CAR LOANS - COMPARE CAR LOANS

Download to Excel

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) rather than car loans. 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 a car loan, make sure you shop around. Compare different car loans and see which one has the best deal - make sure you take the interest rate into consideration. Check whether rates drop when the loans are 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 loan if you only plan to have the car for three years! Once you have found a suitable car loans provider just click on the Apply button to go through to the next no-obligation step.

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

PROVIDERTYPE

TYPE

Lender / Broker

APR

APR

A Representative APR is a financial service concept in which interest rates quoted through advertising media is required to take into account all charges associated with a product, in addition to the interest rate

LOAN AMOUNT

LOAN AMOUNT

Total amount you can borrow

MIN TERM

MIN TERM

Minimum loan duration

MAX TERM

MAX TERM

Maximum loan duration

FEATURES

FEATURES

List of features of loan

ID REQUIRED

ID REQUIRED

List of ID required to obtain a loan

SUITABLE

SUITABLE

Who the loan is suitable for

RESTRICTIONS

RESTRICTIONS

Restrictions regarding potential borrowers

MORE INFO

Credit Plus Car Loan
Credit Plus Car Loan

Broker5.9%
Representative Example

Representative Example

Total Amount Payable £8,250.00 48
 Monthly Payments of £171.88
Representative APR * 5.9%

£3,000.00 - £50,000.0024 months60 monthsFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: No
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Repayable: Ask on application
Extention: Ask on application

Identification

Identification

Residential details, UK driving license

Suitable For

Suitable For

Purchasing and financing of new or used cars

Restrictions

Restrictions

Minimum age 18 years

Credit Plus Car Loan
Buying a car has never been simpler: With Creditplus you will find both, the best deal and loan! Choose your car from an online database of 65,000 cars from independent dealers with the help of a Creditplus advisor and the car will be delivered to your door. Furthermore Creditplus will compare 50 car finance lending options and will find you the best loan available. Save time, effort and money with Creditplus! DETAIL INFORMATION >>Terms

Terms

See Website for details


Advantages

Advantages

1.Instant online lending decision
2.We search the car loan market to offer you a competitive deal
3.Download your documents online
4.FSA (Financial Services Authority) regulated
5.7 day money back promise
6.Specially tailored deals for car finance with bad credit
7.Part exchange your used car
8.All credit profiles considered for lending, even a poor credit score


Disadvantages

Disadvantages

You have to apply to obtain fees and charges

Zuto
Zuto

Broker7%
Representative Example

Representative Example

Not available

£3,000.00 - £49,000.0018 months5 yearsFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: No
Repayable:
Extention: Not permitted

Identification

Identification

1. Having a valid Driving Liscence
2. UK resident

Suitable For

Suitable For

Car loans for people in all financial circumstances

Restrictions

Restrictions

You are required to be a UK Resident and are aged 21 years or more
 
Your offer is valid for thirty days, although an extension can usually be arranged if buying your car is delayed for any reason.

Zuto
At Zuto, we believe that trying to organise car finance doesn't need to be complicated. In fact, we're sure we can find you the best car loan quickly and easily, without the usual hassles and hidden surprises of some other car finance companies. All we need is a few details about you and your budget, then our expert team will get to work finding you the best car finance rates from our large panel of lenders. Aiming to give you a decision within the hour. Before you apply for a car loan please read the terms and conditions carefully. DETAIL INFORMATION >>Terms

Terms

You must be 21 years old or over and have a vailid driving liscence


Advantages

Advantages

As long as you are not currently bankrupt, having a poor credit rating doesn’t stop you from getting a car loans with us, even if you've been refused before. We have deals to suit everyone whatever your situation or credit history
 
1. Apply online by filling in your details
2. Get Accepted - Your car loan application will be reviewed by our underwriting team and a decision given within 1 - 12 hours. (90% of customers are accepted)
3. Choose Your Car when you're approved your personal car loan advisor will give you a credit limit. Then choose your car from:
 1.) Any UK dealership
 2.) Approved Dealers
 3.) WebCars4U 4.
 
Just choose your car and funds will be sent to the dealer. Then it's just a case of driving away or taking collection of your new car. It's that simple!


Disadvantages

Disadvantages

The age of your car will affect the loan.

Get Me Car Finance
Get Me Car Finance

BrokerN/A
Representative Example

Representative Example

Between 18% and 30% APR

£500.00 - £25,000.00See websiteSee websiteFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable:
Extention:

Identification

Identification

See website for details

Suitable For

Suitable For

No Restrictions on Employment , Length, Salary, Part-Time or Full time

Restrictions

Restrictions

From 18 Years Upwards and a minimum income £400pm

Get Me Car Finance
Are you looking for a new or used car? Have you got bad car credit? GetMeCarFinance can get the car finance you need. Get Me Car Finance aims to provide every one of their customers a guaranteed car loan package on a used car. They can guarantee you will get car finance so you will not have to worry about being rejected. DETAIL INFORMATION >>Terms

Terms

GetMeCarFinance aim to provide you with a detailed car finance deal on your application between 1 to 48 hours and can most of the time achieve faster. We will let you know about your car finance offer by text message, email, telephone or letter if required. Nobody works harder to help you to get the car finance you want. All circumstances are accepted.


