If you want to buy a new car you may not have the funds already saved. You have a number of options available to you but you need to decide whether you are going to save the money and buy it outright or have it on finance. If you cannot wait and need a new car quickly then saving will be out of the question. When it comes to financing a vehicle, you have a number of options. If you are buying the car from a garage that offers finance, then you could choose to have it through them. Many finances companies offer packages starting from around four or five percent APR but you may find some that offer zero percent, on new cars. You will still often have to put down a deposit but you can often trade in your old car to cover this.
Before signing up to the car finance agreement, it is a good idea to shop around a bit. You may be able to get a loan from your bank at a lower rate, or if your credit rating is good, take out a zero percent credit card. Some credit cards come with a interest free period on purchases of 2 years, after which you could transfer the remaining balance to another card if needs be.