Welcome to WikiWirral, sharing is what we do best.
Forum Statistics
Posts1,028,073
Topics75,592
Members13,512
Forums65
Posts in last 24hrs11
Most Online14,906
Nov 23rd, 2019
Who's Online Now
40 registered members (B1gAlan, 10 invisible), 1,443 guests, and211 spiders.
Key: Admin, Global Mod, Mod
Social Media : Follow Us


Popular Topics(Views 7days)
New General Forums
George Carlin
by BultacoAstro. 10th Sep 2020 9:00am
Our Earth
by granny. 8th Sep 2020 10:02am
The Moon Landing ?
by BultacoAstro. 29th Aug 2020 4:58pm
Harry McGuire.
by casper. 28th Aug 2020 11:15am
New Wirral History
Stage-Coach Timetables in 1830's
by mikeeb. 19th Sep 2020 4:05pm
Birkenhead Trams 1876
by mikeeb. 17th Sep 2020 3:38pm
WHAT PUB
by derekdwc. 12th Sep 2020 12:51pm
365 Crown Vaults 34 Watson Street
by mikeeb. 1st Sep 2020 5:05pm
94 Clarendon Hotel 109 to 111 Chester Street
by mikeeb. 31st Aug 2020 5:54pm
Forum Tips
Photo Gallery Forums
Boaty McBoatface takes shape
The gathering storm: Mersey waterfront today
Topic Replies
Our Earth
by granny. 21st Sep 2020 11:22pm
Stage-Coach Timetables in 1830's
by granny. 21st Sep 2020 9:53pm
Classic Rock The Bands Are Awakening
by GaryFromWirral. 21st Sep 2020 10:18am
Coronavirus
by granny. 21st Sep 2020 8:38am
Birkenhead Trams 1876
by locomotive. 20th Sep 2020 8:00pm
Wooden Single Bed, Headboard, Mattress and Drawer
by rhoobarb2002. 20th Sep 2020 1:52pm
Dorothea Quarry Aug 2020
by mikeeb. 19th Sep 2020 3:41pm
Trinity Street Birkenhead
by MIKE6570. 19th Sep 2020 12:22pm
Award for Corbyn ???
by casper. 19th Sep 2020 9:34am
September
M T W T F S S
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30
Recent Posts : What's On ?
Previous Topic
Next Topic
Print Topic
Rate Topic
Page 1 of 2 1 2
Car finance #675975
14th Mar 2012 12:17pm
14th Mar 2012 12:17pm
Joined: Jan 2012
Posts: 27
New Brighton
T
The_Lounge Offline OP
Newbeee
The_Lounge  Offline OP
Newbeee
T
Joined: Jan 2012
Posts: 27
New Brighton
Does anyone have any idea where im most likely to get car finance, with bad credit and no deposit. When I say bad credit, I don't mean adverse! smile

Google Ads
Re: Car finance [Re: The_Lounge] #675978
14th Mar 2012 12:36pm
14th Mar 2012 12:36pm
Joined: Aug 2005
Posts: 16,227
New Brighton
_Ste_ Offline
Wiki Master
_Ste_  Offline
Wiki Master
Joined: Aug 2005
Posts: 16,227
New Brighton
Don't be a mug!

Re: Car finance [Re: The_Lounge] #675979
14th Mar 2012 12:40pm
14th Mar 2012 12:40pm
Joined: Nov 2011
Posts: 1,923
Wallasey/New Brighton
J
j_demo Offline
Forum Addict
j_demo  Offline
Forum Addict
J
Joined: Nov 2011
Posts: 1,923
Wallasey/New Brighton
fiat do credit, with no deposit, and they do it on pretty much anyone i reckon. i passed and i'd defaulted a couple of payments a couple of years back.

weird thing is, i could get a 10000 car on finance, but when i tried to buy a 1500 guitar from dawsons music on finance they wouldn't let me....... weird!

