Car Finance In Southampton

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  • 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 Southampton

Are you looking for car finance in Southampton? There are a number of options available to you, from traditional lenders to online lenders. It is important to understand the different types of car finance available and to compare the rates and terms offered by different lenders. Here are some tips to help you find the best car finance for your needs.

Shop Around

The first step in finding car finance in Southampton is to shop around. Compare rates and terms from different lenders to find the best deal. It is also important to read the fine print of any agreement you enter into to ensure you understand all the terms and conditions. Be sure to ask questions and get clarity on any part of the agreement that you don't understand.

Check Your Credit Score

Before you apply for car finance, it is important to check your credit score. Your credit score will determine the interest rate you are offered and the amount of money you can borrow. If your credit score is low, you may need to look for lenders that specialize in bad credit car finance.

Research Different Lenders

When looking for car finance in Southampton, it is important to research different lenders. There are a number of different lenders offering car finance, so it is important to compare their rates and terms. Look for lenders that offer competitive rates and flexible repayment terms. Also, look for lenders that offer additional benefits such as cashback or loyalty points.

Consider Online Lenders

In addition to traditional lenders, you can also consider online lenders. Online lenders typically have lower interest rates and more flexible repayment terms. They also offer fast and easy approval processes. However, it is important to do your research and make sure the lender is reputable and trustworthy.

Get Professional Advice

If you are unsure about any aspect of car finance in Southampton, it is important to get professional advice. A financial advisor can help you understand the different types of car finance available and help you find the best deal for your needs. They can also provide advice on how to improve your credit score and how to manage your finances.

Finding car finance in Southampton can be a daunting task, but with the right advice and research, you can find the best deal for your needs. Shop around, compare rates and terms, and make sure you understand the agreement before signing. With the right advice and research, you can find the best car finance for your needs.



Refused Car Finance in Southampton

Getting refused car finance can be a frustrating experience, especially in Southampton where car ownership is a necessity for many. It can be difficult to find an alternative source of finance, and some people may not even be aware of the options available. This article aims to provide an overview of the reasons why someone might get refused car finance, as well as the different options available for those looking to purchase a vehicle in Southampton.

Reasons for Refusal

There are a number of reasons why someone might get refused car finance. The most common reasons are:

  • Poor credit history
  • Insufficient income
  • Lack of a deposit or down payment
  • Unstable employment history

It is important to note that these are only some of the reasons why someone might get refused car finance. There may be other factors that could also contribute to a refusal.

Alternative Sources of Finance

If you have been refused car finance, there are still options available to you. You could consider:

  • Personal loans
  • Credit unions
  • Leasing
  • Hire purchase

These are all viable options that could help you purchase a car in Southampton. It is important to do your research and shop around for the best deal.

Conclusion

Getting refused car finance can be a frustrating experience, but it is important to remember that there are still options available. It is important to do your research and shop around for the best deal. By doing this, you can find an alternative source of finance that suits your needs and helps you purchase a car in Southampton.

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.