LSightly OT, car finance deals?

Oct 09, 2005 0 Replies

Hello all,



I'm looking to buy a new car - after part ex on my old car, I will owe them £5k. I have the money in my savings account (from a 0% credit card earning a bit of interest until april). So I can afford to pay cash for the car. (until april - then I need a loan, but thats a different story!)



So, is cash still king? or would I get a better deal from the dealer getting it on finance and then paying the loan off almost straight away (I think you get penalised about a months interest).



I know I can ask this when I see the dealer, but it would be nice to have a plan in advance!



Cheers all!



Mike


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