Whilst most of us are familiar with instalment financing and cash purchases of vehicles, there are numerous other ways in which you can get assistance to finance your vehicle.
3 Types of Financing Options:
- Cash purchase of the premium vehicle you desire:
This is probably the best way to buy a vehicle because there are no additional fees to calculate with the original price of the second-hand vehicle, if you can buy your vehicle cash, go for it. - Instalment finance to purchase your vehicle:
Whilst buying a car cash might be the best way to do it, it is not always possible.
Instalment financing is a simple and easy way to get your premium second-hand vehicle as soon as possible without having to pay the full amount now.
The payment of the vehicle will take the form of monthly instalments which might make the total price of the car a bit higher, but you have the luxury to pay a lowered fee per month instead of a once off cash fee for your vehicle. - Instalment finance with a balloon payment
This type of financing option is almost like the normal instalment finance option, but the monthly repayment is calculated based on a lower fee because a portion of the total price is set aside to be paid in full later.
This makes the monthly repayments exceptionally lower, but the buyer is still responsible to pay the lump sum amount that was originally set aside once the repayment term is over.
These options can all assist you to purchase your dream car today and we can provide you with the premium second-hand vehicle that you desire. Financing options are especially important if you have the need to buy a new car, but you do not have the immediate cash to do so.
At DigiCars we strive to provide our client with the highest quality service and range of premium second-hand vehicles that you deserve.
Browse our website and use our Vehicle Finance Calculator to see how much you can afford in monthly repayments based on the financing option that you prefer to use and see what premium second-hand vehicles we have available for you.
Our expert team at DigiCars will gladly assist with any other information you need so contact us today to start your premium second-hand car purchasing journey.