Finance Q&A - Personal Circumstances

Taxi driver car finance, is this something that you offer?

Do you offer car finance for taxi drivers?

Arthur Cooper

Answer from the Stoneacre finance team:

Hi Arthur,

We work with a vast number of lenders, including a selection of specialist taxi finance lenders, so dependant upon your circumstances and the vehicle that you wish to purchase we should be able to assist you.

There are of course several different types of finance packages that may be suitable, for example a secured or unsecured taxi loan and a hire purchase.

Please be aware however, that if you are going to use your car as a Taxi on standard finance terms without declaring it, the Finance Company will cancel the deal and ask for immediate payment in full, so tell us what you need and we will get the best option for you first time to avoid any potential problems in the future.

You can make an application via our website and a member of our specialist in-house team will be in touch to discuss your application, vehicle choice and intended use, which in the case appears to be as a private hire vehicle.

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Related questions

Can I get a lease plan on a taxi with bad credit?

I have bad personal credit but run my own taxi company, and I need to replace a car but we use E-Class Mercedes and can't get credit. I thought maybe a lease plan buy would be possible?

Dale Clayton

Answer from the Stoneacre finance team:

Thank you for your question, we can offer taxi finance but not on a lease option unfortunately.