Guaranteed Car Finance

Guaranteed Car Finance

Under new F.C.A. guidelines no Car-Dealer, Credit-Broker nor Finance Company are able to offer 'guaranteed' car finance. However, we at 'The Wright Car Company' are able to offer a finance product that, whilst not being 'guaranteed', is nevertheless a very close second...

So, if you have or have had adverse credit history which, as a consequence, has hindered your attempts to secure that car then we may be able to HELP YOU!

We at 'The Wright Car Company' specialise in obtaining car-finance and believe that if you are able to meet the criteria set out below, then 'The Wright Car Company' can say "YES" and supply you with 'your choice' of car.

What we look for & what we require

  • A credit search is conducted so as to establish that you are on the voter roll and to also establish that you are not in an IVA and/or a bankrupt.
  • Should you not be on the voter roll then we will require copies of bank statements and/or utility bills for each year that you are absent from the voter roll.
  • Ideally, we require three-years of address history.
  • A full U.K. driving licence will need to be produced.
  • Even though we like to say "YES" we also need to establish that you are able to meet the financial payments on your new car. So, if you are employed then we will ask you for your last three pay-slips. Should you be self-employed we will ask you for your last twelve-months bank statements. These procedures are necessary so as to demonstrate that we are conducting ourselves as a responsible lender.

What model of car can I choose?

We would request that you choose a car that is no older than eight-years old, and has a recorded mileage of no more than 80,000 miles.

You will also be required to insure your new car with full-comprehensive cover.

What deposit will I need?

We request that our customers be able to pay up-to a 10% deposit of the purchase price with this particular finance package, this is so as to demonstrate that the customer has displayed a commitment in seeking car finance.

    Example:
  • Sale Price: £7,000
  • GPS tracker: £540.00
  • Total Price: £7540.00
  • Less Deposit: £800.00
  • New Total: £6740.00
  • Arrangement fee: £350.00
  • Monthly payments: £248.15 x 60 months
  • Weekly payments: £57.26 per week
  • Flat rate: 22% APR 44.04%

What warranty will I get with my car?

'The Wright Car Company' will supply with your new purchase, a free-of-charge 12 months RAC mechanical warranty package [inclusive of roadside recovery & homestart for your complete peace- of-mind driving experience. You will also, should so you wish, be offered the opportunity to renew your warranty at a very competitive price.

I don't live close by and I don't want to travel to Essex

Not a problem, should you not be in a position to personally visit us at our showroom then we are able to arrange your finance requirements over the telephone, after which your documents and proofs can then be forwarded on to us. Once everything is in place and we have received clearance, your car can then be delivered anywhere in mainland Great Britain for a £95 transport fee.

  • For areas, other than mainland Great Britain please ask for transport costs.
  • Should you wish to discuss further the opportunity of obtaining car finance, then we would be interested in speaking with you... We can be contacted by telephone on 01268 761 999, or via our Freephone telephone number on 0800 567 7869. Alternatively, should you prefer to email us with your details, we will then contact you by return.