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Car Finance Expert Q&A

Hi, I'm Edwin and I'm here to help you!
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Edwin Miles. Underwriting Manager

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Declined by BMW for a car loan. Can you help?

I have been refused finance credit through bmw. Can i go and find another finance company who will accept me? Do BMW accept outside car loan companies? I have put a small deposit down for the car while i work out what i can do. Thanks.

Posted by Heather on

Answer.

Hi Heather, i hope you're well. Thank you for your question. We can certainly try and help get you approved for the BMW that you want. How much would you need and what is your total deposit? Have you checked your credit score/status recently to see what could be causing the issue? If we can get you approved BMW will accept funds from an outside finance company so don't worry about that. Are you on the electoral roll and can you prove your income? If so, please apply when you get 5 minutes. Regards, Edwin

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