CarShop @ www.carshop.co.uk

CarShop

The CarShop motor supermarket was formed in the year 1999. They have 5 showrooms that are located in Cardiff, Doncaster, Northampton, Norwich and Swindon, whilst their online presence is controlled through www.carshop.co.uk. Across all showrooms there are over 4000 cars in stock to choose between. Many of the used car dealers that we have introduced don’t tend to do a great job of informing the user of the financing details, but this was fortunately not the case here. The options of Hire Purchase and Personal Contract Purchase are available or you can instead just opt for a personal loan. The repayment span is 12 to 60 months.

They specifically note working with Lloyds Black Horse and Santander, but they may well use other lenders. They state that they secure around £50 million worth of finance every year. There is a CarShop finance calculator attached and so we will pull a £10,000 sum with a term length of 48 months. A series of charges were provided here that included £2202 (Excellent), £2826 (Very Good), £3402 (Good), £3690 (Average) and £5034 (Poor). The representative APR came in at 10.7%, 13.6%, 16.4%, 17.7% and 23.9%. They ask you to give them a call or instead pop into a showroom to run through the application.

There is no such way to directly apply through www.carshop.co.uk. You can visit their dealerships throughout the entire week. The listed opening times are Monday to Friday (9am to 9pm), Saturday (9am to 7pm) and Sunday (10.30am to 5pm). The growth of this company has been impressive, but they still need to play catch up with their motor supermarket rivals. The biggest player is Car Giant that was formed in 1977, Motorpoint has a similar age and then there is Carcraft that goes back much further to 1951. This brand shines through such noteworthy incentives as their 3 month Guarantee, their 7 day Money-Back Guarantee and the Price Match Promise.