Finance for new drivers

Sep 7, 2020 | News From LMC | 0 comments

If you are new on the roads and looking for car finance, here is everything you need to know and how to go about applying. 

Freedom is so close you can almost taste it and now you are looking for a car to take you on your adventures. If you are looking for finance for your car, you may be wondering where you stand as a new driver… 

The first thing to note is that you can absolutely apply for car finance as a new driver. The process is the same as if you have been driving for ten years or more, so you don’t need to worry about that part of it. 

Finance comes in many different forms, so it is worth having an idea of if you are looking for personal contract purchase, hire purchase or something different. If you are not sure about this, an expert can talk you through it and make sure you understand the merits of each of them to make an informed decision. 

When applying for car finance, there are a variety of things which are considered but the most important thing is that you will be able to keep up with the repayments should you be accepted for car finance. 

Our best advice is to have a price in mind you would like to spend each month and get in touch with a member of the team, or you can view our latest arrivals online to see which kind of car you fancy. We do have a team of finance experts who can handle the application process for you and we work with a number of lenders to find you the best deals for your circumstances and to hopefully give you some options too.

Find car finance as a new driver with the team at LMC.