* Part Exchange Welcome
* No Payments for up to 6 Weeks
* £0 Deposit Finance Options
* CCJ's, Arrears & Defaults Accepted

Frequently Asked Car Finance Questions

At Autozone, we are specialists in all things bad credit car finance. We act as a credit broker and work with a variety of lenders to better improve your chances of getting approved for a car finance agreement.

Below we've answered the top finance questions, to help make car finance easier to understand for seasoned car buyers and new car buyers alike.


The time it takes for a car finance application to be approved really depends on the lender or dealership you've made the application with. At Autozone, we're committed to providing you with a decision the very same day!

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What is the approval process for car finance?
Different finance lenders will have different requirements for whether they will approve a finance application, which also includes your credit score.

A higher credit score can be beneficial to your application as it can mean a lower rate of interest and a shorter contract, but you can still be approved even if you have a less-than-perfect credit score.

We specialise in poor credit car finance and are likely to find a finance lender suitable for you at Autozone.

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What factors affect your credit score?
If you've had trouble maintaining finance payments in the past, you may have opted for an IVA to help you pay off any remaining debts.

But it's not impossible to get a car finance agreement even if you have an IVA, instead, it's assessed on a case-by-case basis.
It is possible to part exchange a car even if it has outstanding car finance on it. The process will involve the value from the part exchange being used to pay off the remaining finance amount, if there is any value left over then that can be put towards your new vehicle.
One of the things needed for a car finance application is income and proof of that income. At Autozone we accept benefits as income, so you can still submit a car finance application for the vehicle of your choice.
Yes, you can get a car even if you have bad credit, as mentioned, we specialise in bad credit car finance and we can help you get approved when you apply with us.
zero deposit car finance agreement means that a down payment isn't required. Typically you'd be expected to put down a deposit that's at least 10% of the car's overall value, so without a deposit, you'll be able to put that money towards the actual finance payments.
To apply for car finance, you'll need to have the following documents:
  • Proof of ID
  • Proof of income
  • Address history
  • Bank details
  • Personal details
The short answer is yes, as a form of ID is required for the initial application. However, the amount you can borrow is usually capped at £25,000, which is still plenty to get a fantastic first car! Some people may however find it beneficial to consider guarantor car finance.
As with a provisional licence, you can apply for car finance with an EU driver's licence. We have helped many customers with EU licences in the past, and our team of experts will do everything we can to support you with your application.
Hire purchase car finance is a popular finance option that allows you to own the vehicle once the payments have been made.

Payments are made up of the car's value plus interest, and you will be required to pay a transfer fee to have ownership of the vehicle transferred over to you.
For some car buyers, hire purchase finance might be better than PCP finance. This is because the way the payments are calculated is much simpler.

PCP finance payments tend to be less expensive as drivers will only be making payments for the duration that they are driving the car, and you can return it once the contract ends.

We can help you get approved for car finance, but if you'd like more information, you can get in touch and our team will be more than happy to help!