Whenever you’re making a large purchase, the first thing that should always pop into your head is the Section 75 consumer protection benefit.
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​What is Section 75? This consumer legislation gives you protection on any purchases between £100 and £30,000 should anything go wrong. All you have to do is contact your credit card company and they will look into whether or not you can claim the money back. We strongly advise using a credit card to at least buy part of the car (if you are not paying in cash) so you can be protected should anything with the sale or the car itself goes wrong.

While a car might be essential to your life, we would recommend making sure you don’t use all of your savings when putting down a deposit – make sure you have some funds left for an emergency.

A car is a large purchase and an important one, so you want to make sure you don’t spend years paying it off at a huge interest rate. If you have poor credit history you can also look for bad credit car loans.

Also, remember that the size of the loan you are likely to be offered will be affected by your credit rating. If you have bad credit history then lenders might not offer you a large loan, meaning you might have to find some of the money to buy your car elsewhere.

When browsing car finance options on TotallyMoney, keep an eye out for TotallySure offers, so you can clearly see which offers are pre-approved, and have guarantees. Read more about TotallySure offers here.