Car finance

We can help walk you through the entire car finance process.
To get started you will need:
  • Monthly earnings over £1,000 (after tax)
  • To be aged between 20 and 75
  • A full valid UK driving licence
  • 2 consecutive months of payslips

Apply for car finance

  • Monthly payment: £000.00
  • Total to repay: £00,000.00
  • Calculated APR: 00.0%

Representative 30.5% APR

Car finance

We can help walk you through the entire car finance process.

What is car finance?

Car finance is when you borrow money to cover the cost of your new car. The finance company pays the dealership for you, and you make monthly payments for an agreed amount of time (between 36-60 months). This gives you access to a car without having to pay a lump sum upfront.

There are lots of different car finance options so it’s important to understand how they work before making any applications. You may be able to get car finance with no deposit, however this depends on several factors such as credit history and affordability.

How does car finance work?

Depending on what you want there are car finance options suited to different people’s needs, but there is no one size fits all.

We offer a Conditional Sale Agreement. This means that you have full use of the car and are its registered keeper. Unlike with other types of finance, you’ll automatically become the legal owner of the car once you’ve made your final payment.

With our CS finance, there is no additional fee or balloon payment you need to make.

What is car finance?

Car finance is when you borrow money to cover the cost of your new car. The finance company pays the dealership for you, and you make monthly payments for an agreed amount of time (between 36-60 months). This gives you access to a car without having to pay a lump sum upfront.

There are lots of different car finance options so it’s important to understand how they work before making any applications. You may be able to get car finance with no deposit, however this depends on several factors such as credit history and affordability.

How does car finance work?

Depending on what you want there are car finance options suited to different people’s needs, but there is no one size fits all.

We offer a Conditional Sale Agreement. This means that you have full use of the car and are its registered keeper. Unlike with other types of finance, you’ll automatically become the legal owner of the car once you’ve made your final payment.

With our CS finance, there is no additional fee or balloon payment you need to make.

We can provide car finance to those that meet our lending criteria:

  • Monthly earnings over £1,000 (after tax)
  • Aged between 20 and 75
  • Full valid UK driving licence
  • 2 consecutive months of payslips

If that sounds suitable for you, why not try our car finance calculator? It’ll show you what your agreement might look like, including what your monthly payments might be depending on how much you want to borrow.

When you get a quote, we use an initial soft check to understand your eligibility. This doesn’t affect your credit score, unlike other lenders who may use a hard check straight away. We only use a hard check when contracts are drawn up for you to sign.

Car finance with Moneybarn

Conditional Sale car finance diagram

Car finance with Moneybarn

Conditional Sale car finance diagram

We can provide car finance to those that meet our lending criteria:

  • Monthly earnings over £1,000 (after tax)
  • Aged between 20 and 75
  • Full valid UK driving licence
  • 2 consecutive months of payslips

If that sounds suitable for you, why not try our car finance calculator? It’ll show you what your agreement might look like, including what your monthly payments might be depending on how much you want to borrow.

When you get a quote, we use an initial soft check to understand your eligibility. This doesn’t affect your credit score, unlike other lenders who may use a hard check straight away. We only use a hard check when contracts are drawn up for you to sign.

What do I need to finance a car?

Getting a quote online takes less than 5 minutes, and if you’re approved, we’ll show you what your agreement may look like. We’ll just need some information about you to get started, and if you’re approved, we’ll be in touch to help guide you along the process.

For more information, check out our guide that explains what you need when applying for car finance.

We understand the importance of having a car that is reliable and trustworthy. Our expert team would be happy to discuss your options and help you search for the right vehicle.

If you already have a car in mind, great! Make sure it meets our lending criteria:

  • Priced between £4,000 – £35,000
  • The car can have a mileage up to 120,000 at the start of the agreement (depending on your loan offer)
  • No more than 15 years old by the end of the agreement (depending on your loan offer)

What do I need to finance a car?

Getting a quote online takes less than 5 minutes, and if you’re approved, we’ll show you what your agreement may look like. We’ll just need some information about you to get started, and if you’re approved, we’ll be in touch to help guide you along the process.

For more information, check out our guide that explains what you need when applying for car finance.

We understand the importance of having a car that is reliable and trustworthy. Our expert team would be happy to discuss your options and help you search for the right vehicle.

If you already have a car in mind, great! Make sure it meets our lending criteria:

  • Priced between £4,000 – £35,000
  • The car can have a mileage up to 120,000 at the start of the agreement (depending on your loan offer)
  • No more than 15 years old by the end of the agreement (depending on your loan offer)

Apply for car finance

  • Monthly payment: £000.00
  • Total to repay: £00,000.00
  • Calculated APR: 00.0%

Representative 30.5% APR

I would 100% recommend them to friends or family. They helped me get my car and in return I’ve gained independence and freedom, and a car I’m proud to say is mine! – Leah.

Leah in her car financed by Moneybarn
Leah in her car financed by Moneybarn

I would 100% recommend them to friends or family. They helped me get my car and in return I’ve gained independence and freedom, and a car I’m proud to say is mine! – Leah.

How much will car finance cost?

Everyone’s car finance agreement is different. How much your monthly car finance payments will be depends on many factors. These include your personal circumstances such as income, credit history, and affordability.

Make sure you understand the terms of finance before making applications. It’s important to understand how APR works, too.

Lenders will always check that you can afford to make payments before confirming you have been approved for car finance. You should also be wary of anyone claiming to offer car finance with no credit check as this doesn’t exist.

Why choose us for car finance?

Financing a car with Moneybarn means you are getting the support you need to live your life to the fullest. If you’re wanting to build your credit score or if your credit history isn’t perfect, then we want to help. We’re here for every step of your journey. As a car finance direct lender, we could help even if mainstream lenders can’t.

