinance #SportsCarFinance #VehicleFinance

An issue that is very topical following the announcement of the further FCA review into the use of discretionary commission models in the car finance market earlier in the year, followed swiftly by Martin Lewis causing trouble for a lot of lenders! Oh and let’s see what the Court of Appeal makes of some of the issues that come up in these when it hears the conjoined appeals in Wrench, Johnson, and Hopcraft later this year. #carfinance #pcp #undisclosedcommissions

With a finance lease, there are no mileage restrictions, however excess mileage could affect the residual value of the vehicle, and in turn affect the amount of money returned to you following the vehicle’s sale. It's important to bear this in mind before signing a lease! 📝 #LeaseLessons #FirstTimerTips

Marcus Johnson, from Johnson v FirstRand Bank, shared the impact that undisclosed commissions had on his car finance – with 25% of his borrowed amount going straight to commissions. After 3 years, he still owed 75% of the original loan. 🤯 🚘🚘🚘 How is this fair or morally acceptable? For anyone defending these practices, take a closer look. There are likely many cases even worse than this, contributing to financial hardship for consumers. #PCP #carfinance #claims

Maximize your savings with our essential car finance tips! Compare interest rates, know your credit score, understand loan terms, and evaluate EMI affordability. Don't overspend, drive smarter! Start your journey towards financial freedom today. Please reach out to info@parshwaautogroup.com to know more. #cars #carbuying #carsales #dreamcar #parshwaauto

The decline in used vehicle values has helped lead to a situation where 1/3 of vehicle financings in the United States are in a negative equity position. This leads to a potential conclusion that business will be good for auto mechanics, and after market suppliers, as the auto market seeks to rebalance itself.

Thinking of changing your car this year? Part 1 of our series features Hugh from Vendor Finance as he explains the car finance process and how we can make your next car purchase smoother than ever! 🚘 Stay tuned for more tips in Part 2! 📞 071 931 0137 ✉️ info@vendorfinance.ie 🌐 www.vendorfinance.ie #FinanceMadeSimple #CarFinance #CarBuyingTips #UpgradeYourCar #FinanceAdvice #VendorFinance #DriveSmart

Imagine owning your car free and clear—no payments, no stress, just freedom. Financing a car means you're paying more than the sticker price due to interest, and new cars lose about 60% of their value in the first five years. 🚙 Instead of letting car payments drain your money and control you, consider getting a reliable used car that you can pay for in cash!💰