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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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Do you have a question about Carfinance247 or its services? If so, please complete the form below for a response within 1 working hours. I have over 7 years experience working for Carfinance247 and have the responsibility to answer all questions asked.

What's the best rate offered by car finance companies?

Hi, We are planning to buy a car in the range of £8000-£10000. We can make a down payment of £4000. I would like to know what's the best rate offered by CarFinance247 if I would like to borrow £6000 and repay it over 24 months? Also what are the repayment options available to me?

Posted by Divya on

Answer.

Hi Divya, thank you for your question. As long as you have a good credit history we can get you approved for a rate of 8% - 9%. You have a large deposit which is great news and this is attractive to lenders as their risk is reduced. Getting finance over 24 months isn't an issue as long as you can afford the repayments. Are you employed? KR, Edwin

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