01635 785 400




These are some of the most frequently asked questions we receive. If you have a question that is not answered below or you would like to talk to us in more detail about Approved Car Finance then please contact us.

What makes/manufacturers of car do Fast Car Finance provide finance for?

At Fast Car Finance we have no allegiance to any particular manufacturers, although typically we finance Luxury, Performance, Prestige, Sports and Family cars. We have significant experience in providing finance for  Aston Martin, Audi, Bentley, BMW, Ferrari, Jaguar, Lamborghini, Land Rover, Lexus, Mercedes, Porsche, Volkswagen and Volvo marques. View our approved car financing examples to see how we have helped other clients secure their new car.

Do you provide finance for a used car?

Yes we finance both new and used cars, view our approved car finance examples for further details.

What is the minimum size of loan that Fast Car Finance offer?

Our preferred minimum loan amount is  £7,500 with no upper limit. Our free to use Car Finance Calculator is designed to give you an indication of your likely car loan repayments.

What is the maximum age of car that Fast Car Finance can finance?

For standard motor cars we can finance vehicles that will typically be up to ten years old at the end of the finance agreement. So (for example) we can finance a five year old car over a maximum five years and a seven year old car over a maximum of three years.

Can Fast Car Finance provide finance for a vehicle that I want to purchase privately?

We would prefer not to get involved in arranging finance for cars that are being purchased privately and that includes motor traders who are operating from a home or a  residential address. However, if the car is of high value (typically over  £25,000) we may be able to arrange finance. Please contact us for further details.

What information does Fast Car Finance need me to provide?

Initially, we just require our clients to complete an  application form. This can be found on our Apply Now page. We will review this once received and contact you if we believe the underwriters will require further information to support your finance application. Alternatively please call us and we can discuss your application over the telephone.

What is a pre-approval and how long is it valid for?

A pre-approval is a finance arrangement that has been agreed based on a sum of money required, but when a customer doesn’t know the exact car they want to buy.   This pre-approval will last 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 that your financial and personal circumstances are still the same.

How is the rate of interest that is charged on the loan determined?

Rates of interest and terms of borrowing are dependent upon a number of factors to include your credit rating, residential status, required loan amount and the 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 you with an individual formal written quotation unique to you, please contact us and we will arrange this.

What types of motor finance do Fast Car Finance offer?

Conditional Sale, Hire Purchase, Lease Purchase (or Hire Purchase with a Balloon), Personal Contract Purchase (PCP), Personal Loan and Contract Hire.

How do I know the car that I am intending to buy, is not an insurance write-off?

We will ensure that a check on the vehicle is made with the HPI Register prior to your taking delivery of the car. HPI should report back any prior accident damage that may have resulted in the vehicle being an insurance write-off. Alternatively, if the car is still the subject of an existing finance agreement we will ensure this is cleared as part of our approval process.

Does Fast Car Finance offer car finance for Business users?

Yes, finance for business users is also available through our sister company Thames Valley Asset Finance Limited They provide advice on all aspects of motor finance for business and fleet users, please telephone 0333 1212 400 for immediate assistance or e-mail  enquiries@tvaf.co.uk.

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What happens once I have found the car I wish to buy?

It’s simple, once you have advised us that you have found your car, we arrange to contact the supplying dealer. We will then organise for the dealer 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 dealer to ensure that the car is paid for prior to the scheduled delivery date. Once payment has been made the car is yours to collect.

Can Fast Car Finance actually find a car for me?

Our preference is not to get involved in the sourcing of your motor car as the purchase is personal to each individual customer and we all have different tastes and requirements in terms of colour, interior trim and other options. However, if you know exactly what you are looking for and simply cannot find a suitable car to buy, then please contact us. We work with a number of motor dealers and can put you in contact with one or more of them to help you locate your dream car.

What is a balloon payment?

