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Car Finance Expert Q&A

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Edwin Miles. Underwriting Manager

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Can i get car finance on a second car?

I have finance on my current car but am looking into getting a second car. Would getting finance for the second car just be the same process or is there anything to say you can only have finance on one car?

Posted by Ross England on


Hi Ross, if you have a good credit history then there's nothing stopping you applying for a second car loan. I don't think your current finance company would give you another agreement though. Have you asked them? Have you applied for a car loan elsewhere and if so, what has the lender/bank said? Kind Regards, Edwin

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Hi, i already have a car on finance through moneyway and was wondering if it would be possible to get a second car on finance?

Posted by Alan on


Hi Alan, Absolutely! Your chances of an approval will increase if you are keeping up to date on payments on your current vehicle. please put an application through so we can look to get you into another car! Edwin

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Posted by Karina Ostrowska on

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