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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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Refinancing my car loan

Hi, I currently have my car finace with Mercedes. Next year I have the option of a baloon payment or hand the car back. I would prefer to keep the car as it has been faultless. I have spoken to mercedes and have a settlement figure of £8894.44 on my 2005 Mercedes 220CDI Sport Edition Estate with 110,000 miles. Would you be able to provide a loan over 3 years on this? Regards, Mark

Posted by Mark Tucknott on


Hi Mark, unfortunately we only provide car finance to individuals on cars that we supply. You may be best getting a loan from your bank if i'm honest as i don't know any car finance lender or broker who'd look at this. Have you asked Mercedes finance to see whether they would consider financing the baloon payment? Kind Regards, Edwin

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