With with HP finance, you’ll own the car at the end of your loan term, but your monthly repayments might be higher than other options and you won’t be able to sell or change the car during your agreement. If you opt for a personal loan, you can do whatever you like with your new car, but your monthly payments might be higher. PCP car finance often offers the lowest monthly repayments, but you could have to agree to mileage restrictions, and you won’t automatically own the car at the end of the loan term.
No matter which financing option you choose, at CarFinance 247, we’ll always look to find you the best deal from our panel of lenders.
Car finance with bad credit
We work with a panel of lenders including some who specialise in helping people with poor credit secure a loan. It can be more difficult to find a car loan with bad credit but it’s not impossible, even if you’ve been refused elsewhere. In fact, successfully keeping up with car finance repayments could even help to improve your credit score over time. Get a no obligation quote – with no impact on your credit score – to find out more.