It’s a question many of us are asking ourselves now: when will I have the funds to buy my first car?
For some, the answer is simple: as soon as they can afford to pay for it.
For others, it will be a while before they can actually afford to buy one.
It’s a simple question that has baffled many people since its inception, and it’s one that will surely have its own set of complications.
The finance calculator for petrol and diesel vehicles is now available to download on Google Drive, but the question is still one that most of us have not been able to answer.
While the calculator will allow you to calculate how much you can pay for your next car, it may not be the best tool for determining your exact cost.
For example, you may find that the average price for a 2017 Honda Civic Type R is £25,000.
If you want to buy that car, you’d need to pay £30,000, which means that you would only be able buy the car once.
On top of that, the calculator also doesn’t give you the full range of financing options, meaning you may be left to rely on credit cards to cover the cost of the car.
To make matters worse, the average cost of a new car is usually much lower than what the calculator provides, meaning that you may end up paying more than you would have otherwise.
If you’re one of those people who has been struggling to find a car finance partner for more than a year, you’re probably wondering when your first purchase is going to happen.
Well, the short answer is that, for now, it’s a bit of a mystery.
It’s not that the calculator is useless, it is a relatively old and buggy piece of software.
And the latest versions of Google Drive will only be compatible with Chrome browsers, which will mean that the service is likely to be inaccessible for some users.
So, what can you do?
If you have a good credit score, you can make sure that your car finance is up to scratch.
It’s worth checking with your car dealer for a quote on how much a new vehicle might cost, and if it’s going to cost you more than £100,000 a year.
You can also contact your local car dealership, which might be able find you a car with an extra finance option for less than £20,000 (or more if you’re in the top 1% of earners).
If you are able to secure a finance partner, you might be lucky enough to find someone willing to finance your car loan through a loan company, which can offer you the best of both worlds.
The best way to make sure your finance is good, however, is to talk to a financial advisor.
While it may be hard to track down a finance company that’s going into business with you, it can be a good place to start.
If all else fails, you should also contact the British Association of Independent Business, who offer an online application for people looking to borrow money to buy their first car.
If it doesn’t work out, there are still some things you can do to improve your chances of securing a financing deal.
For example:If you want a lower down payment, you’ll want to look at getting a lower interest rate on your loan.
There are many lenders that offer a low down payment loan for an initial loan of £500, so you should be able get a lower rate on a similar loan than the one you’re currently using.
Another option is to get a cheaper car loan, but you’ll still need to make some modifications to the loan.
The car loan calculator below will give you an idea of what you’ll need to do to get the most money out of your loan and you can even look into other car loan options.
As always, if you have any other finance questions, you could always get in touch with your local finance department, which is happy to help you through the process.
Thanks for reading!