Discover Antoine’s testimony on the purchase of Auto Loan
Antoine is a salaried employee, married with two children, and his 8-year-old vehicle requires a lot of major repairs. For him, it is not a question of carrying out the work necessary to put it back in working order, because the amount of the invoice is too important. He would like to buy another vehicle to get off to a good start, but with two ongoing consumer loan repayments, he can not afford to pay an additional monthly payment … What financing solution has he been offered? The purchase of auto credit ! Discover his testimony.
I need a new loan to change car, but I already have loans in progress …
“In recent years, the maintenance of my vehicle is more important than before and it is very expensive. Recently, it is still broken down and with the hardening of the technical control, I will have many repairs to make … I asked a quote to my garage to estimate the price (parts and labor). But the price is too high compared to the value of my car. The solution: replace it by buying a new or used car.
I do not have any savings to buy it, so I need financing. But, I already have two loans in progress (personal loan and works) and my budget does not allow me to assume a third monthly payment. I contacted my adviser Pre-finance to find out if he had a solution to offer me and that’s where he told me about the purchase of auto credit .
Thanks to the auto loan redemption I regroup my credits and I finance my new car
“My Pre-finance advisor explained how the credit pool worked and finally it’s pretty simple!
It consists in gathering all my loans conso (except real estate) in one: a single monthly payment with a single creditor. The most interesting is that I can integrate the amount necessary to purchase my new vehicle in this new funding. So, even with the purchase on credit of my new car, I will have only one monthly payment instead of three. This sort of merger they call in the business ” pooling credits “, allowed me to lower my debt ratio, reduce my monthly repayment, but of course by extending the duration of my loan.
From now on, I have only one credit in progress.
I found the financial balance thanks to the auto loan redemption!
“It’s as if I finally renegotiated my loan contracts. This debt restructuring has been beneficial because it has been an opportunity to optimize my borrowings and improve my economic and financial situation. The auto loan redemption is not a miracle solution, however, it has brought me significant benefits: I now manage with greater ease and foresight my budget since I have only one contract and a single interlocutor . Thanks to the staggering repayments over a longer commitment period, I have a larger amount of money left over each month. Indeed, my new monthly payment is less consistent than the previous ones. “
I chose Pre-finance for my auto loan redemption
“If I selected Pre-finance rather than another lender to realize my auto loan redemption, it’s for several reasons.
The first is that this financial institution is known and recognized for many, many years. It is nearly 70 years old and is a subsidiary of Crédit Agricole, it’s reassuring.
The second is the expertise of the advisor who knew my situation and accompany me in the realization of my project. The second is the expertise of the consultant Pre-finance, who has understood my situation and accompany me in the realization of my project. We did together a simulation auto loan redemption and I was able to ask all my questions before committing myself.
Feeling accompanied and benefiting from personalized advice, this is priceless … “
Like Antoine, do you also plan to buy a new or used car but you have consumer loans in progress? Discover the Pre-finance auto loan buyback in more detail.
And follow the advice of Turbo.fr to choose your second hand vehicle.
Discover our other types of credit redemption
Repurchase of credit work – Purchase of credit consumer – Purchase of personal loan