Why you should be careful before believing a price on a website or in an advertisement.

Why you should be careful before believing a price on a website or in an advertisement.

When comparing prices between car dealers, other car finance websites and FinanceAcar, be mindful of tricks which may be used to make the monthly price look attractive, e.g. by increasing the size of the initial deposit.  Remember to take all elements of the deal into account and look at the total amount paid across the whole finance period.

One marketing stunt that is used by some dealers or brokers is to offer a zero or low APR for PCP or hire purchase. A low APR might not mean that you are getting a good deal. The best way to compare two deals with different APRs is to look at the total amount payable across the finance period of each deal. You could have a lower APR but a higher amount that you need to pay. The reason for this is that the price of the car used for the deal is more expensive than the other one that has a higher APR.

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