SEVEN COMMONLY ASKED QUESTIONS ABOUT CAR FINANCE

With so many different options available, there are lots of questions that are common when you're looking into it.

Can I get vehicle finance if I have a provisional driving licence?

As you're learning to drive, you're likely to be looking ahead at your potential car and thinking about finance. This raises the question of whether you can get it while having a provisional driving licence. Well yes, you can! There are some rules/restrictions around the finance agreement going live, but any Underwriting team will discuss these with you.

Where can I buy a car from?

There are numerous options available for purchasing not only cars but also all kinds of products and services. However, this can lead to confusion when finding out where to finance a car purchase. You can buy a vehicle from any Financial Conduct Authority (FCA) authorised dealership, as they're in line with regulations and standards for operating and practices. This is crucial, as vehicle financers can refuse to work with dealerships because of prior experiences or negative customer feedback.

Do I have to pay a deposit?

Whether you must pay a deposit is a case-by-case answer. The biggest factor for whether you may need one depends on your credit limit and the cost of the vehicle. If you ha...