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Spread The Cost

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I could really do with a second car to make commuting and the school run easier. I’ve already taken out car finance, and will need to take out another loan for a second car. Can you have two cars on finance?

Hi there! The good news is yes, it’s pretty likely! At The Car Loan Warehouse we understand that in a busy household, one car isn’t always enough. Two reliable sets of wheels can make all the difference on the mad morning rush, so being able to take out two cars on finance is so important. Lenders will take a look at your credit score and financial circumstances – but if you have a shiny credit rating and a sufficient regular income, taking out two car loans shouldn’t be a problem!

See what repayments you can afford by checking out our car finance calculator for an instant online quote. Give us a ring on 0800 066 2888 to discuss the details with a car finance specialist and find out if you’ll be eligible for more than one loan.

About The Expert

Jon Le Roux is co-founder and company director of The Car Loan Warehouse. Being a mad engineering and motorsport enthusiast, I spend more hours than is healthy, watching, reading or talking about cars, boats, motorbikes…..basically anything with an engine.