Login Menu

Car Finance for 18 Year Olds

Financing a car at 18

  • Over 40,000 vehicles available from trusted dealers
  • Experts will guide you through the car buying process
  • No deposit / £0 options available
  • Compare over 275 products from 17 lenders

What people have to say about us

Superb service

Robert

United Kingdom

Tried the others several times and some offering gimicky freebys that most people will never use. Tried Quotezone, they offered straight forward price comparisons, one of which I am now using.

Keith

Ringwood, United Kingdom

4.76/5 from 3451 customer reviews

Car Finance for 18 Year Olds


Get cheap car finance for 18 year olds by comparing quotes from a wide range of UK providers

When you’re 18, car finance deals can be hard to come by. With Quotezone.co.uk, you can compare a range of offers from our panel of UK lenders. Our easy-to-use form will help take the stress out of shopping around for your first set of wheels, as you’ll be able to compare deals in a matter of minutes. Find out more about financing your car when you’re 18 below.

Can I get finance on a car at 18?

If you’re an 18-year-old with good credit, you can get a car loan as long as you’ve done enough to be considered a “low-risk” applicant. While “good credit” can mean different things to different lenders, a score of 720 or higher is generally considered excellent. If your score is lower than that, you may still be able to get a loan, but you’ll likely have to pay a higher interest rate.

Can I get finance on a car at 18 with no guarantor?

Although it is possible to get 18 year old car finance without a guarantor, some lenders may be hesitant due to your limited credit history. You are more likely to be approved if you can show stability and have enough income coming in regularly to cover the payments.

Can I finance a car as a student?

You can still get a car loan as long as you have some credit history, reliable income, and in some cases, a guarantor or co-applicant if you’re currently enrolled in school.

Can first-time drivers get a car on finance?

Unfortunately, 17-year-olds may face a few roadblocks when trying to finance a car. Most lenders don’t consider lending money to anyone under 18 for various reasons. If you’re 17 and want to finance a car, you’re much more likely to get a car by saving up or through the kindness of others, such as receiving it as a gift or loan from a parent.

Can I finance a car for my son or daughter?

Some lenders enable parents to help finance a car for their child, but the car must typically be registered under the borrower’s name. The parent may also need to be included as the principal driver for the vehicle.

How can I get a car loan at 18?

There are a few things you can do to increase your chances of getting approved for a car loan fast at 18.

  • Build up your credit score by using credit cards responsibly, paying your bills on time, and getting on the electoral roll.
  • Get a co-signer or guarantor with good credit who is willing to sign on the loan with you.
  • Have a down payment saved up to show that you’re serious about the purchase.
  • Use Quotezone.co.uk to find a lender that specialises in loans for young adults or first-time buyers.

Zuto is a credit broker, not a lender. Our rates start from 10.7% APR. The rate you are offered will depend on your individual circumstances. Representative Example: Borrowing £8,000 over 60 months with a representative APR of 19.9%, the amount payable would be £204 a month, with a total cost of credit of £4,264 and a total amount payable of £12,264.

Representative Example
Borrowing £8,000 over 60 months with a representative APR of 19.9% the amount payable would be £204 a month, with a total cost of credit of £4,264 and a total amount payable of £12,264.

Zuto is a credit broker, not a lender. Our rates start from 10.7% APR. The rate you are offered will depend on your individual circumstances.

Car Finance