Are you a student eyeing the freedom of four wheels? We understand that securing car finance can seem like a daunting task. As experienced car brokers, we’re here to provide clarity and guide you through the process of obtaining student car finance. Read on to find answers to common questions and valuable insights.
Absolutely! Many students can secure car finance if they are also employed. Lenders understand the unique circumstances of students and offer tailored options to suit your needs.
While specific requirements vary, most lenders look for proof of income, which can include a part-time job or financial support from parents. Additionally, having a good credit history or a guarantor can enhance your chances.
There are three common options:
Some lenders offer exclusive deals for students, including lower interest rates or flexible repayment terms. It’s worth researching and comparing offers to find the best fit for your circumstances.
Securing car finance as a student is indeed possible with the right knowledge and preparation. By understanding the eligibility criteria, types of finance available, and considering your personal circumstances, you can drive off with the car of your dreams. As experienced car brokers, we’re here to support you every step of the way. Don’t hesitate to get in touch for personalised advice tailored to your situation. Happy driving!
The above rates and monthly payments are an example only. The actual rate you will be offered by lenders could be lower or higher depending on your circumstances
Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.
*After completing the application, lenders will perform a "soft search" that will not affect your credit score. Should you get an offer of finance and wish to proceed, the lender will then perform a "hard search" of your credit file. Finance acceptance is not guaranteed, please click the following link for more information: Initial Disclosure Document
Amazing experience from start to finish, the people there don’t push you into anything. The checks are really good, they not only check out the car but who you are buying it from. Thanks to Matthew and Leon for all their support in helping me choose the right car for me.
They were extremely helpful and did everything they could to get me finance even with a bad credit rating. Couldn’t recommend these guys enough. Leon talked me through it every step of the way, the company are lucky to have you😊
Very helpful team Leon walked me through the whole process and didn’t push. He also gave brilliant advise and set up warranty package that gave me peace of mind.
I've just picked up my new car, absolutely love it, Alan was amazing I told him everything I was looking for in a car and within minutes he found my dream car, Alan kept in contact with me through the whole experience, checking I was still happy with everything, I would highly recommend Happy motors finance and have already done so with friends. THANK YOU SO MUCH! 😊
Cannot praise this company highly enough. Dealt with Alan, who pulled out all the stops and exceeded my expectations. Everything went so smoothly. Alan also made sure I was given all the details needed and communication was excellent. Keep up the good work guys.
