Car finance from main dealers

digitalphase

Just wondering if anyone had managed to secure car finance with a main dealer, if they have a late payment marker (or any other adverse) on their file?

Or would someone like Black Horse possibly offer finance through other motor traders?

PNPSUKNET

main dealers have access to sub-prime, when you goto the garage ask them to go through sub prime lenders

digitalphase

Thanks, that's interesting Do you - or anyone else - have any ideas of figures? Just as an example.

PNPSUKNET

nope sorry but its normaly about 16%

gommsta

Hi,

Irecently bought a car from Toyota using their finance as advertised on their website. APR was 5.9%. I have had 12 late payment markers placed on my credit accounts in the last 12 months. (Basically one for every credit agreement i have! long story involving changing banks). The only thing I would say is that all of my late payments were across the same month, and this was around 6 months ago.

Finance went straight through and i was off in my new car within 7 days

Hope this is of some help.

digitalphase

gommsta wrote: »

Hi,

Irecently bought a car from Toyota using their finance as advertised on their website. APR was 5.9%. I have had 12 late payment markers placed on my credit accounts in the last 12 months. (Basically one for every credit agreement i have! long story involving changing banks). The only thing I would say is that all of my late payments were across the same month, and this was around 6 months ago.

Finance went straight through and i was off in my new car within 7 days

Hope this is of some help.

Thank you, yes, very helpful Was that on a brand new car or 2nd hand?