How Can We Help?

At CarFinanced we appreciate that buying a new car on finance can be a daunting process. So many different options to choose from and not really knowing which is best for you. On this page, we have included some helpful links to key information on the website. Or you may find answers to your questions in our FAQ’s.

At CarFinanced, we allow everyone to check whether they are eligible to be approved for finance within a few minutes. Share some small details with us and our lenders will use that information to carry out a soft credit search to give you an answer with the best deals right away.

If you have a poor credit history, you can still apply for car finance. The company will look at your personal circumstances such as; Your employment status, age, income, loan amount, alongside your credit history. You will then receive your exact interest rates and payments.

Yes! You can part-exchange your car as a deposit.

Annual percentage rate (APR) is the interest rate applied to your loan. Predominantly, it is the yearly cost of your borrowing. You will pay this on top of the sum that you have applied for. If you take out a long-term loan, the total amount payable will be more, as you will be paying interest for a longer amount of time.

Yes, if the provisional is less than 3 years old.

Our average transaction takes less than 24 hours to complete from beginning until the end.

Unfortunately, you are legally required to be 18 years or over in order to take out car finance.

If you choose HP, you will own the car at the end of your finance term, whereas if you opt for PCP, you can either choose to hand the car back or pay a balloon payment determined by the final purchase price of the car.

If you would like someone else to be able to drive your car, you may be able to add them as a named driver on your car insurance policy.

With your permission, we can pass your details on to insurance companies who can provide this for you.

Depending on the age of the car and the lender, between 12-72 months.

To be eligible for a quote, you need to be at least 18 years old, have a drivers license and earn at least £1000 per month.