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Car finance for pensioners

Hello, I'm on pension credits therefore do I still qualify for car finance?

Charles


Answer

Hi Charles, thank you very much for your question. Yes, we are often able to help pensioners with car finance. What is your credit history like? Also how much are you looking to finance and do you have a deposit? I take it you have a full UK licence and you are on the electoral roll at your current address? Please confirm. Have a good evening. Rachel

Answer correct as of September 2016

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In this illustration your credit score is set to

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Best available rate

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Total cost of credit

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Representative example. Excellent Credit

Borrowing £7,500 over 48 months with a representative APR of 16.8%, an annual interest rate of 16.8% and a deposit of £0.00, the amount payable would be: £211.25 a month, with a total cost of credit of £2,640 and a total amount payable of £10,140.

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Set your budget

£
4 years

In this illustration your credit score is set to

Best available rate
Total repayment
Total cost of credit

Best available rate

Total repayment

Total cost of credit

We compare products from 18 of the UK's top lenders to get you the best deal.

Representative example. Excellent Credit

Borrowing £7,500 over 48 months with a representative APR of 16.8%, an annual interest rate of 16.8% and a deposit of £0.00, the amount payable would be: £211.25 a month, with a total cost of credit of £2,640 and a total amount payable of £10,140.

CarFinance 247 is a broker and not a lender