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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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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.

Finance Calculator Deposit amount? Cars not in stock?

Hi there, I have looked at the calculator you have on your site which gives me a figure which is of interest.

What it doesn't show is the type of finance (straight HP or balloon payment), the size of deposit required to achieve the figures and the APR. Can you provide some detailed examples please?

I believe I have a fair to good credit rating based on time lived in current address etc. Also, the type of car I am interested in does not appear in your stock. Could you advise how this would be approached? I'm after either a 911 Turbo or a Nissan GTR. Thanks, Michael.

Posted by Michael H on

Answer.

Hi Michael, apologies for the delayed response and thank you for your email.

As a business Carfinance247 can provide hire purchase agreements, PCP deals and personal loans so there are plenty of options. The calculator on our website just gives simple hire purchase quotes.

I'd imagine for a Nissan GTR or Porsche 911 you'd be looking for a PCP deal to keep the monthly repayments as low as possible. The APR you receive if approved will be solely dependent upon your credit circumstances and the amount you can borrow on your income.

Please make an application when you're ready 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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