Why use car finance?
Finance can make budgeting easier by spreading the cost over an agreed term. Depending on the agreement, you may have fixed monthly payments and a clearer idea of your motoring budget.
Finance options
Used Car Finance in Fareham
Peel Common Showroom can help customers explore finance options on selected used cars, subject to status, affordability and lender approval.
A clear way to spread the cost
Car finance can help spread the cost of a used vehicle into monthly payments. It may help you choose a car that suits your budget without paying the full price upfront.
We keep the process straightforward and explain the next steps in plain English. Finance is subject to status and approval, so no application can be guaranteed.
Finance subject to status, affordability and lender approval. We are a credit broker, not a lender.
How it works
Applying for Used Car Finance
- Choose a vehicle
Browse our current stock and choose a used car that suits your needs and budget.
- Submit a finance enquiry
Complete the finance enquiry with accurate personal and affordability details.
- Receive a decision
The lender reviews your application and may request further information.
- Complete the paperwork
Read the agreement carefully and only proceed if you are happy with the terms.
- Collect your car
Once everything is approved and completed, we arrange collection or handover.
Different circumstances
Every application is considered individually and finance is subject to status, affordability and lender approval. Please do not rely on approval until a lender has confirmed the decision.
Finance FAQs
Common Finance Questions
Are car finance options available?
Finance options may be available on selected used cars, subject to status, affordability and lender approval.
Can I make an enquiry before choosing a car?
You can make an enquiry before choosing a specific car, but any finance agreement will need to be linked to a suitable vehicle and approved by the lender.
Will finance be guaranteed?
No. Finance is not guaranteed. Every application is considered individually and is subject to status, affordability checks and lender approval.
What details do I need to apply?
Lenders may ask for personal details, address history, employment details, income and expenditure information, driving licence details and bank information.
Can I use my current car as a deposit?
In many cases, a part exchange value can be used towards your next car, subject to valuation and any finance settlement on your current vehicle.
Can I settle finance early?
Early settlement may be possible through your finance provider. You should contact the lender for exact terms, fees and settlement figures.