Car Loan 4 U

[Foggy]

15.4 is around double the average car deal (apart from these manufacter sponsored deals). And, better still with no deposit.But still less than I imagined it was going to be.

As you say, at the end of the day, you are happy with the repayments. So all good.

Seems like great service from CL4U

[KAYKAY]

Hi
Really good news and your experience will help many.

If you can post the cost and repayment details once you know them it will help.
I guess that it is a personal loan if there is no deposit paid ?

Regards

Hi Andy, it's a fixed sum loan agreement. All I needed upfront was a holding fee to take the car off the forecourt. Only paid £44.00 for that.

Details are as follows:-

Amount of Loan £7250, 47 monthly payments of £194.84 plus final payment of nearly £194.84 plus a completion fee of £299
Total interest over the full term is £2,401.32

Sounds a lot, but considering my previous credit history, I think it's an ok deal. I was paying £903 per month for my IVA, so £194.84 a month will be fine for a good reliable car. Hopefully money will be tranferred over tomorrow and I get to pick up the car on Sunday. It's my birthday on Tuesday, so a great birthday gift for me.... top car and well chuffed.

Would be interested in others opinions though.

[KAYKAY]

Now started to panic, that getting a much newer car might be too good to be true, hope I haven't jinxed things by posting too early.

[Foggy]

A new car and still, effectively, £700 per month better off ... can't be bad. It will also be giving you a good credit history in the meantime.

Happy Birthday for Tuesday [:D]

[mattyboy]

These days that interest rate is very good. There are places with lower Internet rates but only for clients with excellent credit records, as you say post IVA I think that is a brilliant deal. My bank offered a family member a car loan at 12.9% with an excellent history.

[back on track]

how old was the car and what milage did it have.just wondering what you can get for the money you paid out.

[KAYKAY]

The car is a Honda Civic 1.8 i-vtec Ex. All singing and dancing. Sat Nav, Cruise control, etc. must admit from the advert didn't expect all the extras. Will be 4 years old on 6th November, 28k on the clock.

[back on track]

thats sounds good thanks for the info

[kallis3]

That sounds like a good car KAYKAY.

[Adam Davies]

Hi
Sounds a really good deal, well done !

Barclays online quote for someone with good credit for £7300 over 48 months is £205 per month 15.8%.............????

It can be very cost effective to have a newish car

Regards

[kallis3]

That's very high for a mainstream bank!!!!!!

[KAYKAY]

Really excited now.... just confirmed that CL4U have transferred the money over, rang the dealer to confirm collection of vehicle for Sunday am..... OMG....finally getting a new(er) car...... YIPPEE!!!!!!!!

THANK YOU SO MUCH CAR LOANS 4 U.....

Will certainly be recommending your services to others... exceptional

[kallis3]

Fab news!!!!! Enjoy your new car!!!!!!

[back on track]

had a look at there web site and they look just the ticket if you need a car in our position.they also recommend the best car dealer to near where i live as one of there preffered dealers.food for thought.

[kallis3]

They certainly sound like a good company to consider if you need a better car.