Need advice? Bank on us...

IT IS no longer enough just to choose between colours and makes when buying a new car - there are many other decisions to be made. Payment options range from hire purchase and personal loans to personal contract plans and leasing deals. And you can buy privately, from an auction or from a dealer.

And if you want to save money you can import a car from Europe or buy over the internet.

The pros and cons of each have finally been brought together in the first of a series of unique advice banks on www.thisismoney.co.uk. The advice banks are step-by-step guides and if you have any questions on a given subject you should find the answer there.

But they are also designed to be dipped in and out of - so if all you want is details of netbased car importers, go to that section of the cars advice bank - you'll find direct links to the key importing firms, for example.

If you want to know more about the pitfalls of insuring a new or existing car, look at the insurance section. Plus there is an entire section on how to sell your car.

So far, thisismoney.co.uk has plain-English advice on internet banking, buying and selling a house and mortgages as well as car buying. Many more are to be added.

So, if you're looking for a step-by-step guide to your financial situation, take a look at this constantly updated feature.

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