buying journey. Find out how much you could borrow
and what your monthly car payment might look like.
Representative Example
Borrowing £6,999 over 5 years with a representative APR of 10.9%, an annual interest of 5.7% (fixed) with a deposit of £0.00, the amount repayable would be: first payment of £149.90, followed by 58 payments of £149.90 and a final payment of £150.90. Fees of £1 are included in the repayments shown. The total cost of credit is £1,996 and the total amount repayable is £8,995
General Terms and Conditions
Please note you will not own the vehicle outright until all payments are made. If you default on your finance payments, then the vehicle may be repossessed by the finance provider. You must be 18 years or older to apply for finance. Finance is not guaranteed, and any finance application is subject to a credit check and individual circumstances. If you require any further information, please do not hesitate to contact us.
The finance provider will have their own Terms and Conditions, please contact them directly for further information.
Step 1
ELIGIBILITY – SOFT SEARCH
Not sure if you will be accepted? Unsure what your interest rate or credit limit will be? Click below to find out, with ZERO impact on your credit scrore
Step 2
CHOOSE A CAR
Use your finance approval to choose from over 600 quality assured, used cars across The Dace Motor Group.
HOW TO USE THE CAR FINANCE CALCULATOR?
Find out your potential payments in 4 steps
1 If you already know how much you’d like to borrow, drag the slider from left to right until you hit that amount.
2 Decide how long you’d like to have to pay back the loan – this is know as the “term”.
3 Select the credit score profile that best suits you from the drop-down menu. You can choose from Excellent, Good, Fair, or Bad.
4 Change both fields until you reach an estimated payment amount that you’d feel comfortable with.
FREQUENTLY ASKED QUESTIONS
I have bad credit, Can I get car finance?
You may be able to get car finance even if you have bad credit. At Ideal car finance we work with lenders who can help people with a lower credit score. Have you been refused credit recently? Then it may be worth looking at other options.
Sub-prime finance is not guaranteed and may cost more than finance provided by a prime lender. We will try to obtain finance for you but there is no guarantee. It may be from a sub-prime lender, and if so, the cost of finance may likely be at a higher rate than prime lenders offer.
How much do I need as a deposit?
You don’t need any deposit however it can be more beneficial to you as it will lower your monthly payments but its not a requirement to have a deposit.
My Current car, can I part exchange it?
Yes your current car can be part exchanged when purchasing a new car and we accept all part exchanges.
I have a IVA/ CCJ can I get finance?
If you do have a IVA or CCJ, it may be possible to get car finance however we can’t guarantee it. To find out if you can get car finance, simply use our application which has no impact on your credit score.
Sub-prime finance is not guaranteed and may cost more than finance provided by a prime lender. We will try to obtain finance for you but there is no guarantee. It may be from a sub-prime lender, and if so, the cost of finance may likely be at a higher rate than prime lenders offer.
Car Finance how do I apply for it and how long will it take?
Applying for finance doesn’t take long using our online finance application which has no effect on your credit score and once approved which could take a few days, you can then choose the ideal car for you.