Just wanted to ask for advice for my brother really, he is 25 years old and is about to purchase a 2nd hand LTI TX2 taxi and is looking for finance. The cheapest he has is Tesco loans, borrowing 9,000 at 7.7%. Is the best deal for him to go for? He has a good credit score etc.
Is there anything else he needs to take into account? He has a quote for insurance already.