Bad Credit Porsche from MSG Cars
All of the current Porsche UK models are available from MSG including used models upto 6 years old. Just because you might have been turned down by Porsche finance directly or your contract hire broker doesn’t want to know doesn’t mean that you cant drive the car of your dreams. Our lenders have no upper limit on the cars they will fund meaning that all Prestige models are still within reach for those with credit issues and who would still like to go down the car lease or car finance route as opposed a lump sum cash payment.
The current models in the Porsche line up include; Boxster, Boxster S and the soft top Spyder, Cayman and Cayman S, 911 Carrera and many model variants such as the CS, Cabriolet, 4, 4S, 4 Cab, 4S Cabriolet, GTS, Targa 4, Targa 4S, Turbo, Turbo S, GT3, GT3 RS, GT2 RS and the Speedster.There is also the new Porsche Panamera, Panamera 4, S, 4S and Turbo, Porsche Cayenne and the Diesel model, Turbo or Hybrid.
A low credit score doesn’t mean that you won’t get approved for a new vehicle as thankfully we operate with very lenient lenders who make it their business to provide credit to those the mainstream companies won’t accept. This is possible as with any type of lending as you will pay a slightly higher rate as the perceived risk is increased but with a sliding scale of repayment rates you can be sure that you will always be offered a deal that matches your profile.
We are also able to offer you a car with bad credit so that you can purchase your new vehicle from anywhere providing it is a dealership and not a private sale. This means that you end up driving the car that you want and not what’s convenient to the car finance company. This is as close as you will get to a Car Loan without the need to provide security such as a house with a secured loan and with lending amounts reaching £65,000 there’s no reason to not get involved.
Common FAQ’S for Non Prime Car Funding
What do i need to provide?
With all applications you will need a Full UK passport that is valid or if this isn’t available we will need a copy of your birth certificate. The name that is on the identification needs to match that on the application form completed.
You will also need to provide two months payslips or bank statements to support your proof of income.
How long does the Process take?
The clock starts as soon as you hit send on the application form on our website and you can be assured of a quick turnaround. The great majority of customers will receive a decision Instantly with the rest within the hour and so there is no waiting days for someone to come back to you. As soon as you have then picked your new vehicle and are happy with the price we can issue your finance or lease documents for you to sign and return. All that is required then is for us to send the dealership the funds and away you go in your new motor!
Do i have to pay a deposit?
With all of our current Car Leasing and outright Finance lenders you will have to contribute some form of deposit or initial payment – either by way of cash or your existing car as part exchange. This amount on most cases works out at around four times the monthly repayment amount as a minimum but on applications with a better credit score we can offer a reduced amount of £600. The higher the deposit amount though – the lower your monthly payment will be!
What cars can i have?
We can fund any car on finance providing it is purchased from a dealership and has less than 70,000 miles on the clock. It can be no older than 7 years in age either and we do prefer customers to use garages that have a decent forecourt with at least 10 cars for sale. It is just the same process if you were a cash buyer so even if your local dealer has declined your application we can make sure you still get the car you want.
I was made Bankrupt - can you help?
In the eyes of the right type of lender and Bankruptcy will usually mean that a person has no outgoings other than rent and essentials and so has a clean slate as far as credit is concerned. This means that they are much more likely to be able to afford repayments – even when compared to someone with perfect credit but lots of obligations such as Mortgage, Bank Loan, Car finance and Credit Cards! Our lenders will consider all discharged Bankrupts.
