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Drivers advised: Find the right car loan

Looking at the overall financial package that comes with your new or used car is a vital part of the buying process, according to one expert.

Looking at the overall financial package that comes with your new or used car is a vital part of the buying process, according to one expert.According to the Ventura County Star, ensuring your monthly car finance repayments are affordable is essential - but it is equally important to make sure the overall amount "makes financial sense for your situation".The site goes on to state that by making sure research is done in advance of heading to the forecourts, drivers can protect themselves against getting the wrong car loan package."You will get the best deal if you do your homework, are not in need of a car immediately, have good credit and the financial means to choose whatever purchase option available," the article advises.Last week, the Times reported that drivers in the UK were increasingly likely to hand over their car loans in exchange for a 4x4, stating that it was clear that Brits were "in love" with the vehicles - despite growing concerns over their environmental impact. © Adfero Ltd

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