Citroen C5 Finance Comparison Online

Citroen C5 Finance

Compare Affordable Citroen C5 Finance Options

The Citroen C5 is a popular mid-sized family car that is unsurprisingly sought after given it’s modern design elements and stylish design. However purchasing one outright isn’t always an option and this is where finance can come in useful. That’s why Quotezone.co.uk has teamed up with Magnitude Finance, to take all the hassle out of finding the right finance deal for your new set of wheels. Who are Magnitude Finance?  They are a UK business that has been helping people get the cars of their dreams for over 30 years and have arranged over £500 million of loans each year. No matter what deal you are searching for, we are here to help you with your car finance comparison.

How can I finance a Citroen C5?

There are a variety of financing options available if you wish to get a C5. Which option is best for you will largely depend on your own personal preference as well as what finance options your lender feels is appropriate. Here are the common ways in the UK you can finance a C5.

• Hire Purchase (HP) – With hire purchase you’ll make regular payments over a typical fixed period of 1 to 5 years or 12 to 60 months. With this finance option, the owner of the car will be the financer until such time as the final payment is made and ownership is transferred to the borrower. Therefore if you miss payments, you could lose the car.
• Personal Contract Purchase (PCP) – This popular method of finance involves you making regular repayments over a fixed period of time but instead of buying the car you are essentially renting it. You will have the option to purchase the car for the remaining amount after the end of the fixed period or simply return it to the lender.
• Personal Loans – This type of finance involves you borrowing a lump sum of cash for the purchase of a car and then you will make regular payments over the fixed term until the loan is repaid. 
• Lease – A lease works in a similar way to PCP where you essentially rent a car for a fixed period of time whilst making regular payments. After the end of the lease you’ll return the car to the financer.

How can I save on Citroen C5 finance?

There are a few practical steps you can take to reduce the cost of your Citroen C5 finance. Here are some of the common ways that borrowers can be offered cheaper finance options.

• Improve and maintain your credit score – This may take time however having a good credit score and maintaining it will help you save money in the long run on your car finance options. Having a good credit score will also help you to secure better loans and offers for other products besides car finance in future, so it is always worth maintaining a good score.
• Always hunt around for the best rates – This may seem obvious but many borrowers forget to do it, meaning they run the risk of missing out on great deals by simply picking the first option they find.
• Consider a shorter term loan – Generally speaking the longer your term the greater the amount of interest you’ll end up paying over time. It may seem tempting to extend the time you have to repay your loan however this is a somewhat false economy as you’ll ultimately end up spending more due to interest. To reduce the amount of time you spend paying interest, opting for a shorter term loan is a good option.
• Put down a larger down payment – Whilst 10% is the standard down payment for many financing options, electing to pay a higher amount such as 20% will reduce the total amount you need to borrow for your C5. This will reduce the total amount you end up paying on interest in the long run.

Compare Citroen C5 finance options now