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Can I Get Car Finance For an Old Car?

Hello, I'm looking to buy a 10 Year old Porsche Boxster.

Have you any rules on age and value of choosing a second hand vehicle on finance? The vehicle i'm looking at is £7500 with with 56000 fully serviced miles for its age.

Basically can you guarantee finance on the vehicle? Trevor

Asked by Trevor P

Hi Trevor, thank you for your question.

We do indeed have 1 lender that will look at financing older vehicles with low mileage - which this Porsche Boxster you've located seems to have.

They are a bespoke / niche lender that looks at each case individually so we can't guarantee anything at this stage without an approval in place with this particular lender.

I'm quietly confident we could get you the vehicle though as long as we get you approved. 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

Tim Carpenter
Answered by Tim Carpenter Car Finance Expert Edited on

Liked by 22 People

5 Years
Total cost of credit £ XXX.XX
Total repayment £ XX,XX.XX
48 monthly
payments of
£ 245 98

Rates from 6.9% APR: the exact rate you will be offered will be based on your circumstances

Representative example: borrowing £6,500 over 5 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £188.74 per month, with a total cost of credit of £4,824.37 and a total amount payable of £11,324.37

Rates may differ as they are dependent on individual circumstances. Subject to status.

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