Finance

The Internet has become the best place to find competitive car finance.

We went looking for the silver linings in the many finance sites out there and struck gold.

Its good to see lenders not pushing their payment insurance products to hard,and the online finance comparison sites found some great deals. If you've got adverse credit history,comparison sites are for you. Most offer special products aimed at nonstandard risk.

The APRs quoted are all for a £15,000 loan repaid over three years and with no repayment insurance. Based on this we found top deals in unexpected places. Read on and meet a highly respected outfit whose APR is nearly half that of one of the major high street banks.

Sites we recommend:

This is still the best site for car loan comparisons, because although it does a job that is very similar to moneygator.co.UK it has an even wider comparative base . Verdict terrific site stunning APRs.

As you'd expect all your financial needs related to motoring are created for on this site. But don't forget about the breakdown cover,the car insurance and the personal contract purchase (PCP) packages because the big news is the stunning APR that the RAC has come up for loans of £12,600 or more. We had to phone up to check that the rate of 7.9 per cent applies to both members and nonmembers alike. And it does! Members do get extra benefits on top.
Verdict The excellent rate of 7.9 per cent means this should be your first port of call if you're after a loan.

The bank of Scotland offers a full personal contract purchase (PCP) package. Called Freeway, it includes servicing, maintenance and breakdown cover. Its well worth considering if you're handing back your company car. You can ask the Bank of Scotland for a motor insurance quote too. Verdict A major bank reacting to changing needs of car buyers.

There's good value here as you'd expect from Tesco.Car loan APRs start at 8.4 per cent, but that's not the end of it. The site is cheerful and simply designed- and there's good motor insurance on offer too.
Verdict All the value and ease of use you'd expect from Tesco.