- looking at adverts
- Looking at an offer you have already been made
When borrowing money it always pays to shop around. Your local bank or the car dealership rarely gives you the best deal as they have large offices and showrooms to support. Getting quotes off the internet is one of the easiest, no pressure way to shop around. At the very least get a few quotes from the internet and take them to your bank or dealership you may be surprised at the new special discount they "forgot" to mention.
Be especially careful of being offered uncompetitive payment protection plans. The plans are often heavily marked up. One approach is to offer a customer a good interest rate if they take out the protection plan on further investigation you may find the over all deal is uncompetitive.
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