Renault Car Finance
Renault on Finance
- Competitive PCP & Hire Purchase quotes from an extensive panel of lenders
- Get the best available rates on cars from £15,000 – £250,000
- Use a Trustpilot 5-Star rated team with expert knowledge
- Rates start from 8.9% APR with a representative APR of 8.9%*
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Renault Car Finance
If you’re considering your options for Renault Car Finance deals, then you’re in the right place. Here at Quotezone.co.uk, we’re delighted to be able to connect you with a fantastic range of competitive quotes all conveniently stored for easy comparison.
Renault on Finance: finding the best deals
Are you looking for cheap Renault finance deals? Then you want to be sure you’re up to date with information. We will look at some of the most common questions that are asked by people considering Renault on finance deals.
What’s the best way to finance a car?
Of course, some people will want to purchase a car outright but for many people, that initial outlay is beyond their means. In that case, it’s common to apply for a credit scheme to help with this purchase. If this applies to you then our advice is to check your credit score. The information in your credit score is affected by a number of factors. If you’re able to improve this score, then you will have access to better deals. If you’re already on top of this then you can apply today to check the Renault car finance deals that are available to you.
Is it possible to get car finance with a poor credit score?
We can’t speak for all lenders. All credit deals you may be offered will be bespoke to your individual circumstances, but having a poor credit score doesn’t necessarily exclude you from getting a finance agreement. However, it’s likely that you will pay more interest in this situation as lenders view you as a bigger risk.
What is a good APR for car finance UK?
Getting a competitive rate APR is usually more likely if you have a good credit score. The poorer your score, the more risk that lenders see attached to your loan and therefore they will charge you more interest. For a better rate, make sure you try and improve your credit score. There’s lots of information available online for simple things you can do to help this score, like removing incorrect addresses that might be attached to your credit file and making sure you are on the electoral roll.
Is it possible to get Renault Car finance on a used car?
Yes, car finance is usually available for both new and used cars.
Comparing quotes: what information should you be checking?
When you are comparing cheap Renault finance deals you make to make sure you’re looking at the APR, monthly payments, term length and any fees that may be applicable (check for end-of-agreement fees or early settlement fees).
Will my credit be negatively affected by a Renault Car finance scheme?
If you make all your payments on time then a car finance agreement should help improve your credit score. If you miss payments or don’t pay them on time, then yes, your credit score is likely to be negatively affected. You also risk losing the vehicle if you don’t keep up with payments.
Can I get a Renault on Finance?
Yes, it is possible to buy a Renault car using finance. There will be several different options available from providers, but they will mainly quote on either a hire purchase or a Personal Contract Purchase basis. Hire purchase agreements are like paying to hire your car each month until you have paid off the full retail amount of the vehicle, plus interest. A PCP is like leasing a car. You can either buy it in full or return it to the dealership at the end of the lease. For that reason, it often comes with restrictions on mileage.
Where can I get Renault Car Finance?
Quotezone.co.uk is a great place to start looking for Renault car finance options. The site’s search feature takes all the hard work out of researching Renault car finance quotes. Instead, it allows you to compare quotes side by side while helping you to instantly identify which car finance quotes are suitable to you.
Can I take out a Renault car loan?
Taking out a Renault car loan is possible through car financing options. It can be a good way to help buy a car and is an option that many people go for. Using a car loan to buy a Renault is attractive to some people as it means you own the car from the day you take it home. This may be necessary if you have to drive a lot of miles or you want to make amendments to your vehicle.
What should I look out for in a Renault car finance quote?
It’s important that you fully understand the terms and conditions of any Renault car finance quote. Compare your quotes not only for a monthly payment schedule you can afford, but also with a deposit you realistically think you can make. Additionally, you need to know how you are allowed to use the car if you are buying it on a hire purchase or PCP basis.
How does a Renault car loan work?
A Renault car loan works like many other loans. You pay off the loan amount through regular, fixed monthly payments. However, the amount you pay off is subject to an interest rate so over the term of the loan, you actually pay off more than the initial amount. The majority of car loans will use the car as collateral, so there is no need for a big deposit.
Is getting a Renault on finance worth it?
If you do not have the cash amount necessary to buy a Renault car outright, it may be the right choice for you to buy a Renault on finance. If you need a car for work or logistical reasons, using finance means you can quickly buy a car that you can use immediately. Renault car finance stops you from having to save the amount first.
*Representative Example – Personal Contract Purchase: Cash Price £15,000.00, Deposit £500.00, borrowing £14,500.00 over 4 years at 8.9% Representative APR (fixed). 47 monthly payments of £228.99 followed by a final payment of £7,560.00. Total cost of credit of £3,832.53 and total amount payable of £18,832.53. Based on 8,000 miles per annum, excess mileage charges will apply if this is exceeded. Finance subject to status 18+ only. We are a credit broker and not a lender. Magnitude Finance is a trading style of DSG Financial Services Ltd. DSG Financial Services Ltd is a company registered in England & Wales with a company number 02313903. Our VAT registration number is 511678843. DSG Financial Services Ltd is authorised and regulated by the Financial Conduct Authority under firm reference number 649675