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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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Car finance for cheap automatic car

Hi, I'm looking for a good new, but cheap automatic car, and hope you can help. I would be using this car for business purposes, ie diving tuition. Is it possible to get finance through you for this? Your help is much needed. Many thanks, Andrew Smith

Posted by Andrew smith on

Answer.

Hi Andrew, yes we should be able to help as long as your credit history allows us to get you approved with one of our lenders. How is your credit history? It would also help if you had a deposit - would this be possible? Lastly, as you're self employed could you prove your income with bank statements and are you on the electoral roll. If we can get you passed for finance though we'll be able to get you into a cheap new shape automatic car. Do you have anything in particular in mind? Have a good weekend. Edwin

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Question.

Thanks for reply. I've a poor credit history ( fair ) (( have a car through you already via money way )) Yes I have bank statements . Could possibly do about £200 for a deposit . And am on electoral roll at same address for 9+ years. Possibly looking for a Citroen DS3 (would love a Nissan juke but prob cost way to much).

Posted by Andrew Smith on

Answer.

Hi Andrew, ok - if we've had you approved before with Moneyway i'm confident we could do something for you this time. What is your car currently worth (trade value) and how much is outstanding to Moneyway? Edwin

Posted by on

Question.

Hi, Our current car is our family car ( Vauxhall Zafira ) and not wanting to trade this it's in my wife's name. What we need is an auto car ( seen you've got a Citroen c3 for about £20ish a week ) on a new agreement that can be used for driving. Lesson. Thanks again Mr smith

Posted by Andrew Smith on

Answer.

Ok Andrew - that's fine. Please apply when you get 5 minutes and we'll hopefully have you approved by tomorrow AM :-)

Posted by on

Question.

We desperately need to purchase an automatic car due to arthritis.... We owe more on the car than it is worth..... Help xxx

Posted by Tracey on

Answer.

Hi Tracey, how much do you owe and how much is your car worth? We'd love to be able to help get you into an automatic car but it depends upon how much negative equity you're in. Kind Regards, Edwin

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