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Car Finance Loan FAQs

Browse the list of car finance loan frequently asked questions below, or if you can't find your answer below you can always put your question to the experts.


Frequently Asked Questions


Q.

What type of car finance options are available?

A.

Buying a new vehicle can be very exciting but can also be expensive, and for most people getting a new or newer vehicle involves having to sort out suitable finance.

There are a number of finance options available if you are looking to purchase a vehicle, and the type that is best suited to you will depend on your needs, preferences, and of course your financial status. ... read more

Q.

Can I buy any car I want?

A.

Depending upon the car finance option you choose and the loan amount you can borrow, you’ll either be able to select any car from a certain dealership, or you’ll be able to buy any car from any dealership – though some lenders may have certain requirements on the mileage, age and condition of the car.... read more

Q.

How much can I borrow?

A.

If you are thinking of buying a new or used car you may be looking for a car loan. Before you look for your car it is a good idea to determine how much you will be able to borrow, so that you know your budget. This will be determined by a number of factors including your financial status, your income, your age and your credit history.... read more

Q.

I’ve got a bad credit history – can I still get a car loan?

A.

There are options available to people with a poor credit history, when it comes to car finance and loans. They include: getting finance directly from a dealership that specialises in vehicles for those with bad credit, or opting for a secured loan if you are a homeowner.... read more