Car Finance for Taxi Drivers
As a taxi driver you want a vehicle that’s not only reliable and economical, it also has to be modern and comfortable – finding the right car itself is hard enough. Buying the right car to use as a taxi is often a big investment and therefore finding affordable finance can be vital.
But, ask any private hire driver about it and they’ll tell you that getting car finance for a taxi can be a total nightmare. Buying a taxi on finance just isn’t as simple as buying a car for personal use and finance companies are wary when it comes to lending to taxi drivers.
Taxi drivers can rack up extremely high mileage and their vehicles are obviously under constant wear and tear. This can drastically lower the future resale value of the car, which is the main reason that a lot of lenders simply don’t offer car finance for taxi drivers.
When you also take into account the fact that a taxi driver’s income may not be guaranteed, or can fluctuate from one month to the next, it starts to become a little clearer as to why finding a lender isn’t always so straightforward.
Can You Buy a Taxi on Finance?
We don’t believe that your profession should prevent you from finding car finance and we understand how important funding a new vehicle can be to your livelihood.
Quote Chief have partnered with a panel of brokers who have a wealth of industry experience and knowledge, enabling us to bring you a range of flexible funding solutions. We’ve hand picked the brokers that we work with to ensure that you have the best chance of being approved.
If you’re looking for taxi finance or private hire finance we’re sure that our partners will find affordable options that will suit your circumstances.
If you’d like to shop around for your next taxi with peace of mind, you can apply beforehand to ensure that you have pre-approved taxi finance in place. Who wants to find the perfect car and negotiate a great deal, only to be let down last minute when the dealership tells you that they can’t offer a finance package?
Our brokers will be more than happy to speak to the dealership to arrange the required paperwork and ensure that the transaction goes ahead smoothly.
What About Bad Credit Taxi Finance?
Even if you don’t have the best credit score we can still help with an affordable taxi driver finance package in most cases. We’ve ensured that our partners have access to a range of lenders including those that specialise in lending to customers with a less than perfect credit history.
Apply now and a specialist from the lending team will get in touch to discuss your options.
Uber Driver Car Finance
Whether you’re an established Uber driver or simply starting out, you don’t have to go through Uber to finance your new vehicle. We’re here to help find affordable car finance for Uber drivers in the UK.
Although Uber do offer help with funding services to their drivers, you may find a better deal and be more likely to be accepted for finance by shopping around yourself. It may seem daunting as there are a lot of companies out there that can’t help, but our partners have several solutions to finance a car for you to use as an Uber driver.
Even if you’re looking for Uber taxi finance with poor credit or have been refused by other lenders, with their high acceptance rates and access to a wide variety of lenders, our brokers are here to help.
