Car Finance Brokers
With so many car finance lenders out there, it can be daunting as to which might offer the best deal when you're looking to obtain credit for a new vehicle.
This is why - much like a mortgage broker - car finance brokers are there to help among the madness to find a finance package to suit you.
How does a car finance broker work?
Car finance brokers are there to compare lenders and help you get a finance package to match your budget, preferred deposit and term as close as possible.
When you apply for finance with an individual lender, you will only benefit in seeing their specific rates, and no one else's.
This means that, to get multiple quotations on car finance in this manner, you'd have to apply several times over.
However, with a car finance broker, you only need to initially apply the single time - from there, the broker in question will be able to match you to any lenders who meet your criteria (and you theirs).
From there, you'll be able to make an easier decision in how to move forward with your full car finance application through the broker.
What about car finance broker fees?
You might be concerned that working with car finance brokers will incur fees.
However, unlike a mortgage broker, car finance brokers don't usually need to charge any fees, as they can recouped from commissions via the lender(s).
Stoneacre is a broker, not a lender
We act as a broker when you apply for car finance on our website or at one of our dealerships.
As such, we will look to pair you with one of our trusted lenders, with whom we have built very strong relationships with.
In terms of an application process, we will be there to guide you through the whole journey from start to finish - though it will be the lender who will facilitate the finance itself.
Representative Example
This represents an average of the deals that our customers receive on other vehicles
We are a credit broker and a lender. We can introduce you to a limited number of lenders and their finance products. We will provide details of products available, but no advice or recommendation will be made. You must decide whether the finance product is right for you. We do not charge you a fee for our services. Lenders will pay commission to us (either a fixed fee or a fixed percentage of the amount you borrow) for introducing you to them, this may be calculated in reference to a variable factor such as (but not limited to) the vehicle age, your credit score and the amount you are borrowing. Different lenders may pay different commissions for such introductions. Offers available to everyone over the age of 18, subject to credit approval.