Bad Car Credit Articles
Electric Car, Car finance thinks is waste of time?
Nowadays, people do lot more for the environment than 20 years ago. We recycle plastics, glasses, papers, scrape car to avoid global warming. As a result, government set a big tax on cars like 4x4, Range Rover, BMW X5, etc. To help the environment, car manufactures put together a car that run on electricity. That should reduce carbon emission claim by the manufacturers.
Its ashamed that car finance and car loans companies does not lend car credit to people who want to buy a electric car like the Toyota Prius. The Prius is not that advance yet, because it still needs to plug the car into the main on a power supply. It’s not advance because the power still has to come from the power station, the emission will be created at the station rather than at the road. So what’s the difference?
That is why car finance companies will not give car credit to people who buying the car which generates similar emission as normal car. Car finance companies will not accept cars that will depreciated too much too quickly, this is for the client protection. Shortfall Extra insurance will protect your car from a write off, stolen situation.
