Find The Best Car Finance Deals

Responding to market demand, lenders have created products which aren't just suitable for purchasing new cars, but also for taking advantage of the second-hand car market. The steep depreciation which a new car experiences (particularly in the first two years of ownership) is well-known. A growing number of people prefer to pay less and opt for a used car, giving them all the benefits of using a premium vehicle without the hefty price tag. 

Traditionally, car finance has always been associated with new car purchase – a way for car dealers and garages to induce people to buy the latest model. Widening financing to include the second-hand market opens up a wealth of possibilities when it comes to getting the car you want at a highly competitive price. Particularly if you're on a limited budget, or like the look of an up-market car but don't want to pay the new purchase price, we can help you find a lender that offers finance on used car options.

Taking out finance on a pre-owned vehicle works in much the same way as a new car purchase; firstly, tell us some background information about yourself and your financial situation. We will then match your information to our large of lenders and brokers criteria, who will come back to you with their best offer. You are under no obligation to proceed at this stage. Once the finance is agreed, it’s time to start car shopping, in some cases you will be free to choose your car from any dealer. 

As well as straight-forward loans, our lenders also offer a range of other financial products which are appropriate for second-hand car purchase. These include HP (hire purchase) arrangements, PCP (personal contract purchase) options, leasing and standard loans. Each of these options has slightly different advantages and disadvantages; our partner’s teams are always on hand to explain your choices fully to you, putting you in control of your lending decision making.