Car Finance In Shaftesbury

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 Car Finance in Shaftesbury

Are you looking for car finance in Shaftesbury? With so many options available it can be hard to know where to start. Here are some tips to help you find the right car finance for your needs.

Shop Around

The first thing to do when looking for car finance in Shaftesbury is to shop around. Compare different lenders and their interest rates, repayment terms, and other fees. Make sure you understand all the conditions and terms of each lender before making a decision.

Check Your Credit Score

Your credit score will play an important role in determining the type of car finance you can get in Shaftesbury. Make sure you check your credit score before you apply for any loan so you know what kind of loan you qualify for.

Consider Your Budget

When looking for car finance in Shaftesbury, it's important to consider your budget. Make sure you can afford the monthly repayments and any additional fees associated with the loan. Also, make sure you can afford any additional costs such as insurance and registration.

Read the Fine Print

Make sure you read all the fine print before signing any loan agreement. This is especially important when it comes to car finance in Shaftesbury, as there may be additional fees or charges that you weren't aware of. Make sure you understand all the terms and conditions before signing anything.

Get Advice

If you're unsure about any aspect of car finance in Shaftesbury, don't hesitate to get advice from a professional. There are many finance brokers and advisors in Shaftesbury who can help you find the right loan for your needs.

Finding car finance in Shaftesbury doesn't have to be difficult. With the right advice and information, you can find the perfect loan for your needs.



What to Do When Your Car Finance is Refused in Shaftesbury

Buying a car can be a stressful process, and it can be even more stressful when your car finance is refused. If you live in Shaftesbury and have been refused car finance, you may be wondering what to do next. Here are some tips on how to navigate the process of getting car finance in Shaftesbury.

Check Your Credit Report

The first step to take when your car finance is refused in Shaftesbury is to check your credit report. Your credit report is a record of your credit history and will show any negative marks that may have caused your finance to be refused. If there are any mistakes or errors on your credit report, you can dispute them and have them removed. This may improve your chances of being approved for car finance.

Shop Around for Lenders

Once you have checked your credit report, the next step is to shop around for lenders. Different lenders have different criteria for approving car finance, so it is important to compare different lenders to find the one that is most likely to approve your application. You can compare lenders online or visit a car dealership in Shaftesbury to find out what options are available.

Improve Your Credit Score

If your credit score is low, you may need to take steps to improve it before applying for car finance. This can include paying off any outstanding debts, making sure you are on the electoral roll, and ensuring that all of your bills are paid on time. It may take some time to improve your credit score, but it will be worth it in the long run.

Consider a Guarantor

If your credit score is still too low to get approved for car finance, you may want to consider asking a family member or friend to act as a guarantor. A guarantor is someone who agrees to take responsibility for the loan if you are unable to make the payments. This can increase your chances of being approved for car finance.

Consider Other Options

If you are still unable to get approved for car finance, you may want to consider other options. You could look into renting or leasing a car, or you could look into car finance companies that specialize in helping people with bad credit. These companies may be able to provide you with car finance, even if you have a poor credit score.

Getting your car finance refused in Shaftesbury can be a stressful experience, but it doesn't have to be. By following the tips above, you can increase your chances of being approved for car finance and get back on the road in no time.

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.