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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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Can I have car finance to buy my dads car off him?

Hi there, my dad has a car on finance and they want the settlement fee by 7th November. But he can't afford it. He said if I pay it I can have the car. Would I be able to do this?

Posted by Roxanne on


Hi Roxanne, unfortunatly carfinance247 don't provide finance for private purchases. We only provide car finance if you were to buy a car from us. I'd try getting a personal loan from a bank (as no car finance broker will finance a car from a private individual) and if that fails i'd tell your Dad to sell the car and settle the finance himself or can he not just hand the car back to the finance company at the end of the agreement? If not, can he re-finance the amount outstanding which will enable him to keep the car? Thanks, Edwin

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