Benefit from low interest car finance deals direct from Farnworth

Are you ready to buy a used car? Perhaps your current car is reaching the end of its lifespan, and you want something newer and more exciting. Or maybe you’re ready to switch to an electric car or a hybrid model.

If you are in the market for a second-hand car, you may rely on a competitive car loan to provide the upfront funds needed to make your purchase.

We specialise in supporting people who live in Farnworth (or further afield in Bolton) to buy the car of their dreams.

Thanks to our low-interest car loans, you can access affordable car financing solutions that allow you to spread your repayments over several months or years.

Our exceptional car financing deals are based on your budget and your affordability. Our team will look at you as an individual to establish what you can afford. You will be given the same care and attention whether you want to buy an upscale Audi or a family-friendly Hyundai. Our expertise lies in finding the right car finance loan for you and your lifestyle.

Discover how much you can borrow with our car loan calculator

Would you like to find out how much money you could borrow for a car loan? Our car loan calculator is a useful tool to assess your affordability. With no impact on your credit score, this is a great starting point to see what type of used car is available within your budget.

Not only can you see how much you can afford, but you can use the filters to see how different loan lengths and deposit amounts could impact your monthly repayments.

Why buy a second-hand car with a car finance loan?

Not everyone has the money available upfront to pay for a second-hand car. Even though prices at Dace Motor Group remain competitive, and part exchange options can significantly lower the purchase price, it could still cost you thousands of pounds to buy a used vehicle.

Some people are lucky enough to have time to set aside savings for a second-hand car. However, others may need to buy a used car quickly, resulting in the need to apply for car finance.

It is often a surprise to realise how flexible car loans can be. For example, you can choose how much you want to repay every month and decide how long your loan will last. You can even choose to replace your car during your loan period.

By talking with one of our independent finance experts, you can discover what options are available and discover a fantastic financing deal that works with your budget.

If you live in Farnworth, you may wish to travel to your nearest Dace Motor Group dealership to find out how we are uniquely placed to help you. We are just a short drive away, along the M60. In less than 15 minutes, you could be in our Dace Specialist Car Centre in Eccles, talking to a member of our team.

Please note that you will not own the vehicle until all payments are made. If you default on your finance payments, the finance provider may repossess the vehicle. 

We offer PCP and HP car loans – do you know the difference?

Many cheap car finance deals are broken down into two types of car loans: PCP and HP.

There are different advantages to each type of loan. As you start looking at your budget and lifestyle, you may find that one option naturally suits you more.

A PCP car finance loan is a personal contract purchase. At the end of the agreed fixed-term contract (usually three to five years), you can choose to return the car or pay the current resale value of the vehicle. Alternatively, you can put that resale value towards purchasing a newer model. This is a good option for those who regularly want to change their cars.

In contrast, an HP car finance loan is a hire purchase. You will pay a deposit for your chosen vehicle (often as little as 10% of the car value) and repay your loan over an agreed timeframe. Once you have made your final repayment, you will own the car outright.

If you have questions about the different types of car finance loans, then please speak with a member of our team. We can explain the pros and cons of each and help you to identify which type of car loan is right for you.

We excel in helping Farnworth businesses benefit from car finance deals

It can be difficult to know how to fund a car when running a business, especially if the vehicle will be used predominantly for work purposes. You may not have enough capital within your company to pay for a second-hand car outright.

But you shouldn’t let that hold you back.

Part of the reason why so many people come to us from Farnworth and Bolton for their car financing agreements is that we understand your driving needs. Whether you need something solely for work or a car that meets your professional and personal needs, we are here to help. We can look at ways to help you put your car financing as a business expense. We can even work with you to recommend which used car matches your needs – especially if you are concerned by fuel economy or emissions requirements.

Once you’ve found the ideal car, our finance team can look at how you can put your loan through your expenses. We can explain what paperwork you may need and handle any finance applications on your behalf.

What interest rates are available for car finance deals?

We offer low-interest car loans for drivers across Farnworth and the surrounding areas. We believe that car loans should be affordable and accessible to all.

Different lenders will offer different interest rates on their loan agreements. These interest rates may vary depending on the size of your initial deposit, the amount you need to borrow, and even your personal credit score.

As a local car finance provider, we will work with you to discuss your personal finances. Once we’ve looked at your incomings and your outgoings, we can select a car finance agreement that works for you. This tailored approach means that you can feel confident that you have an affordable car loan.

If you are visiting our team at your nearest Dace Motor Group dealership, then not only could we start the process for your financing application, but you could even select and test-drive your preferred vehicle.

Car financing is available for people with a poor credit history

If you have a poor credit history, you may be worried that your credit score could impact your ability to benefit from a competitive car loan.

We believe that car financing should be available for everyone, regardless of their financial circumstances. We do our very best to ensure that everyone has the opportunity to buy a second-hand car – and we have good relationships with many lenders that specialise in car loans for those with bad credit.

If you are concerned that your credit history could impact how much you can borrow, please use our online car finance calculator. It may give you an indication of what you could afford. With no impact on your credit score, this is a simple way to see what options are available to you.

If you live in Farnworth and are worried that your credit score could prevent you from taking out a car loan, please visit us at your nearest Dace Motor Group dealership. We can have an open and honest conversation and look carefully at your finances to see what you can do.

With more than 30 years’ experience, we promise that we’ve seen and heard it all before.

You can expect no judgement from us, just practical solutions designed to get you on the road as quickly as possible.

We may recommend that you need a guarantor for car finance

If your credit history does show some red flags, then one easy solution is to ask someone to act as a guarantor for your car finance.

This is someone who will agree to take responsibility for your car loan if you cannot make your repayments. It’s an effective way of showing a lender that you are taking responsible steps to secure their investment.

If you need to find a guarantor for your car finance, we will work with you to identify the most appropriate person. Our team will explain exactly what it means to have a guarantor on your car loan and what the implications and responsibilities could be for the person. If your guarantor lives in Farnworth, please invite them to come and join us for a conversation where we can explain the process and answer any questions they may have.

We take our responsibility seriously, and we will only proceed with an application once we feel sure that both you are your guarantor are fully aware of the terms and conditions of your car loan.

For generations, we’ve provided the best car loan deals for Farnworth drivers

We are proud to be a local car finance provider. Customers from Farnworth trust us because we have a reputation for providing straightforward and friendly advice and guidance. We have connections with various lenders across the UK, which means we can find the right car loan for you. So, whether you need a car loan for business purposes or have a history of poor credit, we know which lenders will be ideally suited to you.

Our car financing loans are only available on the used cars sold by Dace Motor Group. Unfortunately, we cannot provide financing for used cars sold by other car dealerships. With four locations across the Manchester region, we have over 600 used cars available in stock, from luxury brands to family-friendly options.

Our approach is to provide clear and transparent communication.

We’ll explain what types of car loans are available, how the application process works, and what the consequences could be if you struggle to make your repayments. We want our customers to feel in control over the process, and we promise that we will never use any jargon. When you are happy with our recommended car finance deal, we’ll process the application on your behalf.

All you need to do is speak to a member of the sales team at Dace Motor Group to confirm which used car you wish to buy and sort out the relevant insurance!