If you wish to keep your car finance repayments to a minimum, you may wish to consider a balloon payment. A balloon payment is a lump sum, usually payable at the end of the loan. Typically the amount of the balloon is calculated by Fast Car Finance and this amount is based around the likely value of the car at the end of the loan taking into account its age and future mileage. As a guideline, balloon payments are set as follows;

2 year loan – 40% of the cars purchase price

3 year loan – 35% of the cars purchase price

4 year loan – 30% of the cars purchase price

If you have a particular car in mind please contact us and we can provide an accurate valuation and finance quotation. Alternatively our free to use car finance calculator gives you unlimited car finance quotations.

Does the car I want to buy, have to be supplied from a franchised/main dealer?

No, Fast Car Finance do business with independent garages as well as franchised dealer groups. However, for your own protection it is important that any supplier is reputable and will be there to assist you if a problem arises after you have taken delivery. We are keen to make sure that you are buying your car from a reputable source, as a general rule we would expect the supplying dealer to meet the following criteria;

Have been trading in excess of three years

Have a showroom/forecourt

Hold a valid Consumer Credit Licence

Still unsure if the supplying dealer is suitable? Please contact us.

Can Fast Car Finance arrange finance for me if I am looking to buy an expensive older/classic car?

Yes, if you are interested in purchasing an older prestige sports car such as an Aston Martin, Ferrari, Lamborghini or Porsche then please contact us. Typically the car will need to cost over £25,000 and also must be coming from a reputable supplier. Furthermore other “restricted” terms and conditions for finance may apply; this could be a reduced term or a higher rate of interest. We have substantial experience of financing classic and exotic cars for clients and welcome all genuine classic car finance enquiries.

Can Fast Car Finance provide finance for Left Hand Drive Cars?

Please contact us if you are interested in purchasing a car that is left hand drive, specific terms and conditions apply and we can advise you.

Is your question not answered here? Contact us to find out how we can help “put you in the driving seat”. Alternatively our free-to-use Car Finance Calculator is designed to give you an indication of your likely car loan repayments.

Can I put my finance agreement in someone else's name?

The Consumer Credit Act 1974 does not allow you to transfer your agreement to someone else’s name.Therefore if you are a private individual, sole trader or partner in a partnership and your agreement is regulated by this act we cannot transfer it into somebody else’s name. If the agreement is in a Limited Company name, however, it falls outside the scope of the Consumer Credit Act. Provided the reason for transfer isn’t due to bankruptcy or the company being dissolved, you may be able to change it into another limited company name. This will vary from Lender to Lender and you might have to pay a fee for the service.

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  • Thank you Fast Car Finance, your car finance quotation was far better than the one offered to me from the dealer supplying the car. Furthermore, your advice and guidance on the various finance products that were available to me was first class. Great service from great people, you can rest assured I will be in ...

  • Having dealt with Fast Car Finance previously and having the whole process explained to me in plain English, I had no hesitation in returning to them to help finance my next purchase. As expected, the service was excellent . Thank you for holding my hand once again and I’ll be in touch for the next ...

  • Excellent. From my first purchase of my Ferrari a few years ago, then my Aston, to my most recent purchase, Andy has been awesome. Always available for any questions I have, always quick to reply – even at unsociable times. Even when my imagination runs wild Andy is always on hand to provide me quotes ...

  • … my experiences have all been very positive, and I would gladly use the guys again. They have also been a big help working in an advisory role. Steve has helped me out on 2 vehicle purchases this year and on both occasions FCF have worked quickly and effectively to come up with the most ...

  • Thanks Andy – another super job. I know where to come for my numerous car finance needs in the future ...

  • I really appreciated Andy’s professional attitude, ability to find a deal that suited me, his hands-on approach to the paperwork and the personal touch of visiting me at my office in London ...

  • All I have to say is a very excellent service and would recommend you to anyone. Thanks ...

  • Always Fast and Friendly… ...

  • I’ve dealt with Steve for both my transactions and I have to say he’s been brilliant. In both instances he has dealt with almost everything from start to finish with no impact on my busy schedule – no problems and minimal fuss ...

  • I have only dealt with Steve but I can report that he has been professional, courteous and efficient at all times. I would have no reservations in recommending Steve and Fast Car Finance to anyone ...



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