Frequently Asked Questions
Do I have a selection of cars to choose from?
We have hundreds of quality used cars in group stock at our dealerships nationwide. Car finance is available for most popular makes and models, if required. Used car stock changes daily - to find out if we've got the car you're looking for, contact us today.
Does it matter if I have a poor credit rating?
ACF Car Finance can help to arrange finance for customers with a less than perfect credit rating. With our panel of lenders, customers can re-establish their credit history by making repayments in full and on time every month so even if you've had credit problems in the past, you could soon be on your way to drastically improving your credit profile.
How do I make an application?
You can either complete the short car finance application form online, call 0800 280 2087† to apply over the phone or enter your contact details opposite to request a call back at a time convenient for you.
How does ACF Car Finance work?
ACF Car Finance is the UK's leading specialist sub-prime car dealer. We supply the car and can help to arrange the finance to buy the vehicle, if needed. Vehicles are supplied from our nationwide network of showrooms and finance is only available on cars supplied by us. Our aim is for each customer to find the car they're looking for at a monthly repayment to suit their budget.
How fast can I borrow the funds?
Depending upon the time of day we receive your application, the underwriting process usually takes an hour or so and we can arrange an appointment then and there. Once at the showroom, you could drive away in one of our quality used cars the same day. Please note that we will only actually ask you to visit the showroom once the finance is approved, meaning we don't waste your time if we are unable to help you.
How long will the application process take?
You could get approved for car finance in a matter of minutes, subject to you satisfying the lenders' minimum criteria. There is no complicated paperwork to complete and your application is 100% confidential.
How much am I able to borrow?
The loan advance is determined by the lender, dependent on your individual circumstances and affordability. As standard, advances range from £2,000 to £12,000 however customers aren't obliged to take the whole of their available credit. This may vary depending on your choice of car and the monthly repayment you have in mind.
What are the benefits of arranging finance through ACF Car Finance?
ACF Car Finance provides the car and helps to arrange the finance, if required, meaning customers don't have to waste valuable time searching between the numerous banks or other loan providers, before buying the car.
ACF Car Finance stocks a wide selection of popular makes and models, most between 2 and 4 years old, all with an independent MOT.
What do I need to do to get approved?
If you are aged 21 years or over, hold a valid UK Driving Licence, are a UK resident (with a minimum of 3 years' address history), and have a minimum monthly income of £800 (excluding self-employed), you can apply for car finance now. Once you've made an application you could get approved for car finance in a matter of minutes.
What is a Bill Of Sale finance agreement?
Bill of Sale is an assignment or transfer of title in goods to another by way of security for the payment of money. An example is where a finance company lends you money for the purchase of goods via a Credit Sale Agreement, and as security for the loan retains title in the goods until the Credit Sale Agreement is repaid in full. The actual goods remain with you unless you fall behind with payments, when the finance company can seize the goods from you and sell them.
Bill of Sale borrower information sheets:
What is a Hire Purchase finance agreement?
Hire Purchase is an agreement to buy goods on finance. You will not be the legal owner of the goods until you've paid back all of the money you owe and the option to purchase fee. The finance company will own the goods until the final repayment and the option to purchase fee is made. The finance company can take the goods back if you don't keep up your repayments but if you've paid more than a third it would need a court order to do so.
What is car finance?
Car finance is an arrangement where a finance company lends money via a Credit Agreement for a borrower to buy a car.
What rate of interest will I have to pay?
The Annual Percentage Rate (APR) offered is determined by the lender, depending on your circumstances. There are a range of rates available and the pricing strategy directly relates to the level of risk associated to each customer.
How to Apply
- Aged 21 or over
- Hold a valid UK or EEA Driving Licence
- Earning £800 or over per month
- Resident in England or Wales
(90 days' address history)