Car Finance In South Molton

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 South Molton

If you're looking for car finance in South Molton, you'll find a range of options available. From car dealerships to online lenders, there are plenty of ways to get the money you need to buy your new car.

Car Dealerships

Car dealerships are a great place to start when looking for car finance in South Molton. Many dealerships offer in-house financing, meaning you can get a loan directly from the dealership. This is often a great option for those who don't have the best credit score or who don't have a lot of savings. Dealerships can also help you find the best car for your budget and can often offer competitive rates on car loans.

Banks and Credit Unions

Banks and credit unions are another great option for car finance in South Molton. Many banks and credit unions offer car loans with competitive interest rates and flexible repayment terms. It's important to shop around and compare rates between different lenders to make sure you're getting the best deal possible.

Online Lenders

Online lenders are another great option for car finance in South Molton. Many online lenders offer competitive rates and flexible repayment terms, making them an attractive option for those who don't have the best credit score or who don't have a lot of savings. It's important to compare rates between different lenders to make sure you're getting the best deal possible.

Conclusion

No matter what your financial situation is, there are plenty of options for car finance in South Molton. From car dealerships to online lenders, there are plenty of ways to get the money you need to buy your new car. It's important to shop around and compare rates between different lenders to make sure you're getting the best deal possible.



What to Do When Your Car Finance is Refused in South Molton

Getting refused car finance in South Molton can be a huge disappointment. But don't worry, there are a few things you can do to get back on track and find a car loan that works for you.

Understand Why You Were Refused

The first step is to understand why your loan application was refused. Generally, this happens when lenders think the risk of you not being able to pay back the loan is too high. This could be due to your credit score, your income, or other factors.

Improve Your Credit Score

If your credit score is the reason you were refused, there are a few things you can do to improve it. Start by ensuring you're on the electoral roll, as this shows lenders you're a reliable borrower. You should also make sure you're up-to-date with your bills and payments, and don't take out any more credit than you need.

Find a Different Lender

If you've been refused car finance in South Molton, it's worth shopping around for a different lender. Different lenders have different criteria, so you might find one that's more willing to approve your loan. You can also try applying with a guarantor, who will act as a back-up if you can't make your payments.

Consider Other Options

If you're still struggling to get approved for a car loan, you could consider other options. Leasing a car or taking out a personal loan are two alternatives that might be more suitable for your circumstances.

Getting refused car finance in South Molton can be a setback, but it's not the end of the road. With a bit of effort, you should be able to find a loan that works for you.

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.