Originally Posted by Chris R53
5% isn't bad for used car finance, with a GFV of £5k I'm inclined to ask what the sale price is?
May be worth looking into a HP for a similar amount of time or drag it out a year and the payments may be similar except you aren't gaining interest on a balloon payment.
If you can get a secured loan against the car from a bank that may be a better still rate
It's just over £11k. It works out at around £160 a month which is £10 more than I wanted but they're not moving :-)!