Car Finance for the self-employed

Applying for car finance when self-employed isn’t impossible, but it does take a bit of “know-how” to make sure you can prove your income and that you’d be able to pay off a loan in a timely manner. 

 

Being self-employed has plenty of perks. That’s probably why 4.8 million people in the UK alone work for themselves. It’s become a global trend, really, thanks to advancements in technology that allow people to work from home, start their own businesses, etc. 

 

While self-employment allows for flexibility, and there’s really no limit to the income you can earn, there are some potential drawbacks when it comes to getting an affordable vehicle loan. 

 

Applying for car finance when self-employed isn’t impossible, but it does take a bit of “know-how” to make sure you can prove your income and that you’d be able to pay off a loan in a timely manner. 

 

With that in mind, let’s take a look at a few things that can help get you the best car finance for self-employed individuals.