Re: Car finance [Re: j_demo] #675985
14th Mar 2012 1:19pm
14th Mar 2012 1:19pm
Joined: Aug 2005
Posts: 16,227
New Brighton
_Ste_ Offline
Wiki Master
_Ste_  Offline
Wiki Master
Joined: Aug 2005
Posts: 16,227
New Brighton
Originally Posted by jawide
weird thing is, i could get a 10000 car on finance, but when i tried to buy a 1500 guitar from dawsons music on finance they wouldn't let me....... weird!


Garages prefer people to get cars on finance because they make more money that way, it's called "the never never" and theres a bonus for any salesman who talks their customer into taking it out.

People with poor credit ratings get very bad repayment rates, my advise is not to do it, by the time you would of paid the car off it will be knackered and not worth anything.

If you can, buy a new car, if not i would pay cash.

The salesmen don't care about you, all they care about is getting their commission, i've seen it where salesmen have mugged a car off on somebody knowing full well that that person cannot afford the payments.

Think about it wink

Re: Car finance [Re: The_Lounge] #676004
14th Mar 2012 4:13pm
14th Mar 2012 4:13pm
Joined: Dec 2010
Posts: 3,354
Wirral
Nelzy84 Offline
Forum Guardian
Nelzy84  Offline
Forum Guardian
Joined: Dec 2010
Posts: 3,354
Wirral
Finance as ste said is for Mug, i know loads of dealership owners and they love it, it bread and butter for them, they use extortianate financers who are more than happy to loan tyou the money as over three years your adding an extra few grand on interest alone, Cars depriciate the second you drive them of the forecourt so unless you now how to play the game as a trader would for example your set to loose out from the outset.

Audi on Derby rd overed me an S4 for 23k happy to give me finance etc after putting me through a basic credit check. It was a pcp so you pay so much incramemtaly year 1 & 2 and then a balloon payment year 3 of say 8k, all the time the face value has depriciated from 23 K to 18 K and your paying 27k with interest meaning by the time you roll over to a new contract or hand the car back your paying 9k over the odds and the car still doesn't belong to you.

A new continental will cost you 130k today same car on a 59 plate 40k in auto trader thats a 90k depriciantion in 3 years.

If a car like a bentley can depriciate that much theres no hope of getting a decent finance deal on a run around.

Save the money is my advice mate as the financers are loan sharks that will kindly take the car away and anything else of value as collateral if you let them down, they are like Bankers you are only worth something to them when you are in their debt


[Linked Image]
[Linked Image]
Re: Car finance [Re: The_Lounge] #676043
14th Mar 2012 6:58pm
14th Mar 2012 6:58pm
Joined: Feb 2009
Posts: 448
Birkenhead
C
cathie Offline
Smartchild
cathie  Offline
Smartchild
C
Joined: Feb 2009
Posts: 448
Birkenhead
I got mine from motor range, filled in an application online for a car I liked and they called me back to let me know the finance (black horse) had been approved, I'm paying well over the odds but it comes down to choices and if, like me, you have little choice then finance is an option

Re: Car finance [Re: _Ste_] #676085
14th Mar 2012 8:06pm
14th Mar 2012 8:06pm
Joined: Nov 2011
Posts: 1,923
Wallasey/New Brighton
J
j_demo Offline
Forum Addict
j_demo  Offline
Forum Addict
J
Joined: Nov 2011
Posts: 1,923
Wallasey/New Brighton
Originally Posted by _Ste_
Originally Posted by jawide
weird thing is, i could get a 10000 car on finance, but when i tried to buy a 1500 guitar from dawsons music on finance they wouldn't let me....... weird!


Garages prefer people to get cars on finance because they make more money that way, it's called "the never never" and theres a bonus for any salesman who talks their customer into taking it out.

People with poor credit ratings get very bad repayment rates, my advise is not to do it, by the time you would of paid the car off it will be knackered and not worth anything.

If you can, buy a new car, if not i would pay cash.

The salesmen don't care about you, all they care about is getting their commission, i've seen it where salesmen have mugged a car off on somebody knowing full well that that person cannot afford the payments.

