Car Finance In Salcombe

Choose from any Car Dealer


  • GMCF is a Broker and a Lender
  • Deposits from 0%
  • Employed, Self Employed or on Benefits
  • UK Car Finance Provider
  • REPRESENTATIVE APR 27.4%

Finding the Best Car Finance Deals in Salcombe

Are you looking for car finance in Salcombe? With so many options available, it can be difficult to know which one is right for you. Here are some tips to help you find the best car finance deals in Salcombe.

1. Shop Around

The first step in finding the best car finance deals in Salcombe is to shop around. Compare different lenders and their rates to find the best deal for your financial situation. Don't be afraid to ask questions and negotiate terms. It's important to get the best deal possible.

2. Consider Your Credit Score

Your credit score is an important factor in determining the best car finance deal for you. Make sure you know your credit score before you start shopping for car finance. If your score is low, you may need to look for lenders who specialize in bad credit car finance.

3. Look for Special Offers

Many lenders in Salcombe offer special offers on car finance. Keep an eye out for these as they can help you save money. It's also worth checking out online lenders as they may offer more competitive rates than traditional lenders.

4. Read the Small Print

Make sure you read the small print before signing any car finance agreement. Check the interest rate, repayment terms, and any additional fees or charges. This will help you avoid any nasty surprises down the line.

5. Get Professional Advice

If you're unsure about any aspect of car finance, it's a good idea to get professional advice. Speak to an independent financial advisor or accountant who can help you find the best car finance deal for your circumstances.

Finding the best car finance deals in Salcombe doesn't have to be difficult. Follow these tips and you'll have no trouble finding the right deal for you.



Reasons Why Your Car Finance May Have Been Refused in Salcombe

If you have recently been refused car finance in Salcombe, you may be feeling frustrated and confused about why you have been turned down. It can be difficult to understand why your application has been refused, but there are a few common reasons why this may have happened.

Poor Credit History

One of the most common reasons for being refused car finance is having a poor credit history. Lenders will look at your credit report to assess your ability to make repayments on time. If you have a history of late payments or defaults, this may be a red flag to lenders and they may decide to refuse your application.

Income Level

Another factor that lenders will consider is your income level. They will want to be sure that you can afford to make the repayments on the loan, so if your income is insufficient they may decide to refuse your application.

Employment Status

Your employment status may also be a factor in whether or not you are accepted for car finance. Lenders will want to be sure that you have a steady income, so if you are self-employed or have an unstable income, this could be a reason for refusal.

Deposit Amount

Finally, the amount of deposit you are able to provide may be a factor in whether or not you are accepted for car finance. Lenders will want to see that you are able to cover some of the cost of the loan, so if you are unable to provide a large enough deposit, this could be a reason for refusal.

If you have been refused car finance in Salcombe, it is important to understand why this has happened. By considering the reasons listed above, you can work to address any issues and improve your chances of being accepted for finance in the future.

CHOOSE YOUR CAR FIRST

Choose one of our cars designed for poor credit customers below and then you will be asked to apply online

CHOOSE YOUR CAR

Choose a car designed for poor credit customers from our stock below.

APPLY FOR FINANCE

Apply with us for finance on this car and get approved

SIGN THE DOCUMENTS

 After approval sign the documents from the lender and you are done.

PICKUP OR DELIVERED

There’s no need to leave home to get your car. Just choose a convenient delivery slot, and it can be delivered to your door.

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Representative Example


Cash Price

£7500.00
Deposit

£0.00
Representative
APR

27.4%
Loan Term

48 Months
Total Charge For Credit

£4923.36
Total Amount Repayable

£12,423.26
48 Monthly Repayments

£258.82
  Arrangement Fee

£0

LOOKING OUT FOR YOU


"Responsible Lending" Pros and Cons of Borrowing Money


Financing a car is a big responsibility. In order for us to help you, you have to help yourself. We ask you to please look into the costs, financial terms, and options you have before making the decision to finance. Ask yourself if you know the following:

  • What will I be paying back? Remember to include interest and fees.
  • What is the Finance APR? The higher this is, the more you'll pay.
  • How long will I be repaying for? The longer the loan, the more you'll pay.
  • What is my credit rating? The higher it is, the lower the interest rate.
Ask yourself, given all of the above, can you afford the car you are looking at. If so, great! Apply for your finance now. If not, perhaps it time to reevaluate the car you are looking at.  We also have a whole heap of car finance related articles you can look through which can help you out if you have any questions.