2 of 10 – Things You Must Know Before Buying A Shed or Garage!

Posted on : August 21, 2010

How To Get Finance for Your New Shed or Garage?

Before you consider finance through the shed or finance company, do your sums first, if you pay for the shed in cash; you can often negotiate a much better deal.

If you don’t have enough cash to pay for the shed or garage outright, what can you do?

It may be cheaper overall to either get a personal loan or use the equity from your home so you can pay for the shed or garage in cash and get a cheaper price than going through a finance company as you may have to pay establishment fees on top of the price of the shed or garage.

Some shed and garage finance companies can provide finance for the building and concrete as well, but it will depend on your financial circumstances – how much your income and assets are and how much debt you have.

Some shed and garage companies provide consumers with interest free finance.  You can pay fortnightly or monthly through direct debit or credit card payments.  Once you receive delivery of the shed or garage, your payment plan will commence.  But again, somebody is paying for the finance, usually through a more expensive purchase price, there is no such thing as a free shed or garage after all!

Share

Leave a Reply

*