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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.

Personal loan for car purchase

Hi again, well we are wanting to get the loan now for home improvements and then get the car Finance around September time. I will be looking to get a car for £5500 and should have £700 deposit to put down. We can prove our income as well & between us we earn around £32000 per annum so hopefully this should look good for us?
Asked by Richard C
May 8, 2012
Hi Richard, from what you've said we'd be able to help with no problems at all. As long as you're paying the personal loan monthly payments off on time before applying for car finance that'll look good on your credit profile to be honest and shows lenders that you're a "safe bet" when lending large amounts of money too. I look forward to your application in the future. Regards, Rachel
Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 1 People

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.


Personal loan related questions

Hi there, I am looking into purchasing a car on finance in the near future. My credit score is around 828 - I rent a house and have direct debits going out of my bank for my credit agreements. I'm not too worried about getting the finance sorted but me an

Asked by Richard C
May 8, 2012

Hi Richard, a great question and apologies for the delayed response. Are you thinking of applying for the personal loan and hire purchase at the same time? You seem to have a good credit score so as long as you can prove your income showing that you can afford both loans then i don't see the personal loan as being an issue. What will the personal loan be used for? Also how much are you looking to finance when purchasing your next car and do you have a deposit or a part exchange? Please make an application and once approved you can choose a car from any reputable dealer and we also provide a no obligation quote. Kind Regards, Rachel
Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 17 People

Hi
I'm thinking of a car finance. I would like to spend £6000 because my job now requires me to drive around to visit clients. My credit score is currently 765. What are the options?

Asked by Lamine kaba
May 8, 2012

Hi Lamine, thank you for your question.

You have very good credit and a regular income which is an excellent start. We may be able to help you!

Please make an application when you're ready and if approved you can choose a car from any reputable dealer and we also provide a no obligation quote. Kind Regards, Rachel
Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 7 People

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* 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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