Car Finance €30k, whats the best way

M

Mur2006

Registered User
Messages
30
I'm organising car finance at the moment for €30k over 5 years. I'm just wondering is there a better way of doing this than getting the standard car finance deal from my banking instituion BOI.

Shoud i try work something with my mortgage also with BOI, should i try borrow as much as possible from Credit union and get better rate and get balance from BOI?

Just trying to get a small bit of advice and not sign up to something where i could have saved money if did a small bit of research to start with

I appreciate any help or advice

Mur
 
If you use the re-mortgage route, match the term to the use, i.e. 5 years-don't put it over 20 years etc.

You should shop around-maybe try Tesco who offer competitive fixed rate loans that carry no penalty should you wish to pay them off early.

NIB and Rabo have launched new loan products recently enough-they might be worth checking out.

Don't be afraid to haggle with your existing bank.
 
You must log in or register to reply here.
Back
Top