Zuto has helped a lot of people in the UK to finance their cars over the years with alot of satisfied customers. But what have you heard about Zuto Car Finance that is making you wonder if it’s good or not?
None is perfect and no human institution will get the same reviews from customers. So despite the fact that they have helped thousands, if not millions of customers to secure financing, there are still some people who may not be happy with them. But by the time you’re done reading this article, you should have the answer you’re looking for.
Why Finance Your Car In The First Place?
Car financing is what persons who cannot afford the lump sum amount needed to purchase a car use to get their desired car. The reality is that, not everyone can come up with the cash needed to buy a car. But there are those who can purchase and have purchased cars through car finance where payments are spread over a particular period.
Over two million cars were bought through financing in the UK in 2020 alone which shows how much people depend on car finance. But depending on what route you use and the type of car finance you go for, you may see car financing as a bad idea.
In the UK, the three main types of car finance is Hire Purchase (HP), Personal Contract Purchase (PCP) and Personal Loan. They all have their merits and demerits hence you must first understand how they all work before deciding on which type to go for.
READ ALSO: How Does Car Finance Work in the UK?
So where does Zuto come in? Don’t worry we’ll get there.
Zuto is an auto broker founded in 2006 by Zuto and Ryan to make the entire car finance process less stressful for customers. They are not the lenders but what they do is to help you find a lender whose offer fits your situation without a charging you a dime and with no hidden charges or cost.
They verify dealerships for you and check their history as well and get back to you if there are any concerns.
As one of the fastest rising auto brokers in the UK that has made car financing easy for alot of Brits over the years, Zuto has been listed in the Sunday Times Best Companies to work for.
But is Zuto Car Finance Good? Here is my verdict….
Zuto Car Finance: Good or Bad?
Having doubts as to whether something is good or bad is perfectly normal. Particularly when it’s your first time. But if you ask me, I would say Zuto Car Finance is good. It is not perfect but the merits of using Zuto to finance your car outweighs the demerits.
READ ALSO: How Does A Balloon Car Loan Work
The entire application process can be done online within a matter of minutes and you’ll get a response as to whether you qualify for a loan or not the same day. And the good news is that, you don’t have to worry too much about your credit rating as they are very lenient with that and with rates starting from as low as 7.9% APR.
So yes, Zuto Car Finance is good for anyone in the UK wanting to finance their car. Their team of skilled and experienced staff will give you all the expert guidance you may need to complete the process.
If you have any questions regarding the finance process, you can contact them on 01625-619-944. You can also visit their website https://www.zuto.com/ for further details about Zuto and how it works.