Rates from 8.9% APR. Representative Example: Borrow £12,000 over 5 years with a £0 deposit. Representative 19.5% APR fixed rate. Monthly payment: £304.38. Option to purchase fee £10 payable. Total cost of credit: £6,272.80. Total amount repayable: £18,272.80.
Car Finance 247 Limited is a credit broker, not a lender.
Want to switch gears to a more sustainable way of living and save money annually? Electric cars might be the perfect option.
More and more people are switching to electric cars. Environmentally friendly and cheaper to run, it’s easy to understand why! Electric cars are better for the conscience and the bank balance in the long run. The downside is, they tend to be more expensive upfront. That’s where car finance comes in.
Financing an electric car makes buying one much more manageable by allowing you to spread the cost over a set period of time while saving money on expensive fuel costs.
If you’re looking for electric vehicle finance, we’re here to help! We'll do our best to find you the best electric car finance deals from our panel of trusted lenders. Simply get a quote to get started and we’ll take it from there.
Just like any car finance deal, electric car finance means spreading the cost of your car. Lots of people struggle to find the money upfront to buy a car. With car finance, you can pay the total amount in manageable monthly instalments instead.
Typically, you pay an initial deposit and then make your monthly payments for the length of your loan, plus interest. Depending on the choice of loan you opt for, you can either choose to keep the car at the end of your agreement or return it.
Can’t afford a deposit? Don’t worry, we offer no deposit car finance options too.
Yes! At Car Finance 247, we may be able to find you a great deal on your dream EV.
You have three options to choose from for electric vehicle finance: Hire Purchase (HP), PCP (Personal Contract Purchase) and a Personal Loan.
The best option for you depends on a few factors. Are you looking for the cheapest electric car finance? Or, do you want to keep the car at the end of your loan term? Here’s an overview of your options:
Not sure which is best for your circumstances? Give us a call and we’ll talk you through your options.
For illustration purposes only. The rate and payment you may be offered will be based on your individual circumstances.
Yes - at Car Finance 247 we know how important a car can be for getting around in, and we don’t believe your credit score should hold you back. We’re here to help those whose credit rating isn’t where it needs to be.
We work with a panel of trusted lenders who specialise in bad credit car finance. They look at more factors than just your credit score when assessing your application. These include your salary, your income vs. expenses, and what’s known as your debt-to-income ratio.
In short, your credit score doesn’t need to put the brakes on getting electric car finance. We may still be able to find you a great deal. Credit is subject to status.
“Electric car finance makes it easier than ever to drive a greener vehicle without the large upfront cost. Thanks to its flexible finance options, you can spread the payments and take advantage of lower running costs while helping the environment too. It's a win-win for your wallet and the planet.”
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 will be paid a commission for providing our services and this commission may be a fixed amount or a percentage of the amount borrowed. The interest rate you pay is directly linked to the amount you are borrowing and your individual credit status.
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