Advantages

Advantages

1. They lend our own money
2. They also deal with the best finance companies in the UK
3. 100% acceptance rate
5. We have a stock of our own cars
6. We can deliver to anywhere in the UK


Disadvantages

Disadvantages

1. Watch out for any terms and conditions.

2. You need to apply to find out the APR.
3. They charge a fee a £25 fee. The fee goes towards all of the admin and searching costs that go into getting you the finance. The fee is treated like a non returnable deposit, if you take out finance with any of the companies we recommend the fee will be refunded in full after you have taken out the finance.

carfinance 24/7
carfinance 24/7

Broker19.9%
Representative Example

Representative Example

16.9% APR Typical Variable. carfinance247.co.uk expects 66% of its customers to qualify for this rate or better. The rate you get will depend on your circumstances.

Depending on lenderAsk lender on application60 monthsFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable: Varies
Extention:

Identification

Identification

UK driving license, resitantial details

Suitable For

Suitable For

All vehicles

Restrictions

Restrictions

Only UK drivers

carfinance 24/7
carfinance 24/7 searches over 300 loan products to get you the best deal.You can buy your car where you want, sign the papers and enjoy your new car - even if you have been declined by lenders before. Calculate your loan online and get a decision in an instant. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1.No deposit 

2.Compare 300+ Loan Products 
3.Guaranteed Car Finance


Disadvantages

Disadvantages

Detailed info after applications

MSG Car Loan
MSG Car Loan

Broker26.9%
Representative Example

Representative Example

n/a

999Ask on applicationAsk on applicationFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Repayable: Ask on application
Extention: Ask on application

Identification

Identification

Residential details, UK drtiving license

Suitable For

Suitable For

Car buyers with poor credit history

Restrictions

Restrictions

Only UK drivers

MSG Car Loan
Our reviews speak for themselves when it comes to getting our customers approved for a new car and even when other poor credit options have turned them down we can often still help. Common credit problems include Bankruptcy, Mortgage arears, CCJ's and defaulted finance agreements. Our customers are able to apply online in minutes - get an instant finance decision and then purchase from any UK dealership or our highly trained staff are always willing to source the exact model. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1.Instant decision 

2.Bad Credit accepted 
3.Any make and model


Disadvantages

Disadvantages

Credit check

Motor1Finance
Motor1Finance

Broker5.8%
Representative Example

Representative Example

n/a

Depends on lenderVaiousVariousFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Repayable: Ask on application
Extention: Ask on application

Identification

Identification

Personal details

Suitable For

Suitable For

UK drivers

Restrictions

Restrictions

not under 18 years of age

Motor1Finance
Leave the work finding a suitable loan for your car this finance search and comparison website. We match the right vehicle finance product to the right customer. This leaves time for you to do other things and saves money DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1. Large choice of lenders 

2. Free choice of dealers 
3. Easy online application


Disadvantages

Disadvantages

Not much info possible beforehand

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

Compare Car Loans

Car Loans Information

After your home your car is likely to be the most expensive purchase that you will make. Most people consider their car an essential investment, whether they are using it for getting to work or transporting the family. Safety is always of paramount importance but a good car can come at a high price which isn’t always affordable. However, car loans can make life much easier if you are looking a car but can’t pay all of the money up front. Whether you are looking for a brand new or used car, prices can vary greatly. Aside from the purchase price are other costs to consider, including tax and insurance.

What is a Car Loan?

Unlike a hire purchase where the car company technically owns your car until your final instalment has been paid off, a specialist Car Loan can give you the chance to buy your car outright and pay back the loan over time. Car Loans are provided by companies who offer a quick, user-friendly service. Generally, you can apply online and are rarely turned down. In fact, most specialist car loan providers highlight that they are willing to take on customers regardless of their credit history. This makes them especially appealing to people who have been turned down elsewhere.

Can anyone apply for a Car Loan?

Most car loans ask for your driving licence, passport, proof of address and they might ask for a few bank statements. They might ask that you are at least 21 years of age. A credit check might be carried out and this could affect the amount that a customer is then offered – but a poor credit history won't necessarily mean that an applicant is turned down. In many cases, even self-employed people will be able to get a car loan.

How to finance your vehicle

There are many of ways of financing your vehicle. You could make a cash purchase which means any payment that takes place in one go. It doesn't mean you have to pay in cash (notes and coins). Make sure you check that all the paperwork is genuine and above board before you hand over any money.

Lots of dealers offer their own arrangements, most commonly the Hire Purchase (HP). Another form of dealer arrangement is the Personal Contract Plan (PCP). They are types of loans, and will carry an APR rate – make sure you take into account fees and charges as well as the rate when you work out if this option is worthwhile.

You can get a range of loans and credit cards these days, to help pay for a significant purchase such as a car. Today, you can tailor your loan search by getting a Car Loan from a specialist provider. There are many available who offer an easy online application process and they usually cater for people regardless of credit history.

Before you apply for any sort of loan make sure that you consider what you are doing carefully and seek financial advice. Read the terms and conditions of any loan advertised thoroughly before you make an application.

CAR LOANS - LATEST NEWS News and Charts

If you have your eye on a new 63-plate car then a car loan could be suitable for you

24 September 2013
Which Way To Pay

With the introduction of the new 63-plate car there has never been a better time to investigate the vast array of car loans on the market.

READ ARTICLE

What is a Hire Purchase?

01 June 2010
Which Way To Pay

A basic guide to hire purchases – and whether they are worth looking into, to pay for a car or other large purchase.

READ ARTICLE

Loans for New and Used Cars

21 May 2010
Which Way To Pay

Are you looking for a new (or nearly new) car? The majority of households in the UK have at least one vehicle, so how did they pay for it?

READ ARTICLE

Car Loans for All Borrowers

27 April 2010
Which Way to Pay

Buying a car? Make sure you get a payment plan with competitive rates!

READ ARTICLE