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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

Car Finance Calculator

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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.

Is there a minimum spend for car finance?

Hello, your website says any car from any dealer.

I was wondering how true this statement is as i'm not looking to spend more than £4k on a vehicle yet all cars advertised on your website are at least £7k which makes me wonder if you will enforce a minimum spend on accepted clients? Kind regards

Posted by Chris Harris on


Hi Chris, apologies for the delayed response. You can buy your car from any reputable dealer but there is a minimum spend of £1000.

As you wish to spend approx £4000 you'll qualify if approved. The cars on our site have now been taken down as we no longer supply cars. Please make an application when you're ready. If approved, we'll give you a no obligation quote so you can see what we can offer. Kind Regards, Edwin

Posted by on

Rate Edwin’s advice.

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Hi, I have 5 months to go until my trust deed falls off my credit file along with my defaults which are 5 years and 6 months old. I have had a mortgage for last 7 years & never missed a payment even during my trust deed.

I've had a credit card for the last 2 years and always cleared the balance in full. I had car finance for years with different lenders & also never missed payments but, my last finance with black horse was included in my trust deed in 2009. Will this stop me obtaining future car finance?

Posted by Campbell Surgeon on


Hi Campbell, thank you for your question.

As you have a clean mortgage and other forms of good credit active on your file, I think that we should be able to get you approved for car finance.

Please make an application and if approved, you can choose a car from any reputable dealer and we also provide a no obligation quote. Kind Regards, Edwin

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