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What is the Maximum Age of a Guarantor for Car Finance?

Hello, Is it possible for a car finance company to reject a guarantor due to them being too old? Thanks

Asked by Ronnie

Hi Ronnie, thank you for your question.

All lenders have set criteria and age restrictions so to answer your question the answer is yes. The maximum age for a guarantor that we can accept is 80.

How old is the guarantor you were thinking of using? Please make an application when you're ready 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 26 People

£
5 Years
Total cost of credit £ XXX.XX
Total repayment £ XX,XX.XX
48 monthly
payments of 		£ 245 98
Get a quote No impact on your credit score

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.

Age related questions

  • Hello,

    I am in desperate need of a car as mine has given up and i have work commitments. I have a very poor credit rating of around 530 and i work full time taking home £1000 per month. I have nobody who is able to be a guarantor for me.

    Do you think i could still get finance? I ask because i really don't want to pay any fees if it's going to result in a no! I have already applied for £1500 but i would like to know my chances before going further. Many thanks

    Asked by Victoria Carr

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