The chances are that at 19, buying a new car outright isn't an option. But, you don't want a car that's been around longer than you have. So, you might want to consider applying for car finance. But can 19 year olds get car finance? Of course they can. There are some things you should know first, though. Dealerships and finance houses are very willing to secure young people a finance deal. This is because it is unlikely that you will have any other financial commitments. Or, at least less than those older than you. It's extremely appealing to lenders if the only substantial amount of money that comes out of your account every month is for your car. However, your youthfulness can have it's disadvantages...
OSV Limited is an Appointed Representative of Automotive Compliance Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows OSV Limited to act as a credit broker, not as a lender, for the introduction to a limited number of finance providers and to act as an agent on behalf of the insurer for insurance distribution activities only.
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