Car Finance Car Finance Calculator How It Works Help & Advice Contact Us Sign In Documentation What Documents are Needed for Car Finance? Written by Tim Carpenter July 16, 2021 Edited on July 16, 2021 The documents that you’ll need to complete your car finance application will depend on the lender that approves you in principle. Each lender has their own requirements but, in general, they will need to see proof of driving licence, proof of income, and proof of address. It doesn’t matter whether you live in England, Wales, Scotland, or Northern Ireland – the documents that you’ll need to secure car finance will be broadly the same. If your lender does need additional paperwork, your account manager will let you know and sort out all the admin for you. Driving Licence While we do work with lenders that can offer car finance to people with a provisional licence – or no licence at all – many of our panel do ask that you have a full driving licence. You’ll be asked to upload a picture of your licence photocard after you’ve applied online. Make sure that your picture and all the details – including your current address – are clear and easy to read before you share your shot. Proof of income Lenders will typically want to know whether you’re employed full-time, working part-time, self-employed, retired or a student as well as how much you typically earn each month. This helps them to carry out affordability checks to make sure you’re not applying for a loan that could cause your finances to stretch too thin. Copies of your payslips or bank statements can be a good form of proof, or you may be invited to use 247 Connect to confirm your income. Proof of address To double-check your address details, a lender will usually ask for a copy of something like a utility bill – your latest electricity or water bill – or your most recent council tax statement as proof. These documents will be requested no matter whether your credit is excellent, fair, or in need of some work. In fact, we work with lenders that can help people find bad credit car finance, even if you’ve been refused elsewhere. Find out more about the paperwork you might need to prepare here Get a quote No impact on your credit score Rates from 7.9% APR. Representative APR 20.7% Liked by 16 People Tim Carpenter Car Finance Expert Amount to borrow £ To pay over 5 years Assuming your credit profile is: Excellent Good Fair Bad Total cost of credit 1,686.40 Total repayment 8,186.40 60 monthly payments of £ 136 44 Get a quote No impact on your credit score Rates from 7.9%: the exact rate you will be offered will be based on your circumstances, subject to status. Representative example: borrowing £6,500 over 5 years with a representative APR of 20.7%, an annual interest rate of 20.7% (Fixed) and a deposit of £0.00, the amount payable would be £168.48 per month, with a total cost of credit of £3,608.67 and a total amount payable of £10,108.67. We look to find the best rate from our panel of lenders and will offer you the best deal that you’re eligible for. We don’t charge a fee for our service, but we do earn a commission. This does not influence the interest rate you’re offered in any way. More Documentation related questions What Does Being Provisionally Approved for Car Finance Mean? Can You Get Car Finance if You Are Not A UK Resident! How do i apply for car finance with less than 3 years address history? Do you have to be on the Voters / Electoral Roll to get approved for car loans? Can you get finance while not on the electoral roll? Am i eligible for car finance? Can't find the right answer? Our Manchester based team are ready to help you. Get in touch CarFinance 247 Ltd., Universal Square, Devonshire Street North, Manchester, M12 6JH, Sitemap Partners' portal Dealers' portal Yes car credit Terms & Conditions Privacy Policy Cookie policy Acceptance use policy Complaints procedure Modern Slavery Act 247 Money Free ride to the top Also of Interest: What credit score do I need to be approved for...What documents are needed for a car loan?What paperwork do you need to prepare for car finance? * The UK's number one online car finance broker by unique users to the website. Based on Hitwise data – 1,746,657 to CarFinance 247 vs. 666,020 for nearest competitor. January to December 2019. 96% of our customers recommend us: † Based on feedback left on independent review site Reviewcentre. May 2019. CarFinance 247 is a trading name of CarFinance 247 Limited. Registered office: Universal Square, Devonshire Street North, Manchester, M12 6JH. Registered in England. (Registration Number 06035525). CarFinance 247 is authorised and regulated by the Financial Conduct Authority for insurance distribution and credit broking (Firm Reference Number: 653019). CarFinance 247 is registered with the ICO (Registration Number Z1897658). Finance is subject to status and is only available to UK residents aged 18 and over. Written quotations are available on request. This site uses cookies so that we can provide you with the best user experience. By continuing to use the site you are consenting for cookies to be used. Further information on cookies and how you can disable them is available on our cookie policy. We use cookies to look after your data, personalise ads, and give you a great online experience. Accept Cookies Manage Cookies Find out about our cookie policy