1. What marques of car do we provide finance for?
At Fast Car Finance we have no allegiance to any particular manufacturers, although typically we finance Luxury, Performance, Prestige and Sports cars. We have significant experience in providing finance for Aston Martin, Audi, BMW, Ferrari, Jaguar, Lamborghini, Landrover, Lexus, Mercedes, Porsche and Volvo marques.

2. Do we finance used cars?
Yes we finance both new and used cars, in addition, we are also able to offer finance on older prestige cars, particularly classic examples of Ferrari and Porsche.

3. What is the minimum size of loan we offer?
Our preferred minimum loan amount is £25,000 with no upper limit.

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4. Do we finance left hand drive cars, imports and American cars?
Yes in most cases Fast Car Finance can secure loans for clients purchasing these cars but please be aware that additional terms and restrictions may apply. We suggest you contact us for further advice if you are considering such a purchase.

5. Can we finance a vehicle that is being purchased from a private individual, rather than a motor dealer?
Yes, in most circumstances we can help. We will however need to speak with the vendor (seller) and it is standard practice that we see a copy of the V5 registration document and that the car is inspected prior to delivery. The inspection is not a mechanical one, it is simply to check that the cars chassis matches exactly the details as shown on the V5/Logbook.

6. What information do we require from you in order to get a pre-approval for your motor finance?
Initially, we just require our clients to complete the online application form. We will review this once received and contact you if we believe the underwriters will require further information to support your finance application

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7. How long is the pre-approval valid for once my application has been approved?
Typically 60 days, although if after this time you have not yet found a car we can arrange for the facility to be renewed, subject to confirming your circumstances are still the same

8. How do we determine the rate of interest charged on the loan we arrange for you?
Rates and terms of borrowing are dependent upon a number of factors to include your credit rating, residential status, loan amount and age of the car you are purchasing. In addition the prevailing rates of interest at the time of your application will also have an effect. We are happy to provide formal written quotations, these are available upon request.

9. What types of motor finance do we offer?
Conditional Sale, Hire Purchase, Lease Purchase, Personal Contract Purchase (PCP) and Contract Hire.

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10. How do I know the car I want to buy is not already the subject of a finance agreement or has previously been classed an insurance write off?
A We will ensure that a check on the vehicle is made with the HPI register. This should report back any prior accident that resulted in the vehicle being an insurance write off. If the car is still the subject of a finance agreement we will ensure this is cleared as part of our approval process.

11. Do we offer car finance for Business users?
Yes, whilst we do not currently have an online application for business clients we welcome all enquiries by telephone and e-mail click here to contact us.

12. What happens once I have found the car I wish to buy and my pre-approval has been agreed?
It’s simple, once you have advised us that you have found your car, we arrange to contact the supplier/dealer (or vendor if a private sale). We organise for them to issue an invoice to us and we can then draw up the finance documents for you to sign. Once these are signed by you, we liaise with the supplier to ensure that they are paid prior to the scheduled delivery date. Once payment is made the car is yours to collect.

13. Do we source cars?
Yes, if you are purchasing a new car then we can assist, please contact us via telephone or email for further information or visit our sister vehicle sourcing company www.affinitas-group.co.uk affinitas specialises in sourcing new prestige cars for clients.

14. What is a balloon payment?
If you wish to keep your car finance repayments to a minimum, you may consider a balloon payment. The balloon is a lump sum, usually payable at the end of the loan. Typically the balloon is calculated by the lender and the amount is based around the likely value of the car at the end of the loan

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