What Documents are Needed for Car Finance?

Tim Carpenter
Written by Tim Carpenter

Whether you live in England, Wales, Scotland or Northern Ireland, the documents you need to show us when making an application for car finance are broadly the same. Some applications, though, might require additional documents, depending on your circumstances.

In general, a lender will need to see proof of licence, proof of income and proof of address.

Proof of income is usually in the form of payslips or bank statements and proof of address tends to be from a utility bill although other documentation is accepted. Upon approval, a lender will identify which of these it is that they in particular need the customer to provide.

This basic documentation will be needed regardless of whether your credit is excellent or poor. We do, in fact, work with a number of lenders that can help those with bad credit, including those that have been refused elsewhere.

The precise documentation you may be asked to provide of course, may vary from one finance provider to another and there may be additional documentation that you need to provide on top of the basic stated above. This will be communicated with you upon approval.

For example, if you’re self-employed, you may need to furnish the accounts of your business or the bank account through which your business activity is transacted for one lender but may not need to for another.

We can help customers from throughout the UK with car finance, and we do still have finance options available for those that have less than 3 years’ address history.

We can help those that have previously had driving convictions or bans too – provided that you aren’t currently banned from driving and subject to additional checks.

Of course, no car finance provider can guarantee the offer of a car loan, but we do our best to consider all financial circumstances (e.g. employed, self-employed, in receipt of benefits etc.)

Remember, it’s not just car finance that we can offer – we can offer finance on vans, motorbikes, motorhomes and taxis too!

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No impact on your credit score
Rates from 6.9% APR. Representative APR 24.9%

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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.

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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

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