Car finance loan v personal loan

R

!RAY

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Hi ALL

I about to buy a car and need to get a loan for this. The loan is about 30,000 euro and I would hope to pay this off early next year as I will come into a few bob. If I go with the car finance loan there is a penalty of about two months payment (1,300) loan is at 7%. The personal loan interest is calculate day by day so there should only be a small amount to pay, but it is at a rate of 10.5%. Is there any other way to finance this loan?
 
Tesco offer competitive fixed rates and don't charge a penalty for early repayment. Their approval process has been taking a long time recently from what I have heard, so it might not suit.
 
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