Feel Good
Car Finance

Car Loans | CarFinance 247
Get a quote
No impact on your credit score
Rates from 7.9% APR. Representative APR 20.7%
Car Loans | CarFinance 247
Trustpilot logo
Trustpilot 4 Half Stars
4.6 out of 5

Rates from 7.9% APR: the exact rate you will be offered will be based on your circumstances, subject to status.

Representative example: borrowing £6,500 over 5 years with a representative APR of 20.7%, an annual interest rate of 20.7% (Fixed) and a deposit of £0.00, the amount payable would be £168.48 per month, with a total cost of credit of £3,608.67 and a total amount payable of £10,108.67.

We look to find the best rate from our panel of lenders and will offer you the best deal that you’re eligible for. We don’t charge a fee for our service, but we do earn a commission. This does not influence the interest rate you’re offered in any way.

Car finance? Let’s do this…

It all starts with a quote

With no obligation and no impact on your credit score. As soon as you’ve clicked submit, we’ll get to work finding you the best deal from our wide panel of lenders.

Choose a car

We’ve shaken up the system; with us, you can get your finance sorted first and then choose a car with confidence from any reputable dealer.

More on how we work

We’re in your corner

Paperwork, dealer negotiations, car checks? We’ll sort it. You can sit back and relax while your dedicated account manager takes care of all the admin for you.

We only work with trusted partners

What our customers say

Frequently asked questions

The cheapest way to finance a car depends on a few factors including the type of loan you have, the loan length, and the APR. Keep in mind that the loan that offers the lowest monthly repayment might not be the cheapest deal as you could end up paying back more in interest over time.

PCP car finance could be the cheapest finance option for you as, unlike with HP and personal loans, you don’t have to borrow the full amount your vehicle is worth. Instead, you’ll borrow the difference between the price now and the amount the lender thinks your car will be worth at the end of your agreement – the Guaranteed Minimum Future Value (GMFV). But remember, you won’t own the car at the end of your loan unless you choose to pay the balloon payment.

No! When you apply with CarFinance 247, we’ll run a soft credit check to find out if we can find you’re an approval from one of the lenders on our panel. This may be noted on your credit report, but it won’t affect your score. It’s only if you choose to proceed with a finance option that a hard credit check will be completed.

Yes! You can use the car finance calculator to get an estimate of your monthly repayments based on the amount you’d like to borrow, the loan term length, and your credit score boundary.

You can apply for a car loan with CarFinance 247 if you’re over 18 years old and have a minimum of three years’ address history in the UK.

With CarFinance 247, you can get a decision in minutes. Make an application, pop the kettle on, and you’ll have a decision by the time you’ve finished your tea. If we’ve found you an approval in principle, your dedicated account manager will give you a call to confirm your details and discuss the next steps.

The cost of car finance is usually the amount of money you borrow plus the interest and any other charges that you’ll pay on the loan over the repayment period.

If you choose HP car finance, your monthly repayments will cover a portion of your loan and your interest payment. The interest rate that you’re offered depends on a few different things including your credit score and improving your score could give you access to better rates.

If you know how much you’d like to borrow or have already found a car you’d like to buy, it’s time to apply. It all starts with a quote. Our online application form will ask you to enter some personal details, your current employment status, monthly income, and information about the vehicle you’re looking to buy so that we can get to work finding you an approval in principle from our panel of lenders. Find out more about the paperwork you need to prepare for car finance here.

Yes, we can accept part-exchanges.

A part-exchange acts as a down payment towards your new car, in the same way that a deposit does. This would reduce your total loan amount, which means the amount you pay back each month is reduced too.

Having a part-exchange can sometimes help when it comes to likelihood of approval as it means a smaller loan amount is requested, which might open more options up to you. If you wanted to put a cash deposit down, we can accept these too!

We're often able to help customers that have been refused elsewhere.

If you've applied somewhere else (such as a bank, car dealership or even another car finance broker) and have not been successful, you might start to think that nobody can help. However, that doesn't have to be the case. Some of the lenders we work with actually specialise in helping people with bad credit to get car finance, so we'll try our best to find the right finance option for you.

Working with a large panel of lenders means we can help customers with a range of credit histories to get car finance, and we're frequently able to help people with fair credit. No two customers are alike, so we'd look at your application in more detail to make sure we tailor a quote to your needs. We've got a number of options that would be suitable for customers with fair credit, so we'd be hopeful of being able to help you to get a competitive finance deal in place.

Yes, you can choose a car from any reputable UK dealership!

To make finding the right car easier, we've got over 130,000 cars for you to view on our car search. Once you've found a car, you just need to share the details with your account manager and they'll do the rest.

You don't have to choose a car from our search and, if you need a hand finding the right car, your account manager will be on hand to help so just let them know what you're looking for.

Read more

Let's get you started

Applying with us only takes a couple of minutes and won't affect your credit score

Get in touch

Contact us

* The UK's number one online car finance broker by unique users to the website. Based on Hitwise data – 1,746,657 to CarFinance 247 vs. 666,020 for nearest competitor. January to December 2019.

96% of our customers recommend us: † Based on feedback left on independent review site Reviewcentre. May 2019.

CarFinance 247 is a trading name of CarFinance 247 Limited. Registered office: Universal Square, Devonshire Street North, Manchester, M12 6JH. Registered in England. (Registration Number 06035525).

CarFinance 247 is authorised and regulated by the Financial Conduct Authority for insurance distribution and credit broking (Firm Reference Number: 653019). CarFinance 247 is registered with the ICO (Registration Number Z1897658).

Finance is subject to status and is only available to UK residents aged 18 and over. Written quotations are available on request.

This site uses cookies so that we can provide you with the best user experience. By continuing to use the site you are consenting for cookies to be used. Further information on cookies and how you can disable them is available on our cookie policy.