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Win your car finance with CarFinance 247


If you win, we'll pay off the finance on your car. It's that simple! Your car becomes completely yours, free and clear.

This amazing offer is open to anyone who has secured car finance with us throughout 2023, including Decemeber 2023!

This means that there's still time to enter, get your finance in December, and you're automatically in!

The lucky winner will be announced the week beginning 5th February 2024 on our instagram page.

Terms and Conditions apply.

Is an Age Limit for Car Finance?

Tim Carpenter
Written by Tim Carpenter

At CarFinance 247, we are pleased to say that age really is just a number. While you do need to be at least 18 years of age before applying for car finance, we are often able to help young people to secure a loan – even those with bad credit.

Don’t worry if you’re an older driver either. Perhaps you’re retired or a pensioner – we can typically help people with circumstances like yours too.

We work with a number of specialist lenders who will consider car finance even if your age has hindered any application for credit in the past.

Regardless of your age, when assessing any finance application our lenders will look at your driving licence status (whether this is a full or provisional licence), your income and your credit history.

If you are a younger driver it helps if you establish a credit history, as this is always going to be something that a lender will examine. You might start to build up credit by opening your own bank account or arranging some other form of credit, such as a store card or a contract for a mobile phone, should you not have any of these already. Another recommendation is to make sure you are on the electoral roll too (registered to vote).

Don’t worry if you haven’t got much credit – our large panel of lenders means that we do have specialist finance options available for those with minimal credit history, as well as for those with bad credit.

In the absence of any appreciable credit history, you could apply for a guarantor loan. This is someone (such as a parent) who has already established a good financial standing and who guarantees to make the credit repayments if you default on them for any reason. The maximum age for a guarantor that we can accept is 80.

Even if you no longer work, this is not an obstacle to you getting approved for car loan, as long as you have some proof of income.

We consider all circumstances and can finance cars, vans, motorbikes, caravans and motorhomes from any reputable UK dealership, so why not use our car finance calculator to see how much you could borrow?

Get my quote
Rates from 9.9% APR. Representative APR 19.9%

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Tim Carpenter
Tim Carpenter Car Finance Expert
Get my quote
Rates from 8.9% APR. Representative APR 19.9%




Rates from 8.9%: the exact rate you will be offered will be based on your circumstances, subject to status.

Representative example: borrowing £10,000 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £255.50 per month, with a total cost of credit of £5,329.80 and a total amount payable of £15,030.

We look to find the best rate from our panel of lenders and offer you the best deal that you're eligible for. We earn a commission for providing our services, but this does not influence the interest rate you’re offered in any way.

5 years
Total cost of credit £ 2000
Total repayment £ 2000
48 monthly
payments of
£ 245 98

Rates from 9.9%: the exact rate you will be offered will be based on your circumstances, subject to status.

Representative example: borrowing £25,000 over 48 months, £3,750.00 deposit, on PCP, with annual mileage of 8,000pa, and a representative APR of 11.9%, an annual interest rate of 11.9% (Fixed), the amount payable would be £394.51 per month, an optional final payment of £7,194.33, with a total cost of credit of £9,912.36 and a total amount payable of £28,444.33. 

We look to find the best product from our panel of lenders and will offer you the best deal that you’re eligible for. We earn a commission for providing our services, but this does not influence the interest rate you’re offered in any way.

Can't find the right answer?

Our Manchester based team are ready to help you.


* The UK's largest online car finance broker by unique users to the website. Based on Similar Web data – 1,137,647 to CarFinance 247 vs. 753,819 for nearest competitor. January to June 2023.

CarFinance 247 is a trading name of CarFinance 247 Limited. Registered office: Universal Square, Devonshire Street North, Manchester, M12 6JH. Registered in England. (Registration Number 06035525).

CarFinance 247 is authorised and regulated by the Financial Conduct Authority for insurance distribution and credit broking (Firm Reference Number: 653019). CarFinance 247 is registered with the ICO (Registration Number Z1897658).

Finance is subject to status and is only available to UK residents aged 18 and over. Written quotations are available on request.

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