Think about it wink


i actually forgot to mention it's 159 per month, for 47 months then at the end of it, the final payment is the residual value of the car.

it's because with all this recession thing going on, they can't get rid of cars so they're getting what they can for them, i saw the "offer" on a car driving past my work one day, phoned up windsors in heswall and told them my details and situation, they said its not a problem and then everything went through ok, so there's actually no major APR or whatever i have to pay...

Re: Car finance [Re: The_Lounge] #676097
14th Mar 2012 8:38pm
14th Mar 2012 8:38pm
Joined: Apr 2009
Posts: 430
Wirral
ASE71 Offline

Smartchild
ASE71  Offline

Smartchild
Joined: Apr 2009
Posts: 430
Wirral
You will get an excellent deal from Chester Saab smile

Re: Car finance [Re: The_Lounge] #676104
14th Mar 2012 9:12pm
14th Mar 2012 9:12pm
Joined: Apr 2009
Posts: 2,330
Wirral
KevinFinity Offline

Forum Master
KevinFinity  Offline

Forum Master
Joined: Apr 2009
Posts: 2,330
Wirral
Car finance is a bad financial idea. I know because I fell for it once too. Lesson learnt, never again. You may get the instant gratification of a shiny new or newish car but in the long run you will pay way over the odds.
I felt sick after I realised what I had got myself into. After about two years the car was wrote off. It was in the small print that in the event of that happening, regardless of blame, the finance company (black horse) wanted the full remaining finance paid in full within 28 days which was not far off 9000!. The insurance pay out didnt come close to covering it and I needed another car as well. So I was left with a shortfall of about 3000 I had to find quickly and no car.
So there are a few hidden pitfalls as well as being ripped off severely.
Oh and don't ever think about going to Car Craft.

Re: Car finance [Re: The_Lounge] #676192
15th Mar 2012 9:32am
15th Mar 2012 9:32am
Joined: May 2011
Posts: 67
Birkenhead
F
FayePlayer Offline
Member
FayePlayer  Offline
Member
F
Joined: May 2011
Posts: 67
Birkenhead
Please don't go for finance. i did it 2 years ago on a little fiat panda and since not having a job i'm now in the shit with it. i did my car through stoneacre in Liverpool and i've recently only just found out that after being in the car showroom for more than 6 hours when i got my car in 2010 that it was actually given to my mum who is on income support and benefits due to ill health and no way of making the repayments on the car. they took my details only for the direct debit and was unaware if who was responsible for the car. let's put it those way it is now in the hands of trading standards as they have conned both me and my mum out of money. i was only aware as they told me that my mum was acting as a guarantor and not actually buying it because of my age only 22 at the time but with a good full time job. god help stoneacre when trading get standards get hold of them. i would recommend if to haven't got the cash apply for a loan and the repayments will be lower. hope this helps Faye

Re: Car finance [Re: The_Lounge] #676632
17th Mar 2012 12:10am
17th Mar 2012 12:10am
Joined: Mar 2009
Posts: 155
Prenton
D
DodgyDave Offline
Enthusiast
DodgyDave  Offline
Enthusiast
D
Joined: Mar 2009
Posts: 155
Prenton
Yeah go the bank, I went to stoneacre and they wanted over 115 a month on a car which was older and not as nice as the one I got, I went elsewhere and got a loan with Santander and I'm glad I did now as I have just lost my job and Santander said they will at least half my monthly repayments.

Re: Car finance [Re: The_Lounge] #906094
22nd Oct 2014 5:11pm
22nd Oct 2014 5:11pm
Joined: Jan 2012
Posts: 154
Woodchurch
L
lauren_lfc89 Offline
Enthusiast
lauren_lfc89  Offline
Enthusiast
L
Joined: Jan 2012
Posts: 154
Woodchurch
Can anyone recommend anywhere decent to get a car on finance, or are majority of people still against this.
Any responses appreciated

Re: Car finance [Re: The_Lounge] #906140
22nd Oct 2014 8:30pm
22nd Oct 2014 8:30pm
Joined: Dec 2011
Posts: 798
Out an about
mikroc Offline
Wise One
mikroc  Offline
Wise One
Joined: Dec 2011
Posts: 798
Out an about
It just depends on your personal. Situation will you still have a job to pay in the next year ?


