With UK house prices going through the roof in recent years, many people are choosing to live further and further away from the big cities, as they strive to find more affordable housing. Subsequently, this means more people are relying more on their cars to get around, with public transport often not offering the same reliability that is inherent in private transport.

Indeed, many people feel more justified in buying a new car given the money they are saving by living further out of town. But even with the money that is saved, most people will still need some form of car finance plan in place in the first instance. And if the right deal isn't found, the money they are saving on their rent or mortgage could be negated, as car credit is often the next biggest monthly household outlay.

Of course, as is the case when buying anything, it pays to shop around. But not only is it important to find an affordable car loan, it's essential that the car itself provides value for money. After all, there's little point in finding the cheapest deal out there, only to then buy the cheapest used car on offer, then find it breaks after a few months. This will only end up costing more in the long term.

Many people find themselves in a situation whereby owning a car is more than a matter of convenience; it is the difference between them being employable or not. But a bad credit history has precluded countless people from getting a car loan in the past, regardless of the reasons behind their negative credit rating. And this is a classic catch-22 situation, where a car is needed to get to that new job to earn the money and improve their financial predicament, but there is no means in the first instance to secure the funds to buy that car.

Fortunately though, this situation is becoming less and less common, as lenders look to other aspects of an application to decide whether or not they will say yes to car credit applications. In fact, there are even some lenders who specialise in this market, offering car finance to those with a blemished credit history.

So, with many people now ‘going rural' as they attempt to stave off rising housing costs in the UK, this has increased people's reliance on private transport to get from A to B. And for many, car credit is the second biggest monthly outlay next to their mortgage, meaning it's prudent to find the most affordable deal around.

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