Marks and Spencer Car Buying Plan
The M&S Car Buying Plan makes it easier and cheaper to get the car you want, with a low rate of just 6.4% typical APR and an option to defer up to 60% of the loan until the end of the term, making your repayments much lower than they'd otherwise be..
At the end of the term, you can either sell the car to repay the deferred amount, then take out a new plan for a new car, or you can keep the car and continue making repayments until the loan is cleared, or you could even clear the loan with a lump sum if you have the funds to spare.
With a car loan from M&S, you're not restricted in where you can buy your car from, and you'll effectively be a cash buyer and so are likely to get a better deal in the showrooms.
Car Buying Plan summary
- Low rate of just 6.4% typical APR
- Borrow from £10,000 to £25,000
- Defer up to 60% of the loan until the end of the term, making your monthly payments much lower
- No deposit or fees
- Also available for motorbikes, boats and caravans
|
Other Marks and Spencer Products: Travel Insurance, Pet Insurance, Marks and Spencers '&more' Card, Marks & Spencers Loans |
|
Marks and Spencer News Stories: The £1bn Travel Money Stockpile, M&S Money Sold to HSBC |
Home - Car Loans
