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I am a new driver, my credit score is not the best. Is it possible to use your loans to buy a car and pay my expensive first year insurance? Would be looking to take out a 3k. Loan over 12/18 months

Hi Gareth,

Thank you for your question regarding car finance.

We only provide secured loans and these are secured against the vehicle you are buying. For this reason we can only provide finance for the purchase of the vehicle and not for any additional costs.

It might be sensible to look into paying for your insurance month by month.

If you have any further questions please do not hesitate to get in touch.

Kind regards,

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.