Self-Employed Car Finance

  • Car finance made easy for the self-employed
  • Large panel of lenders
  • Buy from any approved dealer plus no broker fees

Let’s Get Started >>No impact on your credit score

  • Independent car finance broker
  • No Broker Fees
  • Choose a car from any reputable dealer

 

Self Employed Car Finance Calculator

Over 4 Years

Best available rate
XX% APR
Total cost of credit
XXXXXX
Total repayment
XXXXXX
XX Monthly Payments of
£

Rates from 6.9%; the exact rate you will be offered will be based on your circumstances, subject to status

Representative Example: Borrowing £5,500 over 48 months with a representative APR of 22.9% (Fixed) and a deposit of £0.00 the amount payable would be £169.72 a month, with a total cost of credit of £2,646.56 and a total amount payable of £8146.56

Self-Employed Car Finance

Many of those who are self-employed believe it is impossible to obtain car finance whilst self-employed. Thankfully for the 4.2 million self-employed workers in the United Kingdom, this isn’t the case.

The application process for car finance may be slightly different for self-employed workers, Motorly is well-positioned to assist for two reasons. The first being our large panel of lenders and the second our vast experience in helping self-employed workers finance their next car, means we have a great understanding of the additional information lenders seek.

Continue reading to find out how Motorly can help self-employed workers finance their next car

If I Have Bad Credit & I’m Self-Employed Can Motorly Still Help?

Yes, Motorly can help the self-employed obtain car finance, even if they have a history of bad credit. although it can make it more difficult.  The fact you are self-employed ensures you pass the first question any lender asks, which is, does the customer have an income? The next answer a lender seeks is, can the customer afford the monthly payments?

We understand the frustrations of finding your perfect car only to be refused the finance. This could be due to late payments, arrears,  CCJ’s, or simply no credit history. The good news is having bad credit doesn’t mean you can’t borrow the money to finance the car you need to get driving.

Furthermore, once lenders see you repay your finance on time, your credit history will improve and the finance offers available improve as well.

How To Apply For Self-Employed Car Finance

It all starts with our simple online application. As a truly independent broker, we have a large panel of lenders, so we can help those who are self-employed find the best car finance deals.

Once you have applied you will be assigned your own personal account manager, who will be on hand to answer any questions you may have, liaise with the lenders and even assist you with your car search.

Applying With Us Only Takes a Couple Of Minutes & Will Not Affect Your Credit Score