What is Pay Weekly Car Finance?

When you finance a car, you will typically pay an intitial deposit upfront and the reminder of the vehicle's cost will be divided into monthly payments. You will need to make these instalments for the set number of months as agreed with you lender until the ost of the car is covered. 

Pay weekly finance offers and alternative way to pay. As the name suggests, rather than making monthly instalments toward the overall cost of a vehicle, you will instead pay in weekly instalments.

The main advantage of paying weekly as opposed to monthly is that your instalment amount will be much lower. Overall, you will pay the same amount (the value of the car at the start of the agreement minus the deposit) but it will be spread out over a higher number of payments, making paying for a new car seem a lot more feasible. Many consumers find this payment system easier to manage and the fact that is it not such a significant sum that gets taken from your account on a regular basis can give you more accurate picture of how much money you have available. 

Having a better idea of how much money you have available to spend can also help you to ensure that you stay on top of your finance repayments. Missed payments means being in debt with your finance provider which is not an ideal situation. With monthly payments, it can be easy to spend your monthly earnings with remembering to keep a certain amount in your account to cover the cost of your finance instalment, whereas paying more regularly can make it easier to remember this outgoing amount and keep on track of things.

You will find a huge range of pay weekly car available here at Autozone with models from everyday brands such as Vauxhall, Ford, Renault, Peugeot, Nissan, SEAT and Toyota, to premium manufacturers like Audi, BMW, Mercedes-Benz, MINI and Jaguar.

We stock used cars in Barnsley. Pay the Autozone/Car Credit Barnsley branch a visit and speak to our friendly team of experts about our pay weekly options, or view our full selection of quality used cars online.

To apply for pay weekly finance online, simply head to our finance page on our website and complete the easy to use application form, or find your perfect car online and click the 'Apply for finance' buton on the vehicle details page.
If you want to learn more about pay weekly finance packages, give us a call to speak to our team today!