Help & Advice

Creation Car Finance

Hello, I currently still have 3 more monthly payments to make on a car loan i have with creation finance.

Would you be able to settle that and add it to a new finance agreement with you?

Scott


Answer

Hi Scott, thank you for your question.

As you only have 3 more payments to make to Creation Finance i'd imagine your car is worth more that the balance owed. Basically, you can part exchange your current car at any dealer of your choice and they will settle the finance and you can use the equity in the car as a deposit towards a newer vehicle. Let's say your car is worth £3000 and you owe Creation £750 that would mean you have a £2250 deposit towards a new car.

We can beat dealer rates so we'd love to supply your new finance agreement. Please make an application and once approved you can choose a car from any dealer and we also provide a no obligation quote. Kind Regards, Rachel

Answer correct as of September 2016

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Best available rate
Total repayment
Total cost of credit

Best available rate

Total repayment

Total cost of credit

We compare products from 18 of the UK's top lenders to get you the best deal.

Hitatchi

Representative example. Excellent Credit

Borrowing £7,500 over 48 months with a representative APR of 16.8%, an annual interest rate of 16.8% and a deposit of £0.00, the amount payable would be: £211.25 a month, with a total cost of credit of £2,640 and a total amount payable of £10,140.

CarFinance 247 is a broker and not a lender