Buying a new family car is an exciting time, but it can often be quite daunting when you get round to talking about financing it. With so many financial products on the market, it can be difficult to decide whether you want to buy the car with cash, a bank loan, credit card or some form of finance agreement through the dealer.
Manufacturers such as Fiat are making the whole process of financing your new family car much easier with a number of revolutionary new finance models, giving families the ultimate flexibility when it comes to financing their new car.
Many families will be keen to own the vehicle at the end of the finance agreement, which gives them two distinct options with Fiat finance. The first is a straight hire purchase agreement, allowing you to pay a deposit on the car you’re buying and spread the rest of the cost over a term of between 12 and 60 months. Once all the payments have been made, you will own the car outright and are free to continue driving it or to sell it and buy a new car.
For added benefits, Fiat’s i-Deal finance package allows you to spread the cost over 20 to 48 regular monthly payments, which are reduced because the Guaranteed Minimum Future Value of the car is deferred to the end of your agreement, protecting you against any possible fall in value of used cars. In short, you can drive a new car more often, lowering your servicing and maintenance costs and keeping you right up to date at all times.
If you’re looking to keep costs low and aren’t concerned about owning your car, Fiat’s i-Deal Lease package allows you to lease your car for a period of 24 to 60 months, giving you even lower monthly payments and the option of returning your car and choosing a new one at the end of your contract. You don’t have to worry about selling the car and you can even add all of your maintenance costs into the monthly rental fee to have everything budgeted for in one easy monthly payment.
Fiat’s finance packages are completely flexible, so if your arrangement is based on your annual mileage or circumstances you can easily modify it to meet your new requirements. It’s this kind of flexibility that makes Fiat ideal for any family looking to buy a new car on a finance arrangement.