What paperwork do you need to prepare for car finance?

Be prepared and help your application go as smoothly as possible by checking out our quick guide to the paperwork you’ll need to have when you apply for car finance

Written by Verity Hogan
Main image

Personal Details

First things first, let’s get personal. We’ll need some personal details to get your application underway. This includes your full name, your date of birth, and your address. This helps us easily identify your application and carry out any soft credit and affordability checks.

Bank Details

Don’t worry, with CarFinance 247 you won’t be charged when you apply. You will be asked to enter the details of the account you’d like your monthly payments to be taken from though so that your finance can be set up smoothly.  

Proof of address

Now that you’ve entered your address, we’ll also ask you to provide some supporting documentation. This usually means we’ll need a copy of something like a utility bill – your latest electricity or water bill, for example – or your council tax bill for the current year.

Proof of income

Next up, you’ll need proof of income. Lenders typically want to know whether you’re employed, self-employed, retired or a student, where you work, and how much you usually earn each month. This helps them double-check that you can afford the car loan you’ve applied for. A copy of your most recent payslip is usually a good proof of income.

Driving Licence

While there are lenders that can offer car finance to people without a licence or with a provisional licence, many do ask that borrowers have a driving licence. If you’re asked to provide a copy, you’ll need to make sure that your photograph and all the details – including your address – are clear and easy to read.

Smile, it’s selfie time!

You might not always be asked for a selfie, but when you’re applying for finance online, it can be difficult for lenders to be certain that you are who you say you are. To make sure that nobody is impersonating you and trying to take out finance in your name without your knowledge, you might be asked to pose for a photo holding your driving licence. It’s just an extra level of security.

Ready to make an application? Get a quote with no impact on your credit score. Rates from 7.9% APR. Representative APR 21.9%.



Verity Hogan

* The UK's number one online car finance broker by unique users to the website. Based on Hitwise data – 1,746,657 to CarFinance 247 vs. 666,020 for nearest competitor. January to December 2019.

96% of our customers recommend us: † Based on feedback left on independent review site Reviewcentre. May 2019.

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.

This site uses cookies so that we can provide you with the best user experience. By continuing to use the site you are consenting for cookies to be used. Further information on cookies and how you can disable them is available on our cookie policy.