ChooseMyCar - Find The Best Deal on a Cheap Car Loan

How does buying a used car on finance work with ChooseMyCar?

Simply apply using our quick online finance form. We’ll contact our panel of up to 20 trusted lenders and aim to get you a decision within minutes. Your offers will be shared in your secure members area, and our team will be in touch to arrange the finance. If you haven’t already found a car, we’ll even help you source the perfect one.

Can I buy a car on finance if I have bad credit?

Absolutely. Out of our 20 lenders, several specialise in helping customers with low or poor credit scores. Many of these lenders also offer zero-deposit options, so you won’t be excluded even if your credit history isn’t perfect. You can discover more by visiting our bad credit car finance page.

What’s the difference between HP and PCP when I buy used cars on finance?

Hire Purchase (HP) allows you to spread the cost of your car across fixed monthly payments, and once the final instalment is paid, you own the vehicle outright. Personal Contract Purchase (PCP) usually offers lower monthly payments, with flexibility at the end of the agreement — you can return the car, pay a final balloon payment to keep it, or upgrade to a new vehicle.

Do I need a deposit to get cheap cars on finance?

Nearly all of our lenders accept zero deposits. However, if you do have a deposit or positive equity from a part exchange, this can help strengthen your application and may improve the finance rate offered to you.

How quickly can I get my car with ChooseMyCar?

We can often arrange finance and secure your new car the very same day. That said, we’ll always work at your pace — so whether you need a car urgently or want to take your time, you’ll be in safe hands.

Are the used cars checked before I collect my new car?

Yes. We only work with reputable dealerships, and your personal car buyer will ask all the right questions on your behalf. Every car is also HPI-checked, so we can confirm its history and ensure it meets our quality standards before you buy.

What documents do I need to apply for car finance?

Most lenders will need to see your driving licence, and in some cases proof of income if your details can’t be verified automatically. Don’t worry — we’ll let you know exactly what’s required for your application.

Can I part exchange my old car when buying a used car on finance?

Yes. Many of our dealers accept part exchanges, and you can use the value of your current car as part of your deposit. This can help reduce your monthly payments, and if you have positive equity in your car, it could even improve the rate you’re offered.