Deciding on the perfect car for your current financial and living situation can be daunting, especially because there are so many great options out there.
Not only will Parkers assist you in deciding which vehicle is the right match for you, but we will also help you to find the right vehicle finance.
Parkers is the solution to your problems
As stated above, we provide vehicle advice as well as access to vehicle finance. Whether you want to purchase a new or secondhand car, van, motorbike or even a caravan, we have multitudes of options for you. Parkers have been voted the UK’s number one online platform for prospective car buyers and sellers.
We will save you time and money
We also provide independent pricing assistance as well as a variety of reviews to help you find out more about the cars that you show an interest in. It does not end there – we also provide advice on after-sales concerns such as insurance by comparing a variety of insurance providers. Overall, we care for our customers and want them to get the best deals for their needs while saving them both time and money.
Applying for one of our loans is a simple and convenient process as it can be done from the comfort of your home.
We work with seventeen trusted lenders and will ensure to match your application to the perfect instant finance package for your situation.
Personal contract purchase for vehicles
With a personal contract purchase or PCP loan, the borrower is able to postpone ownership of the vehicle until the end of the contract which means that the borrower is leasing the vehicle for the whole of the loan period. The borrower will have to make monthly repayments until the end of the period where they will make a pre-agreed “balloon” or lump sum payment. If you have a bad credit history, a hire purchase agreement will be a better option.
Hire purchase for vehicle loans
Hire purchase is very similar to PCP loans but differs in some aspects. You do not become the owner of the vehicle until the final payment is made. This is a better option for people with poor credit as you will pay fixed monthly repayments until the end of the loan period and will not have to be concerned about budgeting for a lump sum payment at the end.
Parkers Product Details
- Loan Type Vehicle finance
- Interest Rate 21.9%
Summary of Services
- No deposit required
- Excellent customer service
- Get a reputable dealer
At Parkers we have the best deals on car loans
Sometimes loans are not the best option as they can work out more expensive. But there are other options available for you if you do not wish to obtain a car loan.
If you are not sure if you are eligible to apply, check our eligibility criteria prior to completing our application. We offer access to a variety of good loan options and will take the time to explain every minor detail to ensure that you fully understand the documents that you are signing.
Choosing the right vehicle for you
Choosing a vehicle can be both exciting and overwhelming especially if you are not that knowledgeable about cars. Do not fret because we have a variety of reviews and advice articles on our website to help make that decision. There are some factors that you need to take into consideration before purchasing a vehicle and these factors include your financial situation.
Leasing can be the better option
If you are the type of person that likes to keep up with the latest vehicle trends, then leasing can be a better option for you. With leasing, you can afford to drive a new car every three years if that is what you want. The lease periods, mileage and initial payments are flexible so simply compare your current financial situation with the monthly repayments you can afford, and you could potentially get a better vehicle than you originally imagined. If you have too much debt contact us about a debt consolidation loan.
Am I eligible to apply?
In order to apply for one of our loans, you have to be at least eighteen years old. Whether you have no credit or poor credit you can a still apply as some of our registered lenders specialize in bad credit loans. You will also have to supply a valid driving license as well as a proof of income prior to approval.
Customer Reviews & Testimonials
They are a very honest lender, I didn't receive any hidden costs
— Liverpool —
I got the car of my dreams thanks to Parkers
— London —