Finance FAQs
Why finance at Dave Allen Motors?
Our finance is fast, competitive, and hassle free. Our Business Manager will tailor a finance package that you are completely comfortable with, one that suits your budget and your lifestyle.
Is there a minimum age for applying for finance?
Yes, you need to be at least 18 years of age.
Can I apply for finance with a learner’s driver’s licence?
No, the minimum driver’s licence we require is a restricted licence.
How long will it take for a lending decision to be made?
We can usually let you know within an hour during business hours.
Will I qualify for No Deposit car finance?
In most cases we can approve customers for no deposit car finance. To know if you qualify it is best to apply for a no obligation pre-approval by completing our online application form.
What will I need to bring with me or email to you?
When you come in and see us, bring with you a one month bank statement showing your pay going into your account, your ID such as a driver's licence or passport, and details of any other loans or payments you are making.
What if I still owe money on my old car?
That's not a problem - in most cases we can trade in your old car and pay off the old loan for you. We then simply deduct that amount you owe from your trade-in value.
I am already pre-approved with another finance company - can I still buy a car from you?
If you have already been pre-approved by your bank or another finance company it is definitely worth talking to us. Speak to one of our Business Managers today as we can often save you money on your loan payments!
Can I change the amount of my loan after it is approved?
Yes. If you want to increase the amount, it simply needs to be approved by us (you won’t need to fill in another loan application). Just speak to our Business Manager who will organise it for you.
Do you offer insurance?
Yes. To find out about our insurance products click here. We can include all your insurance in your finance.
What is the security for my car loan?
The security will be the car you are purchasing, sometimes we may ask for a guarantor as well.
What is a guarantor?
A guarantor is someone who agrees to pay your loan if you don’t keep up the payments.