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 car finance with a logbook loan on my part exchange?

I have a log book loan on my car currently still owing £900. Can I still use my car as part exchange for deposit? Vauxhall Astra sport 2004

Posted by Kim merrick on


Hi Kim, thank you for your question.

You can use your current car as a part exchange. However, the logbook loan would need to be settled by you first or the dealer who you're buying the new car from.

What is the car worth (trade)? If it's worth £1100 for example you'd have £200 equity to place down as a deposit.

Please make an application when you're ready. 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

Rate Edwin’s advice.

image description


This comment is awaiting moderation.

Posted by Helena Morgan 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