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Can I Get A Short Term Car Finance Deal With No Early Redemption Charges?

Hi, I am selling my car, but have already put a small deposit to secure the new one I am buying. I just need a loan of £3000 over a short term, with no early redemption charges or arrangement fees. Can you help?

Asked by Allan Smithson

Hi Allan, the shortest term we could lend you £3000 over is 12 months. It would also depend upon which lender we can get you approved with as to whether you'd get any early redemption charges or arrangement fees.

Some lenders have these charges and some don't. In any event the agreement can be settled early if you wish and just so you know we can help people with good, fair and poor credit scores. Please make an application and once approved we provide a no obligation quote and you can buy a car from any dealer in the UK. Kind Regards, Rachel

Tim Carpenter
Answered by Tim Carpenter Car Finance Expert Edited on

Liked by 92 People

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

Rates from 6.9%: 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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