We check out the Bank of Ireland car finance package

If you are based in Ireland and you are looking to put together the finance to buy yourself a car then have you checked out what Bank of Ireland are offering? In this blog, we are going to take a look at Bank of Ireland car finance and what it can do for you.

Bank of Ireland had endured some negative press in recent years due to their part in the financial crisis, however, they have emerged from under a rock and are beginning to do business again. Their range of finance products is pretty outstanding, with their Car Finance deal particularly strong at the moment. Bank of Ireland's car finance is arranged through a hire purchase deal, and can be arranged both online and in the shop.

Their package offers interest rates of 8.6% APR fixed, which is extremely competitive compared to what other banks in Ireland are offering. It is up to you how long you take out the finance package for, with terms ranging from one to five years. At the end of the agreement and on payment of a small purchase fee, the car belongs to you. There is no documentations fee, and there is also optional payment protection available.

It is worth remembering that with a hire purchase deal, you won't actually own the car until you make the final payment. If you are looking to set up car finance, check out the website at http://personalbanking.bankofireland.com, or else call them at 1890 365 100.


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