No car lasts forever, but when they do finally break down for the last time it always seems to happen at the worst possible moment. If you are used to relying on your car to get around, suddenly finding yourself without one can cause major problems. It's harder to get to work, it takes longer, and trying to do the weekly shopping without relying on the car is almost impossible.

The problem is, it's not always as simple as popping out to buy a new one. Quite apart from the paperwork side of things, there's the question of money to consider. How can you get a new car if you can't afford to buy one? Your first thought will probably be to get a car loan to help you buy your next vehicle, but if you have a bad credit rating your bank is unlikely to look favourably on lending you money.

Of course the amount of money you need will depend largely on what kind of car you want to buy. If you are finding it hard to get the money together then you will no doubt be looking at the cheapest cars you can find. This can be a temptation you might be better off avoiding however. Buying a cheap car can leave you open to the possibility of further break downs and repairs in the near future, as the car is already several years old.

Happily there is another solution. Even car hunters with poor credit ratings can apply and be accepted for personal car finance through specialist lenders and brokers, which has two main benefits over other solutions.

Firstly you'll often find that the loan is secured on the car itself, which means you won't need to put up any security to make the loan possible. Secondly you will also be able to afford a much better car than you would be able to otherwise, meaning it will last far longer and be much more reliable as a result.

One of the main problems of having a bad credit history is the task of improving it again. It can be done of course, but it generally takes time and it can hamper your chances of getting credit anywhere else until your rating improves. This is where car finance can come in very useful, because as long as you meet your monthly payments you will be improving your credit rating with every month that goes by. This can have an enormous effect on your future status.

So if your car is looking decidedly shabby and it's time to find a new one, there's no need to worry about how you are going to afford it. A personal car loan direct from a car finance company might be the perfect solution.

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