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5th March 2025

By Dan Wilkinson

What is the minimum age for car finance?

The minimum age for car finance in the UK is 18.

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55-60 Pegholme,
Wharfebank Mills,
Ilkley Road,
Otley,
Yorkshire LS21 3JP.

Manchester Office

Unity House,
Hercules Park,
Bird Hall Lane,
Stockport SK3 0UX

Opening Hours

Mon - Fri: 9 am - 6 pm
Saturday: 10 am - 4 pm

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We can introduce you to a limited number of lenders that offer finance products, but we do not offer any advice or recommendations. Our panel of lenders is not a whole of market panel. We are not impartial. We have commercial arrangements with all the lenders on our panel. We may select Unity Auto Finance from the panel which is part of the DSG Finance Group.

We do not charge you a fee for our services, but we receive commission from the lenders we introduce you to if you take out your finance with them. We will pass a proportion of the commission we receive to the motor retailer that introduced you to us. The commission we receive is either a fixed fee or a percentage of the amount you borrow. The commission we receive varies depending on how you are introduced to us, which lender we place you with, and which finance product you choose. When we are able to make an offer of credit to you, we will inform you of the exact amount of commission, how much of it we will keep and how much we will pay to the motor retailer, the method used to calculate the amount and then ask for your consent to this before we proceed with the transaction.

We are a credit broker and not a lender. Magnitude Finance is a trading style of DSG Financial Services Ltd. DSG Financial Services Ltd is a company registered in England & Wales with a company number 02313903. Our VAT registration number is 322352342. DSG Financial Services Ltd is authorised and regulated by the Financial Conduct Authority under firm reference number 649675. If you would like to know how we handle complaints, please ask for a copy of our complaints handling procedure, or click here. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at www.financial-ombudsman.org.uk. Magnitude Finance is a part of the DSG Group, a collective of fintech companies providing car finance solutions to the UK's businesses and individuals.

Magnitude Finance is a part of the DSG Group, a collective of fintech companies providing car finance solutions to the UK's businesses and individuals.

DSG Group are:
DSG Finance | DSG Connected | DSG Prestige | Unity Auto Finance

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