Documents needed for car finance

car finance documents required for Socialmotors

What documents do i need for car finance?

The documents you need to provide to enter into a car finance agreement are generally the same, no matter where you live in the UK.

Although you may need to submit some additional documentation, depending on your personal circumstances

 

The main documentation you need to submit for car finance is;

  • Proof of your Identity – Your driving licence or passport
  • Proof of your income – Your payslips or your bank statements
  • Proof of your address – Generally a utility bill dated within the last 90 days, although other documents with your address on may be accepted.


Apart from the main documents required, some finance providers ask for different forms of documentation. As different people have different circumstances.

Once approved, the finance company will let you know what documents they require from you.  

 

For example: being self-employed, you may need to show the finance company your business bank account. But then others will only request your bank statements.


We cannot guarantee you will be offered a car loan, nor can any other car finance lender.

What we do guarantee though, is that we will explore every option available for your current circumstances. Whether you are a self employed business owner, sub-contracting, and even in receipt of 100% benefits.

Application process

Make an application online

Apply now or call us, one of our experienced advisors will take some basic details for our lenders to review. If approved you will be offered a credit limit for your new car.

Choose your car

Once you have your credit limit, one of our advisors will assist you in choosing your new car from our showroom – we have over 1000 vehicles available in group stock, at this stage you will be able to discuss your needs and establish the car you want.

Documents and Delivery

We will now prepare your new car for delivery and get it to you usually within 48 hours, giving you a free 12 month comprehensive warranty & 12 months MOT. Once your car arrives, if your happy you sign your finance documents.

Application Criteria

Do you meet the hire purchase car finance application criteria?

To be eligable for car finance all you need is to…

  • Be aged 18 or over
  • Hold a full UK/EU driving licence
  • Be UK resident for 3 years
  • Have a Full time, part time job, be self-employed
  • Not bankrupt

Please note: if your income is 100% benefits you must be in receipt of a high rate benefit like DLA or PIP to apply for bad credit car finance.

What our customers think…

Scott Royle
Scott Royle
20:54 22 Feb 19
Really happy with my car and great service car delivered by a really nice bloke and everything felt very personal
Gayle Eaton
Gayle Eaton
12:33 01 Aug 17
Very good service very happy
kim summers
kim summers
13:30 13 Jun 19
Received my new car yesterday..... delivered all the way to Hull..... the gentleman who delivered it was very polite.....A big shout to David for all the hard work and patience finding me a nice car...... I am absolutely thrilled with it........ I would thoroughly recommend this company to anyone, David was very friendly and was helpful through the whole process from beginning to end and would hesitate to recommend this company to my family and friends, thank you 😊
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