What bank is best for car loans?

What's the best bank for a car loan?

Eric Mullins (Dublin)

Jan 2012 Filed under: finance

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Expert answer

Hi Eric,

I'm afraid there's no easy answer to that. It'll depend on your circumstances and on the amount of money you wish to borrow as much as anything. While it is not as easy as it once was to obtain credit banks are happy to loan to 'good bets'.

Beyond the high street banks it's well worth checking out what finance the dealer you're buying from offers. Several car makers have effectively set up their own car finance arm to make the process easier. This includes BMW/MINI, Ford, Renault and the Volkswagen Group.

As ever shop around, but if want some specific help please do come back to us.

Shane O' Donoghue - Complete Car Adviser
@Shane_O_D