Finance for older cars

[Grantlfc81 88]

Evening gents - getting asked if I do finance on cars that are older than what our current supplier is willing to lend on.

for example I have a a3 black edition 2009 with 120k miles on it at £5495 - 

my current lender won’t touch it as it’s over 8 years old and over 100k Miles.

any ideas who I can get signed up with? 

[MOTORS 25]

You could give Evolution Funding a try - they have a panel of 32 lenders. I think they lend up to a vehicle age of 15 years at end of the agreement for HP. Not sure about any mileage limit.

[Grantlfc81 88]

1 minute ago, MOTORS said:

You could give Evolution Funding a try - they have a panel of 32 lenders. I think they lend up to a vehicle age of 15 years at end of the agreement for HP. Not sure about any mileage limit.

Cheers, I was going to use them but was unhelpful before I had my Fca license I guess I have no choice now

[justlooking 48]

10 hours ago, Grantlfc81 said:

Evening gents - getting asked if I do finance on cars that are older than what our current supplier is willing to lend on.

for example I have a a3 black edition 2009 with 120k miles on it at £5495 - 

my current lender won’t touch it as it’s over 8 years old and over 100k Miles.

any ideas who I can get signed up with? 

Try Will Mitchell at Meridien Finance, ‭01342 301465‬

[NOACROSS 414]

Mallard and Zebra are also worth a go. 

[c_cars 56]

Do you use First Response? Had success with them on older stuff in the past, on near prime rates too. 

[grant8064 219]

Second vote for First Response. Really good portal, decent acceptance rates and quick.

[Motorcare UK 0]

We use Close and our account manager called in a few weeks ago to let us know that they will now fund cars up to 15 years old.

[Nick M.K. 574]

21 hours ago, Motorcare UK said:

We use Close and our account manager called in a few weeks ago to let us know that they will now fund cars up to 15 years old.

+1. 

And this is 15 years at the start of the agreement!