CarFinance247 Review

Founded in 2006, CarFinance247 is one of the largest online car finance brokers in the UK. The company has over a quarter of a million unique users and it is the largest car finance broker on Trustpilot. The company was founded by Reg and Louis Rix, who had spotted a gap in the market for a car loan brokerage. They also noticed that people were having trouble getting honest advice about car finance. In their attempt to meet the demand, they started CarFinance247. This business model is based on a network of car dealers and lenders who work with CarFinance247 to get car buyers approved. They have a database of around 140,000 cars and are currently seeing about 95,000 applications on their website each month. The company claims to have a network of around 4,000 community rated car dealerships.

CarFinance247 offers finance for a wide variety of vehicles, including cars, motorbikes, vans, motorhomes and caravans. The company also offers a loan broking service to help customers find the best car loan for them. They offer finance across a wide range of consumer credit ratings. They are also able to offer car loans to customers with bad credit.

CarFinance247 also offers a car finance calculator which shows the impact of your credit rating. This is a good way to see if you qualify for finance and what your repayments will be. They also provide a fully compliant complaints procedure.

One of the largest mistakes car finance companies make is offering a car loan that is not appropriate for their customer. This can mean a loan that is unaffordable and a car that isn't the best for them. The best way to solve this problem is to find a lender that will do the right thing for you. The car finance market is a highly competitive one and the best way to make sure that you get the best deal is to shop around and see what lenders are offering.

It is also worth noting that car finance does not have to be complicated. The best companies will be able to tell you exactly what you can get, and they will be willing to talk you through your options. They will be more than happy to tell you which is the most worthwhile car finance option for you. This is because they want to ensure that they provide you with the best service possible.

The most important thing to remember about car finance is that it is not a secret. Most companies will be happy to provide you with the most effective solution, so long as you are honest with them about your situation. Car finance should be a simple and straight forward process. This is especially true if you are purchasing your first car, so be sure to take advantage of all the benefits that are out there. Car finance is an exciting and fun way to purchase a new car, so make sure that you make the right choice.