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Car Finance Expert Q&A

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Edwin Miles. Underwriting Manager

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New Car Finance for Citroen DS3

Hi Edwin, my son recently applied for finance on a new Citroen DS3. He is 21, on the electoral register, is in full time employment and has a phone on contract and never missed a payment. He was turned down but I don't know why. He brings home about £1000 a month but has no real outgoings. Would you be able to get him around £12000 finance over 5 years for a new Citroen? Also could he pick the car from any dealer? Your help would be much appreciated, thank you. Paul.

Posted by Paul Kenyon on


Hi Paul, apologies for the delay in responding. Yes - if approved you could choose the car from a local Citroen dealer however obtaining £12000 for a 21 year old isn't that straight forward unfortunately. The big question is - does your son have any form of deposit? If so, how much as this may effect our chances of getting him approved. Kind Regards, Edwin

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