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

close

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.

£6500 to buy a ford focus on finance

I've seen a focus for £6500 but still owe £2300 on my vectra with 18 months to go. My credit is not good - would you be able to finance this?

Posted by Dean Loughlin on

Answer.

Hi Dean, for us to be able to determine whether we can get you approved, which is the first step, we'd need you to make an application so that we can view your credit profile. Once accepted we'd be able to get you into a Focus no problem and take the Vauxhall Vectra off you in part exchange. What is the part ex worth roughly? There is a chance you'll be in negative equity. Do you have any form of cash deposit? Lastly we specialise in helping people with bad credit so hopefully we'll be able to do something for you but as you can imagine everyone's circumstances are different. Kind Regards, Edwin

Posted by on
5/5

Rate Edwin’s advice.

image description

Question.

Hi, I have an old default due to redundancy over 3 years ago. I am now a financial services contractor earning £820 a week. Could you offer me finance of around £6500 and what kind of APR would I expect?Thanks

Posted by Rick on

Answer.

Hi Rick, as your default was over 3 years ago and you are earning a very good wage i'm ultra confident that we can get you approved for £6500. Please apply when you can on our site. Regards, Edwin

Posted by on

Question.

Before I apply. Do you have any idea what kind of APR I might be offerred. I applied with carloan4u and the finance offered worked out at 29% APR. I'd be looking for a lot lower than this.

Posted by Rick on

Answer.

Hi Rick, i'd estimate between approx 20% to be honest. Due to the issues you've had in the past you simply won't get 8, 9 or 10% etc. Edwin

Posted by 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