Finance FAQ

My credit rating is not cery good, can I apply for finance?
– We work with a wide range of lenders, having problems with your credit rating does not necessarily means you cannot get finance, we will do our best to find the right lender for you.

I would like to apply for finance to buy my ne vw t5, what document do I need to produce?
– Your driving licence;
– Credit card to pay your depo sit.

What does apr means?
– Apr stands for annual percentage rate. when borrowing money on a agreement regulated by the consumer act, the lender is required by law to quote this rate, explain the total amount of interest that will be paid over the whole term of the agreement, explain any additional charges that the borrower has to pay. Apr allows you to compare the cost of finance from different lenders.

Do you need to know my salary or outgoings?
– No, we need to know your date of birth, name, employment details, bank details.

How long does the finance process takes?
– In most cases a decision is given within minutes after the application has been submitted.

What happens after I sign the finance agreement?
– You will get a copy of your finance agrement;
– A welcome letter of confirmation will be posted to you with your finance agreement .

How long is the finance for?
– Typical finance terms are between 12 months and 60 months.

Is there any additional fees?
– Any possible fees will be presented to you and detailed before any agreement is signed.

How much can I borrow?
– The full amount of the vehicle, subject to status.

Do you carry a credit search?
– Yes – any lenders will carry a credit search to establish your current credit status using informations from the major uk credit reference and fraud prevention agencies.

How much deposit will I need to put down?
– Depending on you credit status, the lender will advise the amount of deposit required.

Why should I take the finance with you?
– You do not have to, we assist all our customer and help them finance their vehicle purchase. You are free to use and choose any form of finance of your choice.

Can I cancel my finance agreement?
– You have 14 days to cancel any agreement from a regulated finance provider, starting on the day you have received confirmation of the agreement execution.

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