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  • Unit 1A Crystal Trading Estate, Old Racecourse Road, Liverpool, L318AW
  • 01513639595

Taxi car finance

Finance a taxi with Socialmotors


Taxi car finance with Socialmotors

Obtaining car finance on a vehicle you are going to use for work purposes, a taxi or minibus for example – can be a little different than your usual private use finance agreement. Not to worry though, at Socialmotors we have lenders who consider everybody’s circumstances and may still be able to help.

All credit circumstances are considered, If you have excellent credit, good, average, poor, bad or even no credit history at all. CCJs, IVA’s or even discharged bankrupt.

Having an above average credit score is always recommended when applying for finance on a taxi, and most times would not be very difficult to obtain a finance approval.

For those with a poor or bad credit record, Socialmotors have relationships with many lender who specialise in providing bad credit car finance solutions to people with adverse credit and may still be able to help.

As with all finance agreements on vehicles, you are required to provide evidence of your identity in the form of your driving licence or passport. You are also required to submit your monthly income and proof of it in the form of payslips or bank statements.

We can also offer people looking to become taxi drivers a finance solution in the form of a guarantor loan, for this you will need a friend or family member with a good credit history – More information on guarantor car finance loans.

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.