FLA has re-launched its online guide for customers seeking to buy a car on finance, in order to combat complexities and simplify jargon.
The new website – www.FinancingYourCar.org.uk – explains to customers the different finance options available to them in the showrooms, allowing them to find the finance option most suited to their needs.
The new site features a number of key services, including ‘Ask an Expert’ – where users can submit a question about how different products work – a finance calculator to help customers work out what they can afford, and a ‘Jargon Buster’ that will explain the often confusing terminology used in finance products. The new tools have been designed to help buyers do their research before visiting the showroom.
Similarly, unique to the freshly launched site is an online tool, which finds Specialist Automotive Finance (SAF) dealerships, providing customers with confidence that they are speaking to a motor finance professional.
Using postcodes, the site lists the ten nearest SAF approved showrooms to each user, and includes links to the dealers’ websites along with directions.
Head of motor finance at the FLA, Paul Harrison, said: ‘September always sees a surge in car sales because of the new registration. This new website will be a timely resource for those planning a purchase.’
He added: The range of motor finance products can be daunting but the FLA’s Financing Your Car website is designed to talk car buyers through the complexities and simplify jargon, helping them be more informed when visiting a showroom.’