Can I buy a car on credit from any dealer?
November 7, 2011
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.
Hello, I'm looking to buy a 10 Year old Porsche Boxster. Have you any rules on age and value of choosing a second hand vehicle on finance? The vehicle i'm looking at is £7500 with with 56000 fully serviced miles for its age. Basically can you guarantee fi
Asked by Trevor P
November 7, 2011
If you’re looking for finance for an old car, we could help! We work with a panel of lenders and they can provide loans for used cars up to 15 years old at the end of your agreement.
Financing a used car is very similar to financing a new car and allows you to spread the cost of your car into affordable monthly repayments. There are several types of car finance available for old cars including hire purchase and personal contract purchase. With hire purchase (HP), the loan is secured against the car and you won’t own it until you’ve finished making all your repayments and paid the ‘Option to Purchase’ fee. Personal contract purchase (PCP) gives you more options at the end of your agreement: you can hand the car back, use any positive equity as a deposit in a new deal, or buy it by paying the balloon payment. Monthly repayments are often lower with PCP so you may be able to afford a newer car with this type of finance.
When buying an older car, you can expect there to be some wear and tear so it’s important to carry out checks. These should include looking over the car’s exterior and interior, looking under the bonnet, checking over the paperwork, and taking a test drive.
The car I found is a 2003 BMW M3 52,000 miles reg FE03 WYM. I don't have finance in place yet
Asked by Kenneth Clarke
November 7, 2011
Where would i have to go to pick one of your cars up or can you deliver?
Asked by Ryan
November 7, 2011
If I get car finace from you can I get a car from any car dealership?
Asked by Josh
November 7, 2011
If I found a car at a particular dealership would you be able to help? Or do I have to settle with what you can find?
Asked by Paafio Agyeman
November 7, 2011
Hi, I was wondering if I was allowed car finance but didn't want to sign anything.
I was wanting to know if I could see the deal first before I do anything? £4000 for an old BMW.
Asked by Dougie Mcmillan
November 7, 2011
hi, how old can the car be that i can get finance on and can i chose any dealership i want..
Asked by Sati
November 7, 2011
Hi there, can you arrange a loan so I can buy a specific car from a local garage. I have bad credit and also have a part exchange. I'm also nervous about putting in an application and damaging my credit score further as a result. Please help!!
Asked by Colin Bolam
November 7, 2011
Hello there, Please can you tell if you I can choose a car from any trader/dealer or does it have to be a dealer or car on your list? Thank you
Asked by Antony Quintin
November 7, 2011
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.
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.