We currently own our cars outright. Both 10 years old, one is fine and well maintained.
The other one (the family car) is becoming more and more expensive to run and in the next year will cost a lot to get through MOT.
I'm starting to look about at cars to replace it with but it's not worth anything to sell and we don't have huge savings.
We don't have any loans other than our mortgage.
I don't fancy leasing a car as I'd be worried about what to do after the lease is up.
Cars seem such an expense, would it be better to take out a personal loan for a car or finance it via HP to take advantage of dealer contributions and 0% finance offers?