Will an Irish bank loan me money to buy an NI car?

Can I get a car loan from an Irish bank to buy a car from a dealer in Northern Ireland?

Emmet Moore

May 2014 Filed under: importing

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Expert answer

Hi Emmet,

The general consensus seems to be yes, but make sure you ask beforehand. All banks seems to have slightly and subtly different policies when it comes to issuing loans (and not just for this specific circumstance). More than 25,000 cars have been imported to Ireland since the start of the year, so clearly, people are getting loans to buy them and bring them in, and it's an entirely normal procedure. Your bank may ask for some additional guarantees or similar, but as long as you check with them first on their precise policies, you should be absolutely fine.

By the way, you may want to check out our guide to importing cars from the UK while you're here.

Neil Briscoe - Complete Car Adviser
@neilmbriscoe