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.

Am i likely to get car finance?

Hi, I'm 19 years old and in full time employment. My job pays £17,500 before tax Per year, I am on the electoral roll at my current address and I have not opened any contracts or subscriptions of any real value (£10 combined a month). I am looking for credit for a car worth £16,000 and can pay a deposit of £2000. Do I have a chance of getting any credit? Thanks!

Posted by Sam on


Hi Sam, i hope you're well. I'm confident we could help get you approved as you have a good income, are on the electoral roll and have a big deposit. However, due to your age it's unlikely we'd be able to secure you £14,000. We'd be able to get you £8k - £10k maximum. Once you prove you can pay this loan back over 12 months or so we could then potentially be able to secure you more. I hope that helps and that you understand the lenders predicament. Kind Regards, Edwin

Posted by on

Rate Edwin’s advice.

image description


This comment is awaiting moderation.

Posted by Sam 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