Compare Car Finance First Broker Loans UK

Car financing with Car Finance First is simple and easy.

1. To get started, use their online affordability tool or the car loan calculator for a quick quote. This will not change your credit score.
2. A soft credit check lets you look at choices without hurting your credit score.
3. Pick a specific vehicle from a local dealership. This could be a used car or a new car.
4. You will need to give the final documents, like your ID, proof of income, and registration.
5. You get the final car loan offer. This offer will tell you the fixed APR, loan terms, and monthly payments.
6. All required paperwork is taken care of through secure messaging or using your email address for support.

Funds are sent by the chosen lender to the dealership, so you can finish the purchase of a car. Car Finance First looks after your auto loan application and handles the steps for repayment, but it does not lend money straight to you.

Car Finance First works with lenders. They look at applicants from many different credit score levels.

• Soft credit checks help you find lenders that will look at fair or poor credit history.
• If you have a better credit history, you will have a higher chance to get better terms.
• The amount of money you borrow, the loan term, and the type of vehicle can all change the annual percentage rate (APR) that you get.

Car Finance First tells you about all the terms and conditions before you finish any deal. This way, you will know the total cost of borrowing. They also make sure you see how your credit report and your money situation will affect the rates you get.

Is There a Soft Credit Check?

Yes, the first step in the application is a soft credit check. This step does not affect your credit report. It is done to help match you with good car finance options from a group of trusted lenders. A hard check will only happen when you pick a specific vehicle.

Can credit unions or other lenders compete?

While Car Finance First is not a credit union, you can look at offers from their group of lenders and also check what your local credit unions or banks have. The way the broker works helps to make sure:

• You can get access to competitive rates from different lenders.
• You can compare repayment terms and borrowing limits.
• There are options for people who have limited or not-so-good credit history.
• There are no broker fees, and any commission is shared up front in the first document.

Car Finance First helps people who apply to get money for many kinds of vehicles. This gives applicants more ways to choose what their next vehicle will be. These are some vehicle types you can get:

• There are petrol cars, diesel cars, hybrid cars, and electric vehicles (EVs).
• You can pick from hatchbacks, SUVs, saloons, and estate cars.
• All cars come from good UK car dealerships that you can trust.
• Cars are from model year 2012 or newer, but this will depend on the lender.
• You can also get vans and light commercial vehicles, but only if the lender supports these.

Whether you want to get a specific vehicle or are looking at options from a local dealership, Car Finance First works with many lenders to help. They have choices to fit different needs and budgets. This makes it easy for you to find the right car at a local dealership or when you want a specific vehicle.