Car Loans for Consumers
A consumer loan is what most people think of when they think about car finance. It is, quite simply, a loan between the lender and the purchaser, with regular repayment structures. Ownership of the vehicle is in the purchaser’s name, and the loan is secured against the vehicle. At the end of the finance term, the vehicle is yours to enjoy or deal with as you please. A consumer loan can be paid out at any time, and as ownership rests in you, the vehicle can also be sold by you at any time during the loan.
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