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Log book loan
A logbook loan is a waty of securing short term finance against your car and still being able to carry on driving the Nissan Micra. You simply sign over the V5 documentation until the finance has been repaid in full over a short period of time defined at he time of bill of sale. V5 loans made easy.Once you clear the cash advance, the logbook is signed back to you. Throughout the process you still get to keep and drive your Micra.
A log book loan must be thought over carefully, as if you do not repay the short time in or before the recommended time scale, you will end up paying higher amounts in interest. Failure to keep up with your repayments, or if you default too much, your car will be repossessed, and there is nothing you can do about it. |
Logbook loans
To qualify for logbook loans, there are certain criteria that you and your Nissan Micra must be in compliance with, and this include:
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The Nissan Micra must be under ten years of age
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You must be over 18 years of age
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You must be named on the V5 documentation
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The car must be taxed
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There has to be very little or no outstanding finance againsty the vehicle
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There has to be no other loans secured on the motor
No credit checks on your are undertaken as the logbook loans are secured agaisnt you and not the car. If you feel you can satisfy the above recommendations, and are confident you can pay nack the cash advance within the specified time scale or before, then you are well no your way to getting a same day short term in the form of logbook loans.
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This website is operated wholly by a marketing agency that works as a conduit for car insurance companies in the UK offering cover and policies on nearly new and used Missan Micra's. We are no way affiliated, or claim to be a part of Nissan UK (Nissan Motor GB), or any arm of the Nissan brand worldwide including Nissan Jidosha K.K. (Nissan Motor Co. Limited). If you would like to see what insurance packages Nissan have, or would like to buy a new or nearly used Nissan please visit Nissan.co.uk.