Car loans are great news for people who are looking to buy a used or new car. Many people spend considerable lengths of time in choosing their car – and rightly so – but end up with costly finance on their chosen vehicle, often through hire purchases (HP).
HPs are arranged directly through the car dealer and can end up costing you a significantly higher amount than if you take a specialist car loan.
When looking for car finance, make sure you shop around. Compare offers and see which one has the best deal and make sure you take the interest rate into consideration. Check whether the rate drops if the loan is higher.
Finally, don’t forget to think about how long you are going to keep your new car for. There is little reason in getting a five-year car loan if you only plan to have the car for three years!
PROVIDER ![]() | APR ![]() | MINIMUM TERM | MAXIMUM TERM | MINIMUM ADVANCE ![]() | MAXIMUM ADVANCE ![]() | TERMS | SUITABLE FOR | APPLY |
Car Loan 4 U![]() | N/A | 1 year | 5 years | £2,000.00 | £50,000.00 | See webiste for details.
Must apply to find out APR% | If you have been refused car credit previously | ![]() |
| Car loan 4 u specialise in providing car finance for people who have had previous problems obtaining credit. Once Car loan 4 u has arranged your car credit finance with you, you’re free to choose any car from any dealer anywhere in the UK. MORE INFORMATION >> | ||||||||
FundMyVehicle![]() | N/A | N/A | N/A | N/A | N/A | Have a Valid Driving License UK resident with a 5 year address history. | Customers who have been unable to secure credit elsewhere. | ![]() |
| FundMyVehicle are the Number 1 auto loan network in the UK and specialise in providing quality used cars prepared to the highest standards, via a nationwide network of branches. They offer a quick, easy and free access to the auto dealership network. Options and choices will provide you leverage to get the best deal possible and saving you money. MORE INFORMATION >> | ||||||||
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