What is a Personal Loan / Consumer Loan?
A Consumer Loan (also known as a personal loan) is for wholly private use cars. A1 Car Loans can structure your personal loan with or without a balloon payment.
Use our FAST QUOTE car finance calculator to see how deposits and balloons can change the loan repayment.
A personal loan can be for the whole purchase price, or you can reduce the finance amount by using your current car as a trade in. The finance provider will have a security over the car, but you are the owner of the vehicle.
A consumer can be from 2 years to 7 years in duration.