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Home Around-the-World Pandemic Uncertainty: Car Finance Site Offers Hope For Drivers

Pandemic Uncertainty: Car Finance Site Offers Hope For Drivers

A new car finance comparison website, Carplus, is offering hope to those struggling to purchase an essential vehicle.

In a statement made available to motoring World on Tuesday, the company said its move was necessitated by the need to assist a large percentage of the UK population facing financial uncertainty, as a result of job losses and an unstable economy sparked by the COVID-19 outbreak.

It explained: “Carplus is bringing car purchasing and finance to the digital space, with the expert brokers offering cost-effective loans for those looking to buy, regardless of circumstances.”

The company  currently works with several of the UK’s top lenders, including Oodle Car Finance, Moneybarn, PCF Bank, Paragon, and more. This figure is consistently growing, with the firm recently adding Marsh Finance as an approved lender.

Many of those within the Carplus network specialize in poor credit lending, making it easier for those who have been refused finance in the past to secure a deal. And as part of the company’s ongoing commitment to transforming the industry through greater ease, convenience, and transparency, Carplus also helps buyers find the right car, and even delivers.

Roman Danaev, Founder & CEO of Carplus said: “The process of car buying and financing is outdated for today’s consumers. Carplus is reimagining how car finance is arranged by adding transparency and quality into the mix and letting our customers complete their car purchase with confidence. With Carplus, you can buy and finance a used car entirely online, have it delivered to your door, and if you don’t love it, customers can return it for free.

“With public transport frequencies being significantly reduced during the pandemic, and with Government advice to avoid public transport where possible and walk, cycle, or drive to destinations, it is becoming increasingly important for licensed drivers to ensure they have their own vehicle to rely on.

Sadly, the financial uncertainty created by the COVID-19 outbreak is making it more difficult than ever before for drivers to secure necessary financing.”

The new online service offered by Carplus allows drivers to identify no deposit car finance deals from reputable, high profile lenders, and request a free quote without affecting their credit rating.

The service is playing a significant role in helping drivers to purchase a car quickly at a time when own transport is fast becoming a health and safety necessity, allowing them to repay the loan in easy, manageable installments that suit their budget.

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