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Mike Hodgkinson

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Review of the MotoNovo, Car Finance:

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Expensive way to purchase a car

My finance was agreed very quickly, which I take it to mean I was a good risk. But, this is not by a long way the cheapest way to finance a car. The interest rate is high(by High street bank standards) and the final payment which includes an extra £300 approximately is difficult to justify. I paid off my loan within a month and had to pay too much over the amount borrowed(in my opinion). For this reason I cannot recommend financing your new vehicle this way. Reviewed on: 21st May 2018

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