6-Best Options to Avail a Successful Car Finance for Yourself

The UK’s auto industry finance industry is showing phenomenal boom in purchase of new cars. There is an appreciable boom registered in the motorists opting on car leases for buying branded cars, and this not going to act as a catalyst for credit crunch. This car finance is backed by assets and uniquely modelled. Lenders are a bit conservative this time.

Understanding the Payment Options of Car Financing

Finding the car of your dreams is a huge challenge, but making a decision on how you are going to repay the loan back to the lender comes out as a biggest blow. It is your decision on the way you like to pay, and when you want to pay. The essential part here is that it should meet your needs. You need to spend quality time in deciding the options that are made available to you. Here are the options to look into:

Pay in Hard Cash

Paying in cash is one of the reliable, easy and one of the most cost-effective methods available before you. Make sure, you have sufficient funds in your savings account. Do not try to rush things for yourself as it is not going to take you anywhere.

Personal Car Financing

Personal loans are one of the credible options available to the car buyers, and this type of car financing option is available within FinTech market. With a Car Finance from online lender, you can think of spreading the loan over the period of seven years. There is a likelihood that monthly repayments may sweat you than other payment options, but at the end, you are the proud car owner. When calculated, you are going to pay less in comparison to other options available out there. Personal car financing, is undoubtedly one of the cheapest means for borrowing over the long term payment cycle. On the flipside, if you have poor credit score, it is not logical way to go out for personal car financing. A good alternative could be where you look out for the car financing methods offered from your car dealers.

Purchase on Hire

It is yet another fruitful and effective payment options designed for the car buyers. Here, after paying the money deposit of roughly 10% or maybe even slightly more, the car buyer fixes a monthly repayment cycle spread across a selected time frame. The significance here is that you do not become a whole sole car owner, until all payments are not cleared.

Car leasing

Car leasing is a weighed-up payment option and it works like a long-term rental. The idea here is that car buyer would continue to make fixed payments every month and use the car till the time the contract gets matured. Car leasing comes in two formats – personal contract hire (PCH) and personal contract purchase (PCP). The monthly repayments are low in comparison to other options of car finance, but mileage restriction is always there.

When you have the PCH car leasing, you do not become a full-fledged car owner, although with PCP, there is advantage for you to become a car owner after finishing the contract through ‘Balloon Payment’.

Repayments Made with Credit Card

You can think of using credit card to pay either the entire payment, or part of it, as you like. Paying by using credit card, offers you extra line of protection. The catch is that you need to pay a minimum of £100 through the card, and besides all the repayments running against your credit card too. Are you paying the card handling fee? There are car dealers, who may ask for it. This fee is likely to come up as 3%. You may even have to face a critical situation where the dealer is not accepting your credit card at all.

Peer-to-peer financing

Peer-to-peer financing or P2P financing is process of borrowing and lending among the individuals through a registered website. It is one of the quick means of financing known. This method of financing detour traditional financing methods, offered through the way of banks or building societies, one always need a good credit score for availing attractive interest rate.

Precautions before Financing a Car

If you have worked out on serious planning on taking out car finance arrangement any time soon, you need to delve inside it.

When you opt for car leasing, you are charged a certain amount of fee, if you are repaying quickly or have surpassed the mileage as given;
Shop and compare the total borrowing cost, and this also includes interest rates overhead charges inside term loan.
It is necessary that you think at least twice prior to making a choice of either GAP insurance cover or the payment protection cover in case the car is stolen. Both insurance covers become expensive and become a financial burden.
Shop and compare the interest rates and APR. If your deposit against the car loan is high, the interest rate would be on the lower side.
Car loans have been on the rise, and the figures clearly point in this direction. Bank of England’s statistics indicate that in the span of last five years, car finance in the UK market has frown overwhelmingly high. More significantly, the manufacturers are also working hard for setting the realistic residual values for cars to prevent the drop in already inflated car pricing.

However, with respect to financing a car and keeping the repayments within your control, it requires careful structuring, planning and motivation too. As an informed car buyer, you will avail benefits of car financing in the ongoing scenario. You will be led in the right direction, and the car you go with is enough to fulfil your dreams.

Why Women Should Drink A Cup Of Green Tea Every Day?

Green tea, enriched with several health benefits is a natural cure for treating various health disorders. Why women should drink a cup of green tea every day?Health benefits features in this heath drink can certainly answer the above specified question. Presence of polyphenols and catechins are mainly responsible for the health benefits of green tea.

As per research, green tea is found to be as a potent composition of EGCs. It fights against free radical mechanism and makes your body free from toxins. Improving cognitive power is one of the main features of greenteas. It stimulates nerve cells and relieves the issues due to health troubles like stress, fatigue and depression.

Preventing tooth decay is one of the important health benefits of drinking greentea. It fights against germs and treats a wide range of health issues like bacterial infection. Hence you can use this health drink to stimulate the immunity level of body. Improving bone health is one among the highlighting features that distinguishes greentea from other herbal teas.

Poor bone health can give rise to several health issues like osteoporosis. You can minimize the risk of this health disorder by including greentea in daily diet. How many cups of greenteas are ideal per day? This is a common question heard from people. You can drink any number of green teas per day. If possible, try to follow a healthy lifestyle devoid of smoking and alcohol consumption.

