How Car Finance Works

Step 1 - Apply

Please complete our very simple car loan application that should take you no longer than 3 minutes. A decision will be obtained on your application within 2 working hours. You will be informed by email as to whether you’ve been accepted or declined.

Step 2 – Discuss your Budget

Once accepted your application will be assigned to a carfinance247 account executive who will be on hand to discuss your every requirement. Your account executive will also discuss your monthly budget which will depend upon your monthly income and inform you of how much you can borrow.

Step 3 – Find a Car

Now to the exciting part! Tell your carfinance247 account executive what car you want. We will then source you the perfect car from our extensive range of stock and come back to you with a few quality options. When you are happy with a particular car we will ask you to leave a small deposit to take the car off sale.

Step 4 – Collection/Delivery

You can now choose (depending upon which lender you have been approved with) to collect your new car from our handover centre in Manchester or have your car delivered to an address of your choice. On delivery of your car the finance paperwork and invoices will be signed and the deal completed.

Step 5 – That’s it

You are now free to enjoy your new car!