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Can i get car finance with an EU drivers licence?

Hi - I am a European citizen and have been in the UK for three and a half years and am on the electoral roll. I have a couple of credit cards and have had no problems with payments. However, i still have a European driving license. Is this a problem? Nick

Asked by Nick

Hi Nick, no this is not a problem. We have a few lenders who accept people with EU driving licences. As you will have a good to fair credit rating due to not missing any payments then we'll have a very good chance of getting you approved. How much finance do you require and do you have a part exchange or deposit to place into the deal? Can you also prove your income with payslips or bank statements if required? Kind regards, Rachel :-)

Tim Carpenter
Answered by Tim Carpenter Car Finance Expert Edited on

Liked by 39 People

£
4 Years
Best available rate XX% APR
Total cost of credit £ XXX.XX
Total repayment £ XX,XX.XX
48 monthly
payments of
£ 245 98

Representative example: borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96


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