Looking for car finance can be a complicated and time-consuming business. We’re here to try and make the process run as smoothly as possible. If you have a question for us feel free to get in touch and we’ll be glad to help.
We do get asked similar questions a lot so we’ve listed them (and the answers!) here for you:
You can get in touch with us via telephone, email, the website or Facebook. We like to speak with all of our customers to find out what their likes and dislikes are and what types of cars will suit their individual needs and budget.
We have finance packages available for small, medium and large cars – whatever suits your own individual needs and budget.
To keep things really simple and straightforward, we will set up a direct debit facility for you from your bank, then we’ll agree between us whether it’ll be best for you to pay weekly or monthly, and on what day.
We are a specialist car finance company. Most of our customers have had some glitches in their credit (who hasn’t these days?!) so we’re used to it and we don’t judge – so there’s no need to worry. We do have certain rules we must follow, though. We can’t say that we provide guaranteed car finance for everyone, but we don’t just rely on computerised decisions and do look at things differently than most car finance companies. We are more than happy to accommodate most circumstances.
Of course, that’s no problem. If your circumstances change during your finance agreement and you need to upsize, downsize, part-exchange or sell your car – or you just want to clear the outstanding amount off early – you will be able to take advantage of any early settlement discounts that would be applicable at that time. Just get in touch whenever you’re ready and we’ll be happy to advise you.
Definitely not. We only use traditional hire purchase agreements for all of our car finance deals, which means all of the payments and costs are available for you to read and agree to before we ask you to sign your car finance documents and complete your deal. The only payment at the end of the agreement is the £30.00 ‘Option to Purchase’ fee which is payable with your final regular payment, this covers the admin cost of transferring legal ownership of the vehicle from ourselves to you.
No, definitely not.
AFA Car Finance are authorised and regulated by the Financial Conduct Authority as a lender, it is our own money that you use to help buy your car.
We do, in addition, have relationships with other lenders whose products may on occasion be more suitable to your own particular circumstances. In the interests of providing the best possible outcome for our customers at all times, we may introduce individual customers to the most appropriate lender.
Everyone is different and has their own thoughts about how much they want to spend on a car and what they will be comfortable with as a weekly or monthly repayment, therefore we prefer to discuss your individual needs and budget with you and give you written examples before we ask you to sign any finance documents. We have, however, published a representative credit example on our website home page, to give you an idea.
Not everyone’s lives run smoothly all the time! We do expect you to stick to your agreed weekly or monthly repayment schedule and make all of your payments on time, as this will definitely help keep your credit score healthy and avoid any possible additional charges, however, if at anytime you think making a payment will be difficult please let us know as soon as you can. We can help you work through it and get back on track.
Monday – Friday: 09:00am – 17:30pm
Saturday: 10:00am – 16:00pm
Sunday: Appointment only
North East & North West of England, Scotland and Borders.
Automotive Finance Associates Limited t/a AFA Car Finance is authorised and regulated by the Financial Conduct Authority to transact Car Finance as a Lender and as a Broker to ensure the best possible outcome for all of our customers. Applicants must be over 23 yrs of age, all finance is provided subject to status and income. Terms and conditions apply, written quotations available on request.
Cash Price £4895.00 – Deposit (Cash and/or Part Exchange) £250.00 – Amount of Credit £4645.00 – Documentation Fee £495.00 – First Monthly Payment of £219.15 (£50.57 Weekly Equivalent) – Followed by 40 Monthly Payments of £219.15 – Followed by 1 payment of £249.15 which includes a £30.00 Option to Purchase Fee.
Rate of Interest is 25%pa Fixed – Total Charge For Credit £4589.30 – Total Amount Payable (including deposit and Documentation Fee) £9484.30 – REPRESENTATIVE APR 54.6%.
