Rates from 8.9% APR. Representative Example: Borrow £12,000 over 5 years with a £0 deposit. Representative 19.5% APR fixed rate. Monthly payment: £304.38. Option to purchase fee £10 payable. Total cost of credit: £6,272.80. Total amount repayable: £18,272.80.
Car Finance 247 Limited is a credit broker, not a lender.
If you’ve found it tough to find finance in the past or have never applied before, you’re probably wondering whether you’re eligible for car finance.
There’s no need to be nervous; even if you’re looking for car finance for bad credit, we can let you know if you’re likely to be eligible in a matter of minutes. A soft search will take place and we’ll only run a hard credit search that may affect your credit score if you choose to progress your application further.
Whatever you think could affect your eligibility – including CCJs, payment arrears, or not having a deposit – we’ll take away the guesswork and let you know whether one of the lenders on our panel might be able to help.
First things first, head over to our car finance calculator. Here you can enter how much you’re looking to borrow and how long you’d like to have to pay it back. The calculator will work its magic and give you an estimate of your monthly repayments depending on your credit rating.
Then it’s time to get a quote. Complete our application form in as much detail as you can. We understand that you might not know exactly how much you’d like to borrow at this stage but the more accurate you can be, the easier it is for us to find out whether you’ll be eligible for car finance or not.
Once you’ve submitted your form, we’ll do the rest. We’ll take your requirements to our panel of lenders, run a soft search on your credit file (which won’t affect your score), and let you know if you’ve been approved in principle. Ready to take the next step? Your dedicated account manager will give you a call to talk through the details and help you find the right car for you.
For illustration purposes only. The rate and payment you may be offered will be based on your individual circumstances.
We look to find the best rate from our panel of lenders and will offer you the best deal that you’re eligible for. We will be paid a commission for providing our services and this commission may be a fixed amount or a percentage of the amount borrowed. The interest rate you pay is directly linked to the amount you are borrowing and your individual credit status.