Can You Get Car Finance if You Are Not A UK Resident!

Hello, i am not from the UK but i will move there in a month. Is it possible for you to give a car finance to me as i am an EU resident (and a student/ part time worker)?
Asked by Lia
August 28, 2011
Hi Lia, unfortunately you wouldn't be able to obtain car finance straight away as all of our lenders look for some form of credit history in the UK before lending any money.

My advice to you would be to get on the voters roll as soon as you have a place to live (you can do this with your local council). My next piece of advice would be to open a UK registered bank account and get a contract mobile phone. You'll need the bank account first though.

Maybe try and get a small credit card with say a £500 limit on also from your bank and make sure you always pay at least the minimum payment each month to keep your credit profile looking healthy. A monthly direct debit usually stops people forgetting to make their payments.

All of the above will help you get on the right track with your credit history in the UK. However, it may take up to 3 years before you can get car finance unfortunately. I hope i've helped you out. For people reading this that have been in the UK for over 3 years then please apply here and once approved we provide a no obligation quote and you can buy a car from any dealer in the UK. Kind Regards, Rachel
5 years
Total cost of credit £ 2000
Total repayment £ 2000
48 monthly
payments of
£ 245 98

Rates from 6.9%: the exact rate you will be offered will be based on your circumstances, subject to status.

Representative example: borrowing £6,500 over 5 years with a representative APR of 24.9%, an annual interest rate of 24.9% (Fixed) and a deposit of £0.00, the amount payable would be £181.16 per month, with a total cost of credit of £4,369.52 and a total amount payable of £10,862.52.

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 don’t charge a fee for our service, but we do earn a commission. This does not influence the interest rate you’re offered in any way.

Documentation related questions

Can't find the right answer?

Our Manchester based team are ready to help you.

* 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, a credit broker and insurance intermediary, and 247 Money Group Limited (247 Money), a lender. Both companies are part of the 247 group of companies.

CarFinance 247 is authorised and regulated by the Financial Conduct Authority under reference number: 653019. Registered office: Universal Square, Devonshire Street North, Manchester, M12 6JH. Registered in England. Company registration no. 06035525. Data Protection Registration Number Z1897658.

247 Money is authorised and regulated by the Financial Conduct Authority. Registered office: Universal Square, Devonshire Street North, Manchester, M12 6JH. Registered in England. Company registration no. 10989530. Data Protection Registration Number ZA456831.

All finance is subject to status and income. Written quotations on request. CarFinance 247 can introduce you to a limited number of finance providers, including 247Money, based upon your credit rating and will receive commission for such introductions.

† We do not charge a fee for arranging the finance, however some of our lenders may charge a fee. Your account manager can provide more information on this

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.