Skip to content

Car Finance Expert Q&A

Hi, I'm Edwin and I'm here to help you!
image description

Edwin Miles. Underwriting Manager

Car Finance Calculator

Calculate your loan immediately


How can I help you?

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.

Can i get a car loan from a local trader?

Hi, Can i apply for a loan on a car with a local trader as i have seen a beauty?

Posted by Simon Scott on


Hi Simon, in answer to your question you can indeed use our car finance service to enable you to buy a car from a local trader.

In fact, we'll even HPI check & value the car for you and do the necessary checks on the trader / dealer to make sure you;re getting a good deal.

Please make an application and once approved we provide a no obligation quote and you can buy a car from any dealer in the UK. Kind Regards, Edwin

Posted by on

Rate Edwin’s advice.

image description


I've had my car for 10 months, can i use you to trade it in and finance another car?

I know about negative equity and how it gets added on so I've taken into account the amount I wish to borrow with that in mind.

Posted by Stephen M on


Hi Stephen, thank you for your question.

You would need to request a settlement figure from your finance provider, and could then part-exchange your current car to cover some or all of this cost. If you trade the car in at a dealership where you wish to buy your new car, the dealer could take your current car off you whilst getting you in to a new one of your choice.

My advice at this stage would be to make an application for the finance you wish to obtain on the new vehicle and we can try our best to help you. If approved, at least you could go to the dealership with the confidence of knowing you have secured the funds you need to finance the car!

Please make an application when you're ready and if approved you can choose a car from any reputable dealer and we also provide a no obligation quote. Kind Regards, Edwin

Posted by on

Do you have a question on this topic?

Ask a question or leave a comment on this topic below

Back to Car Finance Expert Q&A

Back to top