We are a credit broker, not a lender

Instant
car finance

With CarFinance you will be able to find favourable car loan offers depending on your needs, requirements and budget

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4.8 out of 5

Free eligibility check with no impact on your credit.

Bad credit & no deposit deals.

Looking for instant car finance? At CarFinance, our application process is designed to be simple and transparent. We understand the importance of getting you behind the wheel of your new car quickly. Apply with us today and experience a hassle-free process that puts you in control. Get started now to secure the car finance you need without any unnecessary delays or complications.

Car finance calculator

With the help of the calculator you can roughly estimate possible car loan options

Finance calculator

Loan amount

For how long?

36 mo
42 mo
48 mo
60 mo

Estimated credit score

This helps you get a more accurate finance estimate

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Not sure about being approved?
Check finance eligibility

Won't affect your credit score. We are a credit broker.

Your estimated examples

These estimates are subject to credit checks, and may change if you do apply for finance.

PCP £113.36/pm

HP £174.39/pm

Loan amount£7,500.00

Length of Loan60 months

Monthly payment£113.36

Interest rate14.9% APR

Optional final payment£4,875.00

Amount of interest£1,926.40

Total payment£9,426.40

What is instant car finance?

Instant car finance refers to a swift decision on your eligibility for a car loan. This decision is based on key factors including your credit score, financial circumstances, income, and payment history. At CarFinance, we assess these details efficiently to provide you with a quick response. Your eligibility can be determined within minutes, allowing you to proceed with confidence in securing your desired vehicle. Our aim is to simplify the process, ensuring that you receive a prompt decision tailored to your individual financial situation. Unlock the possibilities of instant car finance with CarFinance today.

Can I get an instant decision on a car finance application?

Yes, you can receive an instant car finance decision on your application with CarFinance. While no lender can promise instant approval, we assess each application quickly and on a case-by-case basis. Our process is designed for efficiency and won't impact your credit score initially. Rest assured, we work swiftly to determine your eligibility, ensuring you can move forward with your car purchase plans promptly. Apply today for a transparent and efficient experience.

Types of quick-decision car finance

PCP

PCP (Personal Contract Purchase) involves paying for the depreciation of the car plus interest over a fixed term. At the end of the term, you have the flexibility to return the car or make a balloon payment to own it outright. This type of finance often offers lower monthly payments compared to traditional hire purchase (HP), making it an attractive option for those who like to upgrade their vehicle regularly. Mileage restrictions may apply, so it's essential to consider your driving habits.

HP

HP (Hire Purchase) involves paying for the full value of the car plus interest in monthly instalments over an agreed period. Once all payments are made, you own the vehicle outright. Unlike PCP, there's no balloon payment at the end. HP offers straightforward financing with fixed monthly payments and no mileage restrictions, providing certainty and ownership at the end of the term. It's a popular choice for those looking for a clear path to car ownership without surprises.

Immediate bad credit car finance deals

At CarFinance, we believe everyone deserves a chance to obtain car finance, even with a poor or bad credit history. We assess applications individually, looking beyond credit scores to understand your complete financial picture. Our application process is straightforward, enabling you to apply quickly and easily. You'll receive a prompt decision, and our team is available to provide personalised guidance and advice tailored to your situation. Take the first step towards securing your bad credit car finance deal with CarFinance, where we're committed to helping you get on the road

Requirements for the immediate car finance

To be eligible for immediate car finance without a guarantor, you must meet specific criteria:

Minimum age of 21 years.
Residency in the UK for the past three years.
Possession of a valid UK driver's licence.
Full-time employment status.
No bankruptcy declarations.
Demonstrable ability to afford monthly payments.

Meeting these requirements can improve your chances of securing car finance quickly and efficiently with CarFinance. Apply today to explore your options.