The many and varied loan options
available to consumers today have enabled people from all walks of life and
income levels to buy their dream car. For most people who make plans to own a
new or used car, the possibilities are endless because of the availability of
car loans on the car market today. However, if you are serious about financing
a new car, and you need to understand your choices, then you can try using one
of the many car loan calculators.
The car loan calculator helps you
find out your estimated monthly payments, including the interest rates of
finance companies. In many cases this is not the right loan quote but something
that will help you prepare the payments you have to make and how you will
divide your monthly income between paying the mortgage, loans, and home related
expenses such as food, clothing, education, etc.
But now there is a car loan
calculator with a difference, provided as part of a new website that has been
specifically designed for the UK motorcycle financial market. Car Loans
Advisors have brought a breath of fresh air to the industry. This new site has
been developed by Carlyle Finance, which has provided funding for British car
buyers for nearly forty years. Supported by First Rand Banking Group, they are
one of the fastest growing Car Finance providers in the UK today and are constantly
working to improve their relationships with customers and their 3000 plus
The ability to get the best deal
on car financing always utilizes thorough research; and the internet and
finance companies on site and comparison sites only make this easier. But Car
Loan Advisors do it a little differently, through the use of sophisticated
technology and video. Carlyle Finance has produced a tool that … » Read more
Some car companies have revealed
that they are launching their own scrappage schemes for consumers, separate
from the Government scheme which has boosted car sales significantly.
The scheme increased consumer
confidence and also gave consumers a boost when it came to car finance, in
times where obtaining credit to get products has been increasingly difficult.
The Government’s scrappage
scheme, where cars that were 10 years old or older could be traded in for a
£2,000 discount of a new car, is estimated to end in October. It is feared that
there could be a backlog of consumers who are let down by the scheme as funding
for the scheme runs out. The Government is not believed to be planning to
re-invest into the scheme once their provisional budget of £300m runs out.
However, it has been revealed
that some companies have been launching their own scrappage schemes which will
go beyond the Government scheme’s shelf-life of October. Even better, some of
these schemes have been revealed to have been offering better deals than the
Government-backed scheme that put car sales in momentum.
A fine example of this is
Mitsubishi Motors, who recently announced that they were launching a scrappage
scheme separately. The company’s financial arm recently confirmed that they had
freed up £100m for the scheme which has been gradually gaining interest amongst
The scheme is open to cars which
are between five and ten years old, which can be exchanged for a new car with a
discount. In addition, the dealership revealed that they were also offering
financial support to consumers with a variety of interest rates and deposits.
The company revealed that over
one-fifth of queries for a new car were coming through the scheme, with that
number rising. A spokesperson clarified the scheme offered by Mitsubishi,
… » Read more
Investment is a risky
road. Mistakes can sometimes lead to fatal mistakes. It isn’t an easy path to success for an
amateur investor simply because of the vast concepts of the trade market. There
is a lot to learn over time for any investor, no matter how well versed they
may be with the market. However, here are a few tips on how to minimise losses
and to grow your investments over time.
Don’t invest all your
money in one place
This could be one of the
silliest mistakes any investor could make. It increases your chance of sinking
all your funds at a single time if the stock market goes down. alternatively,
try diversification. Putting smaller investments in different companies doesn’t
bring down the risk of loss but it’s better incurring smaller losses in place
of a big one because not all companies’ share values go down together.
Try investing in the
previous year’s winners
The stock market is continuously fluctuating. That’s just how online share trading works. However, a useful tip for a potential investor could be investing in last year’s winners. It is also important to keep in mind economic health, interest rates, consumer confidence and political issues.
Consider short term
Before investing more money in long term portfolios, try short term investments like IPOs (check the upcoming IPO list). It’s always better to be safe than sorry while investing and the stock market is no exception. Even though your profit margin won’t be big, you stand to lose a lot lesser if the share value falls. One should start with opening a demat account. Once it feels like a secure company to invest in, then the investor can consider long term investments
Do not copy someone else’s
It is human tendency to
… » Read more