With manufacturers struggling to meet new cars orders globally, this is leading in turn to demand for used cars outstripping supply.
Further pressure on the used car market is being driven by the reluctance of many to return to using public transport while the Covid pandemic persists.
For anyone looking to buy a second hand car, having immediate access to finance at competitive rates can be critical in securing a sought after vehicle in a sellers market.
In order to help people move quickly to complete a deal, finance company Bluestone Motor Finance is offering a new service called ‘Arrive & Drive’’. Aimed at the most creditworthy people looking to purchase a vehicle up to three years old with under 100,000 miles (160,000km), including hybrid and electric vehicles, the offer includes access to 0% deposit for terms of up to 72 months, with decisions being notified to customers in under an hour
Bluestone Motor Finance Ireland, part of the Bluestone Group, is a specialist motor finance provider that also provides finance to car buyers whose profile may not fit with traditional lending criteria, offering a service-led approach to helping consumers and business users with a limited or impaired credit history.
For all potential buyers, Bluestone offers a hybrid, fintech and personal approach to motor finance which in such turbulent times has proved to be very valuable, says Bluestone’s MD Donal Murphy;
“As we look forward to the prospect of getting our lives and the economy back onto an even-keel, easy access to a car will be essential to the personal mobility people are seeking. As motor finance experts, we are delighted to add Arrive & Drive to our capabilities to help more people get behind the wheel of their next car.”
“As we have proved over many years, we are very good at making customers’ car and van buying dreams come true. Even if an applicant does not have a perfect credit history or has limited residential status information, our combination of leading-edge technology and human touch can make more approvals happen, including for self-employed people.”