Buying Used Cars on Finance
Finding the right second-hand car can seem like a daunting task, and you might not know where to start.
Buying from a dealer like Stoneacre will give you peace of mind that your used car will have a full history and in-depth mechanical checks before you drive it away.
Not only that, we have specialists on hand to help with used car finance.
Financing a used car means that newer models can be more affordable than you think. The amount financed can be broken down into manageable monthly payments and tailored to suit you and your budget.
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.
How Does Financing a Used Car Work?
We make finance on used cars easy with the help of our dedicated in-house team. Follow these simple steps:
1. Find the Right Car
Do some research and find the right second-hand car for you. There are 1000s of used cars to choose from here at Stoneacre. Use the filters on the left to narrow down your search.
2. Check Your Eligibility
By completing our online form, you can see if you're eligible for our second-hand car finance deals. It’s only a soft search, so regardless of the result it won’t affect your credit rating.
3. Get Pre-Approved
We will do all we can to get you pre-approved for used car finance. One of our finance team will be in touch to go through the rest of your application process.
3. Dealer Appointment
Our team will help you find the right car and will book you in at one of our dealerships to finalise your finance. You can drive away knowing you have got the best used car finance deal.
What Do I Need to Finance a Used Car?
You don’t actually need any documents to enquire about finance on a second-hand car, so a good place to start is by completing our free finance check to see if you are eligible.
Documentation is only needed once a full application is in process. You will need to be over 18 and have a valid UK driving licence. When required you can find the full list of documents here.
It is likely that you will need a deposit or if you have a car to part-exchange then the value can contribute towards the deposit of your new car. You can find out how much it is worth straight away using our free online car valuation form.
For most used cars, you'll be able to check the cost of finance for both Hire Purchase (HP) and Personal Contract Purchase (PCP) by using the free calculator found on our used car inventory. Think about the length of your agreement as well as your annual mileage if considering PCP finance.
You will now have a strong picture of how much it would cost to buy a second-hand car with finance.
Popular Used Car Finance Options
Buying second-hand cars on finance should be an easy process, and we endeavour to make it just that way with our in-house finance team. To start with, it helps if you understand the different used car finance offers available so you can choose the right one for you.
Our Second-Hand Car Finance Lenders
Stoneacre works with a variety of finance lenders to ensure you are offered the best used cars finance deals.
We can connect you with the right lender to suit you and your circumstances and are confident that we can find the right one to help you with your used car purchase.
Even if you have problems with bad credit, there will be a specialist lender who can provide finance under a range of conditions.
We have a good approval record for finance applications, despite the fact that we are unable to guarantee finance for anyone.
We make the car financing process simple and customised for you by offering various finance options through our selection of flexible lenders.
How to Choose the Right Second-hand Car on Finance
With so many used cars to choose from you might not know where to start. We want to make buying a used car on finance as simple as possible, but also help find the right model for you.
As such, our used car search facility allows you to choose from several different filters, such as price, fuel type, transmission, age of the vehicle and how many miles it's done and more.
From there, you can see all the used cars Stoneacre has to offer which are relevant to your search, and you can then set about choosing the right one for you and start to think about car finance for second-hand cars.
Don’t forget if you are looking to part-exchange your existing car then the value can contribute towards a deposit of your new car. Find out how much it is worth by using our online valuation calculator.
What to ask when buying a used car on finance
If you apply for car finance for used cars through Stoneacre you know you are buying from a reputable dealer. However, it might be a good idea to clarify a few things about your used car finance agreement to ensure that you are fully aware of your commitment.