If he dies he dies
Re: Car finance [Re: mikroc] #906143
22nd Oct 2014 8:43pm
22nd Oct 2014 8:43pm
Joined: Jan 2012
Posts: 154
Woodchurch
L
lauren_lfc89 Offline
Enthusiast
lauren_lfc89  Offline
Enthusiast
L
Joined: Jan 2012
Posts: 154
Woodchurch
Thanks for reply. I am in a secure job so that isn't a problem.
Just debating finance or save for a while and then buy one.

Re: Car finance [Re: lauren_lfc89] #906146
22nd Oct 2014 9:08pm
22nd Oct 2014 9:08pm
Joined: Dec 2012
Posts: 7,253
Our House In Our Road
ZipperClub Offline
Wiki Addict
ZipperClub  Offline
Wiki Addict
Joined: Dec 2012
Posts: 7,253
Our House In Our Road
If I cant afford it I don't get it. I have seen to many mates in debt for years, new car, look flash, great. Then they have no money for years trying to pay for it.


One Way Or Another
Page 1 of 2 1 2

Moderated by  Mod 

Random Wirral Images

Click to View Topic.
Newest Topics
Stage-Coach Timetables in 1830's
by mikeeb. 19th Sep 2020 4:05pm
Dorothea Quarry Aug 2020
by KevinFinity. 18th Sep 2020 9:45pm
cat found,Wallasey
by doggod. 17th Sep 2020 8:55pm
Birkenhead Trams 1876
by mikeeb. 17th Sep 2020 3:38pm
Spring fitting required
by gerrymoore. 17th Sep 2020 9:20am
For Sale & Free
Wanted Bultaco Astro Or Pursang 360 Model 104
by BultacoAstro. 13th Sep 2020 10:39pm
Wooden Single Bed, Headboard, Mattress and Drawer
by rhoobarb2002. 12th Sep 2020 5:07pm
Vauxhall Alloy Wheels - Astra, Corsa, Zafira etc.
by j_demo. 12th Sep 2020 2:44pm
2x2 seater leather sofas recliner
by paul110180. 7th Sep 2020 8:18am
2x2 seater leather sofas recliner
by paul110180. 7th Sep 2020 7:32am
Member Spotlight
mikeeb
mikeeb
birkenhead
Posts: 1,127
Joined: October 2013
Show All Member Profiles 
Newest Members
RyanEvans, mange1827, Stephen_59, AuntieP, Marks1960
13512 Registered Users
Today's Birthdays
No Birthdays
New Wirral Info
Van carpet fitter
by Gibbo. 17th Sep 2020 9:16am
Tower road. Birkenhead and now Dock road
by keef666. 6th Sep 2020 1:53pm
Enjoy the street theatre!
by Excoriator. 5th Sep 2020 3:50pm
Laminate flooring
by casper. 4th Sep 2020 6:33pm
Self-Employment Income Support Scheme
by mikeeb. 23rd Aug 2020 3:05pm
News : New Topics
Award for Corbyn ???
by granny. 27th Aug 2020 10:41pm
Casper Specials
by granny. 23rd Aug 2020 5:39pm
Worlds oldest man dies aged 116
by mikeeb. 23rd Aug 2020 2:36pm
When Damascus Falls !
by granny. 13th Feb 2020 11:12pm
Coronavirus
by cools. 30th Jan 2020 5:38pm
New Enthusiast Forums
Dorothea Quarry Aug 2020
by KevinFinity. 18th Sep 2020 9:45pm
cat found,Wallasey
by doggod. 17th Sep 2020 8:55pm
Spring fitting required
by gerrymoore. 17th Sep 2020 9:20am
Customer Is Always Right
by BultacoAstro. 3rd Sep 2020 12:19pm
VW Golf TDi Cambelt
by TudorBlue. 1st Sep 2020 10:04am
Popular Topics(Views 24hrs)
Wirral Sunrise Sunset
Sunrise Tue 6:59am
Sunset Tue 7:09pm
Local Time Tue 1:35am
Powered by UBB.threads™ PHP Forum Software 7.6.1.1