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Thursday, 14 July 2011

Halal car finance

Q.   InterestFree4Cars.com- a permissible finance solution for Muslim beliefs in the UK?

Conventional United Kingdom financing options conflict with the core beliefs of the Muslim faith, and as a result, gives Muslims living in the UK who wish to finance a used car no choice but to go against their beliefs.  The core of Islamic economics is a prohibition on interest, meaning Muslims cannot take or give interest on anything.

This immediately creates a problem for Muslims, as conventional banks charge borrowers an interest rate through which they make profit.

Sharia law requires that Muslim people are not permitted to pay or receive interest.  In order to comply with Sharia, consumer banking has set up services for Muslim customers offering mortgages, this usually involves the bank buying the house but selling it back to the borrower at an inflated price and the customer paying ‘rent’ until the total amount is paid off.

An empty space waiting for halal (Lawful/Legal) car financing has been evident in the UK, InterestFREE4cars.com aims to fill that void by providing an honest, interest free finance option on all of our cars.

A Muslim car financing option has been required for a long time.  Interest free 4 cars offer customers good, quality used cars on finance with no interest payable over the term of the loan.  There is no hidden cost at any point of the agreement.

The cost of the car is spread equally over a maximum of 4 years.  The borrower is the registered keeper of the car and is responsible for the upkeep of it including servicing and repairs.  Extended warranties are offered (optionally) and can also be financed at 0%.

There are no fees for early settlement of the loan.

After careful research on the web for alternatives, it seems that the search for true Islamic car finance could be over.  Interest Free 4 Cars, whilst not Muslim based, ticks a large number of boxes associated with Islamic beliefs regarding financing. It offers Muslim people in the UK a great opportunity to finance a car without the forbidden element of interest, whilst also following the basic principle of being honest and transparent.

Wednesday, 13 July 2011

HPI checks- offering peace of mind when buying unseen

So you want to buy a car? You’ve found what appears to be the perfect choice on a website, but you’re unsure how to proceed because you’re not in a position to view the car first before ordering it.   Many buyers refuse to commit to buying a car - particularly one with a few miles already on the clock - sight unseen.

InterestFREE4cars.com are fully aware that choosing to buy a car before you view it can be daunting.  That’s why we do everything we can to put your mind at ease when we arrange a sale with a customer.  If you’ve already had a look at our website then you will have seen our huge range of cars, all available with 4 years interest free payments
All of our cars are HPI clear.  We even give you the certificate with the car to prove it.
Did you know?
  • 1 in 3 vehicles has something to hide
  • 1 in 4 will have outstanding finance
  • 1 in 25 have been written off
You’ll be happy to know that every car we sell features ‘none of the above’! 
When you are buying a vehicle, you need to be confident that it hasn’t been stolen or is still on finance for somebody else. You will also need to know if the vehicle has been written off. You know that you'll find out everything you need to know about the vehicle from an HPI CheckInterestFREE4cars.com only offers cars that are clear on a HPI check

A bit about us.....

Car finance is made easy with InterestFREE4Cars.com.  We have up to 1000 cars to choose from, all with interest free finance with payments that can be spread over 4 years!

Yes! - 0% interest free credit is available on all our cars, with no catch! We can arrange the finance over 48 months with ZERO interest to pay. We also take part exchanges, so you can reduce the amount you borrow.

With new cars arriving daily, InterestFREE4Cars.com is a dynamic online dealership that can provide you with a great competitive price on a used car and also save you £££s on interest charges!

So that we can always maintain our offer of 0% finance on all of our cars, we have to keep our business running costs low.

This is why we have one collection depot based in Hull, East Yorkshire.

If you are looking to collect your new car then you will have to travel to Hull, however, we can deliver to your door. Please see the delivery section for details.

So what's the catch?

For most of our customers the first question asked is "what's the catch?" and the most honest answer we can provide is that "there isn't one." As independent direct vehicle retailers we don’t have anything like the "costs" associated with a regular dealership (expensive showrooms, lucrative commission structures for salespeople etc).  These cost saving measures allow us to subsidise the associated finance charges and ensure you get the best deal available on the widest range of vehicles possible.

Have a look today on InterestFREE4cars.com.  Car finance made easy.