Provide your details, we will compare and find the best car finance deal for you.
This type of check will not impact your credit score as we conduct soft search.
You’ll see your likelihood of being approved for car finance prior to full search.
We know our customers lead busy lives, which means they need a service that gets straight to the point. Our car finance eligibility checker is easy to use and guides you through the process step-by-step.
First of all, we’ll need to know how much you want to borrow. It’s absolutely fine if you’re not sure of the exact amount at this stage, as that can be finalised later on. But providing a rough estimate will allow us to tell if you can secure a car finance deal. You will have the opportunity to borrow anywhere between £4,000 and £40,000, but the more accurate you can be, the easier it is for us to match you against the right lenders.
|Total charge of credit||£0|
|Total amount payable||£0|
Rates from 9.9%: the exact rate you will be offered will be based on your circumstances, subject to status. Representative example: borrowing £10,000 over 60 months, £1,000 deposit, on HP, and a representative APR of 19.9%, the amount payable would be £229.95 per month, with a total cost of credit of £3,796.82 and a total amount payable of £13,796.82.
We look to find the best product from our panel of lenders and will offer you the best deal that you’re eligible for. We earn a commission for providing our services, but this does not influence the interest rate you’re offered.
We know that some people want to ensure they are eligible for car finance before making a full application, which is why we created our easy-to-use eligibility checker. Our panel of lenders have a fantastic range of deals and repayment plans available to you, no matter what type of finance you’re looking for:
There are two different types of credit history checks: a hard credit search and a soft search credit check, and you might want to know which one will be conducted before you apply for car finance. If a lender conducts a hard search check of your credit history, it will be reflected on your credit report, no matter if you receive the finance or not.
There is no need for you to be worried as lenders are unable to see whether you’ve applied for any type of finance before. This makes car finance without a credit check way easier and less stressful than a hard credit search.
At Carplus, we conduct a ‘soft credit search’, also known as a ‘quotation search’, which takes place before passing your application on to any lender for formal approval. This initial search establishes key information such as your monthly income, outgoing expenditure, employment circumstances and any current credit commitments. We do this to significantly reduce the risk of your application being rejected by a lender, which could adversely affect your credit rating.
The Financial Conduct Authority (FCA) requires that, should you wish to continue following this soft credit check, a formal credit check be performed by lenders to evaluate the likelihood of you repaying your loan on time. A credit check reveals your history of loan repayments and lines of credit to prospective lenders, and they use it to decide whether to accept your application for a loan.
It should come as no surprise that your employment status and monthly income are two of the most significant factors when considering your eligibility for car finance.
We help those who are:
We have a range of loans to meet almost any financial situation, and while we cannot guarantee the success of any application, we can promise you the best chances of receiving car finance.
There are several reasons why our customers prefer using our eligibility checker to find out if they can get a car loan. Besides being very easy to use, the checker has the following benefits:
While we cannot guarantee you will be eligible for car finance, we do all we can to ensure you have the best possible chance. Our loans range from £2,000 to £50,000, and our repayment time ranges from 18 to 60 months. Our panel of lenders consider the following criteria when making their offers:
Carplus provides car finance deals to people of all age groups and employment backgrounds. From students and part-time workers to full-time professionals and retirees, our panel of lenders has something to suit you. Our experts will answer all of your questions and provide you with the necessary information regarding car finance.
If the information you’re entering is correct, the eligibility checker will quickly decide whether you can receive car finance. However, the results may change once our lenders begin to review your application in more detail.
As soon as you’ve provided all the information required, select “Get car finance quote”. It’ll take us less than two minutes to determine if you’re eligible for finance. Once you get the results, we recommend reaching out to our experts to confirm your eligibility.
First of all, you’ll need to enter the amount of money you want to borrow. Then choose the time period that you’ll require to repay the car loan. Lastly, we would need you to let us know how good or bad your credit history is: excellent, good, average, or bad.
A soft search is a term used to describe an applicant’s credit history, which is not checked by a third party. This type of search is usually done by the lender themselves. It can be done through a soft search, a hard search, or a full credit check.
An applicant with a soft search will be given the opportunity to prove their worth and show that they are worthy of getting approved for the loan.
The lender will see on your soft search if you have any negative credit history that you need to fix, such as late payments or defaulted loans.
If you’re eligible for a car loan, you can tell us what you want or we can offer you some cars that are within your budget. We'll ask about monthly payment, preferred contract length, type of finance and deposit when you enter your criteria. Then, based on your criteria and personal APR, the website will list financing options from top car manufacturers.