Applying for personal finance

[meanttobeworking]

I've done a few searches here and come up with nothing. I am a one man Ltd Co and I'm looking to get a new car on a 0% finance deal for my wife.

Given that the staff in the dealership are unlikely to understand the ins and outs of contracting/MyCo type arrangements, what answers do I give them? Do I class myself as employed or self employed? My income is predominantly from dividends so if I just give my salary, they're unlikely to approve!

Any advice appreciated...

[SneakySimon]

Personal Finance

Finance at car dealerships generally not as dificult to get as normal finance as the loan is secured on the car - when I used to work on the scorecards for leasing / financiing of cars unless your had awful credit (CCJ's etc) then you would get the finance. Rmemeber, it is relatively safe for the car finance company as you stop paying they take the car.

I have had over the past 5 years 3 lease cars from Sytner BMW and each time my application has gone through with no problems (and I have a bit of outstanding debt!).

Mortgage / Loans / Credit Cards companies when I apply are not as forthcoming unfirtunatly.

[meanttobeworking]

Thanks very much for the info

[Tanya@SC Lee Accountant Ltd]

You are employed.
One of our customers just lease a Mercedes 2000 pound /month. Depends you are going for business lease or personal lease.
Personal lease-salary dividend, rental income or other income/asset you have+credit score
Business lease -company accounts(usually 3 years)

I've done a few searches here and come up with nothing. I am a one man Ltd Co and I'm looking to get a new car on a 0% finance deal for my wife.

Given that the staff in the dealership are unlikely to understand the ins and outs of contracting/MyCo type arrangements, what answers do I give them? Do I class myself as employed or self employed? My income is predominantly from dividends so if I just give my salary, they're unlikely to approve!

Any advice appreciated...