• Mon - Sat 9.00 - 18.00
  • Unit 1A Crystal Trading Estate, Old Racecourse Road, Liverpool, L318AW
  • 01513639595

Personal Car Loans

Personal car loans from Socialmotors

Personal car finance loans

Personal loans was once only available from a building society or a bank, in today’s world many organisations are able to arrange loans for personal use – Socialmotors is one of them.

 

Due to the large panel of lenders we have, we can arrange personal loans for customers at the most competitive rates available. Giving you the ability to buy any car you desire, without the risk of being repossessed if you do not keep up with your repayments.

 

If you have ran into financial difficulties in the past, to the point you have not paid your creditors. You have been declared bankrupt or entered into an IVA (Individual voluntary agreement) or have CCJ’s against you name. You’re more than likely going to have a poor or bad credit score, if this is the case we still have an unsecured loan option available in the form of a guarantor loan.

 

Personal car loans finance criteria

If you are looking to finance a vehicle, Socialmotors has you covered. We have hire purchase finance options available on cars, vans, motorbikes, caravans and motorhomes. Our lenders consider all applicants and base their decision on many factors such as; your income and affordability, your credit status and personal circumstances.

 

If your credit score is good and you decide to purchase a personal loan agreement, you are able to choose any vehicle you like; private or trade.

 

Other types of finance available:

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.