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Car Finance Expert Q&A

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Edwin Miles. Underwriting Manager

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Change car finance from my current car to a new car

Is it possiable to transfer my car loan to another newer car as mine is no longer mechanically sound anf it will cost more to repaire then the car is worth?

Posted by darren dommett on

Answer.

Hi Darren, what is your current car roughly worth and how much outstanding finance do you have? We can definitely help you out on this one as we have a few lenders who offer products such as booster loans which act as a separate agreement to cover any outstanding finance or negative equity you may have with your current vehicle. Just so you're aware we can also take your car off you in part exchange and get you into a new car with a fresh agreement as long as we can get you approved. Hope this helps. Kind Regards, Edwin

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