Green teas are available in variety of flavors from market. Some of the renowned flavors of greentea are tulsi, chamomile and jasmine. If possible, drink a cup of greentea twice per day. How to reduce our body weight naturally? You can hear this question from many obese people. Drinking greentea is a safe cure for treating many obesity risks. It reduces weight without inducing any side effect on body. You can recommend greentea as a safe remedy for all obesity troubles.

Green tea generally works by promoting the digestive process in body. It improves bile flow and reduces the risk of obesity naturally. As per studies, certain compounds like polyphenols and catechins in greenteas are found to be very useful for improving the digestive process in body. Is there any natural cure for reducing the effect of cancer cell growth? Greentea is one of the best cures for minimizing the effect of cell mutation.

Heart health issues are quite common in present day. You can minimize the risk of heart diseases by including greentea in daily diet. It lowers LDL cholesterol level and reduces health issues like stroke and heart diseases. Preventing rheumatoid arthritis is another highlighting feature of greenteas. It acts as a safe anti-inflammatory agent and prevents a wide range of health issues like gout and rheumatoid arthritis. Improving skin tone is an important feature of greenteas. Those ladies suffering from pimples can choose this herbal drink as a natural remedy for skin diseases like redness, pimples and acne.

What are the Car Financing Methods Available for New Car Buyers

The UK’s auto industry finance industry is showing phenomenal boom in purchase of new cars. There is an appreciable boom registered in the motorists opting on car leases for buying branded cars, and this not going to act as a catalyst for credit crunch. This car finance is backed by assets and uniquely modelled. Lenders are a bit conservative this time.

Understanding the Payment Options of Car Financing

Finding the car of your dreams is a huge challenge, but making a decision on how you are going to repay the loan back to the lender comes out as a biggest blow. It is your decision on the way you like to pay, and when you want to pay. The essential part here is that it should meet your needs. You need to spend quality time in deciding the options that are made available to you. Here are the options to look into:

Pay in Hard Cash

Paying in cash is one of the reliable, easy and one of the most cost-effective methods available before you. Make sure, you have sufficient funds in your savings account. Do not try to rush things for yourself as it is not going to take you anywhere.

Personal Car Financing

Personal loans are one of the credible options available to the car buyers, and this type of car financing option is available within FinTech market. With a Car Finance from online lender, you can think of spreading the loan over the period of seven years. There is a likelihood that monthly repayments may sweat you than other payment options, but at the end, you are the proud car owner. When calculated, you are going to pay less in comparison to other options available out there. Personal car financing, is undoubtedly one of the cheapest means for borrowing over the long term payment cycle. On the flipside, if you have poor credit score, it is not logical way to go out for personal car financing. A good alternative could be where you look out for the car financing methods offered from your car dealers.

Purchase on Hire

It is yet another fruitful and effective payment options designed for the car buyers. Here, after paying the money deposit of roughly 10% or maybe even slightly more, the car buyer fixes a monthly repayment cycle spread across a selected time frame. The significance here is that you do not become a whole sole car owner, until all payments are not cleared.

Car leasing

Car leasing is a weighed-up payment option and it works like a long-term rental. The idea here is that car buyer would continue to make fixed payments every month and use the car till the time the contract gets matured. Car leasing comes in two formats – personal contract hire (PCH) and personal contract purchase (PCP). The monthly repayments are low in comparison to other options of car finance, but mileage restriction is always there.

When you have the PCH car leasing, you do not become a full-fledged car owner, although with PCP, there is advantage for you to become a car owner after finishing the contract through ‘Balloon Payment’.

Repayments Made with Credit Card

You can think of using credit card to pay either the entire payment, or part of it, as you like. Paying by using credit card, offers you extra line of protection. The catch is that you need to pay a minimum of £100 through the card, and besides all the repayments running against your credit card too. Are you paying the card handling fee? There are car dealers, who may ask for it. This fee is likely to come up as 3%. You may even have to face a critical situation where the dealer is not accepting your credit card at all.

Peer-to-peer financing

Peer-to-peer financing or P2P financing is process of borrowing and lending among the individuals through a registered website. It is one of the quick means of financing known. This method of financing detour traditional financing methods, offered through the way of banks or building societies, one always need a good credit score for availing attractive interest rate.

Precautions before Car Financing

If you have worked out on serious planning on taking out car finance arrangement any time soon, you need to delve inside it.

When you opt for car leasing, you are charged a certain amount of fee, if you are repaying quickly or have surpassed the mileage as given;
Shop and compare the total borrowing cost, and this also includes interest rates overhead charges inside term loan.
It is necessary that you think at least twice prior to making a choice of either GAP insurance cover or the payment protection cover in case the car is stolen. Both insurance covers become expensive and become a financial burden.
Shop and compare the interest rates and APR. If your deposit against the car loan is high, the interest rate would be on the lower side.
Car loans have been on the rise, and the figures clearly point in this direction. Bank of England’s statistics indicate that in the span of last five years, car finance in the UK market has frown overwhelmingly high, keeping at 29pc of the £198bn total. From the £58bn available against car finance, £24bn is with banks totaling the bulk – £34bn – as it appears on accounting records of car manufacturers and dealers. More significantly, the manufacturers are also working hard for setting the realistic residual values for cars to prevent the drop in already inflated car pricing.

However, with respect to financing a car and keeping the repayments within your control, it requires careful structuring, planning and motivation too. As an informed car buyer, you will avail benefits of car financing in the ongoing scenario. You will be led in the right direction, and the car you go with is enough to fulfil your dreams.