How much will car finance cost?

Everyone’s car finance agreement is different. How much your monthly car finance payments will be depends on many factors. These include your personal circumstances such as income, credit history, and affordability.

Make sure you understand the terms of finance before making applications. It’s important to understand how APR works, too.

Lenders will always check that you can afford to make payments before confirming you have been approved for car finance. You should also be wary of anyone claiming to offer car finance with no credit check as this doesn’t exist.

Why choose us for car finance?

Financing a car with Moneybarn means you are getting the support you need to live your life to the fullest. If you’re wanting to build your credit score or if your credit history isn’t perfect, then we want to help. We’re here for every step of your journey. As a car finance direct lender, we could help even if mainstream lenders can’t.

Great customer service

We aim to help customers onto a better road ahead, and our customers rate us 'Excellent' on Trustpilot.

Award-winning finance

Our commitment to positive customer outcomes has won us various industry awards over the years.

Leading specialist lender

As one of the UK's leading specialist lenders, we accept people that have been let down by mainstream lenders.

Great customer service

We aim to help customers onto a better road ahead, and our customers rate us 'Excellent' on Trustpilot.

Award-winning finance

Our commitment to positive customer outcomes has won us various industry awards over the years.

Leading specialist lender

As one of the UK's leading specialist lenders, we accept people that have been let down by mainstream lenders.

What type of cars can I get finance for?​

When you apply for car finance it’s important to check that the lender will finance the type of car you want. All lenders, including us, will have a lending criteria. This details what the car and dealership need to be in order for us to finance the vehicle.

We finance a range of car brands, not just those included on our car brands page, but many more. We also can help you get a car loan for electric cars and hybrid cars.

We help thousands of customers into a car each month, so we know that financing a car isn’t always easy. We offer vehicle finance across the whole of the UK, including Northern Ireland, so we could help get car finance near you.

What type of cars can I get finance for?​

When you apply for car finance it’s important to check that the lender will finance the type of car you want. All lenders, including us, will have a lending criteria. This details what the car and dealership need to be in order for us to finance the vehicle.

We finance a range of car brands, not just those included on our car brands page, but many more. We also can help you get a car loan for electric cars and hybrid cars.

We help thousands of customers into a car each month, so we know that financing a car isn’t always easy. We offer vehicle finance across the whole of the UK, including Northern Ireland, so we could help get car finance near you.

One

Get a quote using our online application form. This should take less than 5 minutes.

Two

We run an initial soft check to check your eligibility. This will not impact your credit score.

Three

If you’re approved, browse vehicles within your budget with our vehicle finder tool.

Four

A member of our team will help you with any paperwork and search for your new car.

Five

Once your agreement is signed, we’ll pay the dealer and you can collect your new car!

One

Get a quote using our online application form. This should take less than 5 minutes.

Two

We run an initial soft check to check your eligibility. This will not impact your credit score.

Three

If you’re approved, browse vehicles within your budget with our vehicle finder tool.

Four

A member of our team will help you with any paperwork and search for your new car.

Five

Once your agreement is signed, we’ll pay the dealer and you can collect your new car!

FAQs when getting a car on finance

Everyone’s eligibility for car finance is different, because it depends on personal factors like affordability and credit score. We are specialists in helping people get car finance even if they’ve been refused by other lenders, even if you’re on benefits, are self-employed or if you have a less than perfect credit score.

We use a soft credit check at the point of application. This doesn’t leave a mark on your credit score, but helps us understand your eligibility for car finance.

If you decide you would like to enter into a car finance agreement with us, we would then conduct a hard credit search which may impact your credit score. This is only done once you decide you are ready and contracts are drawn up to sign.

Some lenders use a hard check at the point of application, so it’s important to understand the difference. If you’re still unsure then you can learn more in our guide on soft vs hard credit checks.

Yes, you can apply for car finance online. Our application form will ask you for some personal details about you and your financial situation. If you are eligible for car finance with Moneybarn you might be asked to provide proof of identity (usually a drivers licence) and proof of income. But don’t worry, we can guide you through that process.

This is the case whether you’d like to make a single application by yourself, or if you’re looking to make a joint application for car finance.

FAQs when getting a car on finance

Everyone’s eligibility for car finance is different, because it depends on personal factors like affordability and credit score. We are specialists in helping people get car finance even if they’ve been refused by other lenders, even if you’re on benefits, are self-employed or if you have a less than perfect credit score.

We use a soft credit check at the point of application. This doesn’t leave a mark on your credit score, but helps us understand your eligibility for car finance.

If you decide you would like to enter into a car finance agreement with us, we would then conduct a hard credit search which may impact your credit score. This is only done once you decide you are ready and contracts are drawn up to sign.

Some lenders use a hard check at the point of application, so it’s important to understand the difference. If you’re still unsure then you can learn more in our guide on soft vs hard credit checks.

Yes, you can apply for car finance online. Our application form will ask you for some personal details about you and your financial situation. If you are eligible for car finance with Moneybarn you might be asked to provide proof of identity (usually a drivers licence) and proof of income. But don’t worry, we can guide you through that process.

This is the case whether you’d like to make a single application by yourself, or if you’re looking to make a joint application for car finance.

Bad credit? No problem

We specialise in helping those who have been rejected by mainstream lenders. Even if you have bad credit, we may be able to help. Find out more below.

A quick guide to car finance

We use our own criteria when deciding whether to approve someone for car finance or not, after all – you’re more than just a credit score.

The application process

Wondering if we will lend to you? Find out more about our process and how we choose who to approve for car, van and motorbike finance.