Discover your local Runcorn car finance provider

If you’re searching for a second-hand car, you may be asking yourself, “can I afford this?”

Our low-cost car financing agreements are ideal for those who need to replace their car but do not want to pay the full cost upfront.

We specialise in supporting people who live in Runcorn to have the money in place to buy their dream car. So, whether you’re looking to invest in a Mercedes-Benz or a Nissan Micra, our quick and easy car financing is designed to get you on the road as quickly as possible.

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. From there, we can establish a car loan credit agreement that spreads your repayments over several months or years.

Our car loan calculator makes it easy to see how much you can borrow

If you want to find out how much you can afford but don’t want any hard sell from a finance expert, why not make the most of our online car loan calculator? It allows you to input your income and outgoings and establish how much money you can afford to repay each month.

There’s no impact on your credit score. Instead, it’s a quick and easy tool that assesses your affordability. By adjusting the parameters of the calculator, it’s easy to see how different deposits and loan lengths can impact your overall repayments.

Is it a good idea to buy a second-hand car with a car finance loan?

In an ideal scenario, we would always have the money available to pay for what we need upfront.

But life isn’t always an ideal scenario.

There are many reasons why you may be in quick need of a second-hand car. Perhaps your current car has been written off, or maybe your lifestyle has changed, and you need something to help you adapt. With today’s rising living costs, you may even find that changing your car and repaying a car loan is more cost-effective than driving an older model.

Car financing agreements are an effective way to get you on the road quickly and easily. They allow you to spread your repayments over a pre-agreed timeframe and allow you to manage your budget better.

Gone are the days when car financing loans were complex and difficult to understand. Instead, it’s a highly regulated area designed to make life easier for drivers who may not have thousands of pounds instantly available to pay for a second-hand car outright.

Modern car financing agreements are flexible and work in harmony with your lifestyle. From the outset, you can decide how much you wish to repay each month. You can choose your term length and even your loan type. You can even choose to change your car in the middle of your loan agreement.

By talking with one of our independent finance experts, you can discover why buying a second-hand car with a car loan is a good idea. You can also see what options are available and discover a fantastic financing deal that works with your budget.

If you live in Runcorn, you may wish to visit us in person. We are based at the Dace Used Car Supermarket, located in Stockport. Just a 40-minute drive away, we can sit with you and discuss how we are well-positioned to help you make the most of a low-cost car loan.

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. 

Both PCP and HP car loans are available – we explain the difference

As you search for a cheap car finance deal, you may notice that they are broken down into two types of car loans: PCP and HP.

Different loan types suit different people. Part of our expertise is understanding which specific type of car loan agreement is right for you. For example, perhaps you want the freedom to change your car after your loan period finishes. Or maybe you prefer the stability in knowing you will own an asset after you’ve paid your final instalment.

A PCP car finance loan is a personal contract purchase. You can choose to return the car or pay the current resale value of the vehicle at the end of your loan period. Alternatively, you can put that resale value towards purchasing a newer model.

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. You will own the car outright after you have made your final payment.

What interest rates are available for car finance deals?

Your interest rate will depend on whether you have chosen an HP or a PCP car loan agreement. 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 your personal credit score.

We specialise in finding suitable low-interest car loans for drivers across Runcorn and the surrounding areas. We work closely with our clients to find the best car financing solutions for your needs. We work with various lenders, and we know that each lender has its individual strengths.

By assessing your incomings and outgoings and understanding your affordability, we can match you with the right lender at the lowest possible interest rate. This tailored approach means that you can always feel confident that your car loan will remain affordable, even if your lifestyle changes.

You can enjoy affordable car financing even with a poor credit history

Please don’t worry that you will be turned down for a car loan if you have a poor credit history. Your credit score may limit your options, but it doesn’t mean that you cannot benefit from a car loan.

We have experience in working with many different lenders. Some specialise in lending to those with poor credit histories, and we know exactly what they will want to see within your application.
We believe that car loans should be affordable and accessible to everyone. We look to find practical solutions to help get you on the road, whether via a larger deposit, a higher interest rate, or even through the introduction of a guarantor.

If you are worried about your credit history, 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, you can quickly and easily see what options are available.

We do not take a ‘computer says no’ approach to car financing. Instead, we approach each client individually, so if you are worried about your credit score, please pop in and see us. We’re easily accessible to people living in Runcorn, and your visit could uncover some easy solutions that you may not have considered.

Your nearest Dace Motor Group dealership is the Dace Used Car Supermarket in Stockport. Please drop in and see us anytime, or feel free to book an appointment with one of our finance specialists.

What does it mean to have a guarantor for car finance?

If your credit history is limiting your options, we may recommend that you ask someone to act as a guarantor for your car finance.

Your guarantor is a person who will agree to take responsibility for your car loan if you cannot make your repayments. If you are struggling to pay, the guarantor will be asked to pay the loan back on your behalf.

This is a big responsibility and shouldn’t be entered into lightly. If you need to find a guarantor for your car finance, we will work with you to identify the most appropriate person.

As part of the process, we will explain exactly what it means to have a guarantor on your car loan and the implications and responsibilities for the person. We would recommend that if your guarantor lives in Runcorn, they should also see us in person so that we can explain the repercussions and answer any questions they may have.

As a local car finance provider, we take our responsibility seriously.

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.

If we feel any doubts, we will be hesitant to proceed with your application.

We are proud to offer car financing solutions to people in Runcorn

Customers from Runcorn trust us because we have a widespread reputation for providing straightforward and friendly advice.

We always put our customers first, whether finding a used car that meets their needs or matching them to the most appropriate car finance lender. We will listen to your requirements and find the right solution for you. Whether you need additional paperwork to help you benefit from a car loan for business purposes, or you want to learn more about the pros and cons of PCP car loans, our team is here for you.

Our car financing loans are only available on the used cars sold by Dace Motor Group. When you visit us, you can select your preferred vehicle and benefit from an extensive test drive to confirm you have made the right choice. Unfortunately, we cannot provide financing for used cars sold by other car dealerships.

If you’re ready to talk to us about affordable car loans, please get in touch or visit your nearest Dace Motor Group dealership.