The importance of selecting the right car finance broker can’t be understated – at Magnitude Finance we know the criteria that people are looking for when choosing a car finance broker, read on for our expert insights. Recap: Understanding What a Car Finance Broker Does In previous blogs, we’ve already covered the primary duties of … Continued
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The Financial Conduct Authority, as part of the Bank of England, are the financial regulator who control the rules surrounding car finance and dictate what regulations companies need to adhere to. Failure to meet these aforementioned regulations can result in expensive litigation and a loss in customer trust: Consumers, brokers and lenders alike need to … Continued
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The Current Car Finance Market in the UK Today, the car finance market is going through a period of transformation. More than ever, finance providers are focusing on customisation, online sales and marketing techniques, and the advancements of digital tools to improve the customer journey. In this article, we’ll explore how the history of car … Continued
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The Costs of Car Ownership Having a car is essential for many British commuters, but buying a new car outright brings many costs you might not have considered. However, while there are lots of affordable cars to buy with no monthly fee, finding the right car can be difficult. That’s why car finance is so … Continued
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Finding the right finance agreement for your next vehicle can be tricky – that’s why car finance brokers like us exist. At Magnitude Finance, we understand the importance of getting you the best deal. So, what exactly do brokers do? What is a Car Finance Broker? A Car Finance Broker is a business or individual … Continued
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Car finance is a popular, practical option for many people in the UK. Providing a way to spread the cost of a vehicle instead of purchasing it in one go, it’s not hard to see why this is the case. However, car finance is a trade-off between budgeting and spending, so you need a plan … Continued
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Exploring the Role of Credit Checks in Car Financing – Understanding the Impact of Credit Scores on Loan Approval Understanding Credit Scores In the world of Car Finance – a credit check can make-or-break your finance application. Your credit score is a useful indication of how financially robust you appear to lenders however it is … Continued
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Stay tuned for our in-depth analysis of interest rates, their mechanics and how they impact different types of car loans. When it comes to car finance, favourable interest rates can mean all the difference in the world. Interest rates rise and fall like the tide, with central banks and every stock market around the world … Continued
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The Volkswagen ID. Buzz is the latest addition to VW’s growing family of EVs. It’s styled to mimic the iconic VW T2 bus from the sixties and seventies and VW is hoping to rediscover the magic with this new electric version. Harry‘s here to find out if this EV is as good to live with … Continued
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Which is better, the 296 GTB, or the Ferrari SF90? Ferrari is THE most well known supercar brand without doubt, producing beautiful cars year on year, and the 296 GTB is no exception. The companies first V6 hybrid car, with the V12 on its way out and the V8 soon to follow, this is an … Continued
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This might just be the perfect spot for these cars… Porsche has produced some masterpiece cars over the years, with so many hits it’s hard to keep track of them all! In recent times the GT4 RS and the 992 GT3 have proven to be very much in this bracket. Very different cars in their … Continued
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There are several elements that make a supercar stand out from other vehicles. They’re symbols of luxury and prestige, known for their power and design and produced by companies with reputations for developing classic cars. If you’re in the market for one of these iconic cars, financing a supercar is one of the best ways … Continued
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In life, we all have dreams. If you’re anything like us, then at least one of those dreams involves owning a prestige car of some kind. Sleek, sexy, gorgeous machines with nothing but power and luxury seeping out of them—who wouldn’t want that at their fingertips? So, what stops this dream from becoming a reality? … Continued
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