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I need £2000 for a Car Loan. Can I Apply with CarFinance 247?

I have found a used car valued £2000 at a car dealership. Can I apply for finance through Carfinance24/7?

Asked by Hayley Gilman

Hi Hayley, yes the £2000 wouldn't be a problem as long as the dealer is reputable and has a consumer credit licence (the finance company will need to see a copy of this - but don't worry about that for now). How many cars does the dealer have? Would you have a deposit and how is your credit rating? I look forward to hearing from you. Rachel

Tim Carpenter
Answered by Tim Carpenter Car Finance Expert Edited on

Liked by 38 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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