Car finance in Birmingham

Car finance in Birmingham

We could help you finance a reliable car in Birmingham so you can get on with your daily life. We’ve helped thousands of customers up and down the UK, including in Birmingham, get the car they need to get around.

How to finance a car in Birmingham

Car finance is where you borrow money to cover the cost of your new car. You then repay the finance amount each month for the length of the agreement. Our agreements last between 36 to 60 months. Once you’ve made your final repayment, you’ll fully own the car.

To get car finance you’ll 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

If you have a particular car in mind, whether it is new or used it must meet our lending criteria:

  • Valued 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)

Try out our car finance calculator. It will give you an idea of what your finance deal could look like, depending on how much you want to borrow and the repayment term.

We could help you finance a reliable car in Birmingham so you can get on with your daily life. We’ve helped thousands of customers up and down the UK, including in Birmingham, get the car they need to get around.

How to finance a car in Birmingham

Car finance is where you borrow money to cover the cost of your new car. You then repay the finance amount each month for the length of the agreement. Our agreements last between 36 to 60 months. Once you’ve made your final repayment, you’ll fully own the car.

To get car finance you’ll 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

If you have a particular car in mind, whether it is new or used it must meet our lending criteria:

  • Valued 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)

Try out our car finance calculator. It will give you an idea of what your finance deal could look like, depending on how much you want to borrow and the repayment term.

Bad credit car finance in Birmingham

If you’re in Birmingham and have bad credit, you might be worried that it stops you from getting a car on finance. We understand that your credit score doesn’t change the fact you need a car to get around. Even if you’ve been refused car finance by other lenders, we could help.

If you’re ready, you can get a quote today. It only takes 5 minutes to fill out our online form, and if you’d rather apply over the phone then you can just leave your contact details and we’ll call you back at a time that suits you.

Bad credit car finance in Birmingham

If you’re in Birmingham and have bad credit, you might be worried that it stops you from getting a car on finance. We understand that your credit score doesn’t change the fact you need a car to get around. Even if you’ve been refused car finance by other lenders, we could help.

If you’re ready, you can get a quote today. It only takes 5 minutes to fill out our online form, and if you’d rather apply over the phone then you can just leave your contact details and we’ll call you back at a time that suits you.

Birmingham car finance calculator

Summary

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

Representative 30.5% APR

Birmingham car finance calculator

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

Representative 30.5% APR

Can I get guaranteed car finance in Birmingham?

No, unfortunately guaranteed car finance is a myth even if you have bad credit. Think about it this way – everyone is different. We all have different circumstances, and our credit file is the same.

No responsible dealer or lender in Birmingham will be able to guarantee you any type of finance without running the appropriate affordability and credit checks. Only once they have done these checks will they be able to tell you for definite that you can get car finance.

There are specialist lenders such as Moneybarn who could help if you have bad credit. You should be wary of anyone claiming to offer guaranteed car finance.

Can I get car finance in Birmingham with no deposit?

Whether or not you can get no deposit car finance depends on a number of factors. These include affordability and credit history.

You may be able to get car finance with no deposit, subject to affordability. However, some of our agreements may require a deposit. Our team can guide you through this process.

We’ve written a guide explaining the pros and cons of getting car finance with no deposit so you can make an informed decision.

What to know about driving in Birmingham

Birmingham is known for Gravelly Hill Interchange, or “Spaghetti Junction”. This can be a nightmare to drive around and many find it stressful. If you have to go through here, we’d advise checking your route in advance so you know which turns you need to take.

When driving through the city you will experience congestion as Birmingham is densely populated. Our study found Birmingham to be the 7th slowest city in the whole of England! Other studies such as TomTom’s Traffic Index ranked Birmingham 101st in Europe for its level of congestion, with 55 hours being lost each year stuck in congestion. It was also seen to have the 3rd most roadworks in the UK in another study we did.

Birmingham’s Clean Air Zone went live in June 2021. Before setting off on a trip to or through Birmingham, make sure that your car won’t be charged for driving through the clean air zone. The Clean Air Zone is anywhere within the city’s ring road (the A4540 Middleway Ring Road). You can use the Government’s clean air zone checker to see if the charges apply to your car or not. 

If you’re looking to get a new car on finance, have you considered going hybrid or electric? Electric cars allow for some low emission driving and usually won’t incur charges if you drive through the Clean Air Zone.

Why apply for finance with Moneybarn?

As the UK’s leading lender of specialist car, van and motorbike finance, we help thousands of drivers every month move past their credit score. We aim to make financing a vehicle as simple and seamless as possible. We offer a Conditional Sale agreement, which means you’ll legally own the car once you make your final repayment.

Our hard work has earned us many major industry awards over the years. Our most recent 2023 awards include ‘Vehicle Finance Provider of the Year’ at the MoneyAge National Credit Awards, ‘Subprime Lender of the Year’ at the Motor Finance Europe Awards, and highly commended for ‘Finance Provider of the Year (subprime)’ at the Car Dealer Magazine Power Awards. 

Can I get guaranteed car finance in Birmingham?

No, unfortunately guaranteed car finance is a myth even if you have bad credit. Think about it this way – everyone is different. We all have different circumstances, and our credit file is the same.

No responsible dealer or lender in Birmingham will be able to guarantee you any type of finance without running the appropriate affordability and credit checks. Only once they have done these checks will they be able to tell you for definite that you can get car finance.

There are specialist lenders such as Moneybarn who could help if you have bad credit. You should be wary of anyone claiming to offer guaranteed car finance.

Can I get car finance in Birmingham with no deposit?

Whether or not you can get no deposit car finance depends on a number of factors. These include affordability and credit history.

You may be able to get car finance with no deposit, subject to affordability. However, some of our agreements may require a deposit. Our team can guide you through this process.

We’ve written a guide explaining the pros and cons of getting car finance with no deposit so you can make an informed decision.

What to know about driving in Birmingham

Birmingham is known for Gravelly Hill Interchange, or “Spaghetti Junction”. This can be a nightmare to drive around and many find it stressful. If you have to go through here, we’d advise checking your route in advance so you know which turns you need to take.

When driving through the city you will experience congestion as Birmingham is densely populated. Our study found Birmingham to be the 7th slowest city in the whole of England! Other studies such as TomTom’s Traffic Index ranked Birmingham 101st in Europe for its level of congestion, with 55 hours being lost each year stuck in congestion. It was also seen to have the 3rd most roadworks in the UK in another study we did.

Birmingham’s Clean Air Zone went live in June 2021. Before setting off on a trip to or through Birmingham, make sure that your car won’t be charged for driving through the clean air zone. The Clean Air Zone is anywhere within the city’s ring road (the A4540 Middleway Ring Road). You can use the Government’s clean air zone checker to see if the charges apply to your car or not. 

If you’re looking to get a new car on finance, have you considered going hybrid or electric? Electric cars allow for some low emission driving and usually won’t incur charges if you drive through the Clean Air Zone.

Why apply for finance with Moneybarn?

As the UK’s leading lender of specialist car, van and motorbike finance, we help thousands of drivers every month move past their credit score. We aim to make financing a vehicle as simple and seamless as possible. We offer a Conditional Sale agreement, which means you’ll legally own the car once you make your final repayment.

Our hard work has earned us many major industry awards over the years. Our most recent 2023 awards include ‘Vehicle Finance Provider of the Year’ at the MoneyAge National Credit Awards, ‘Subprime Lender of the Year’ at the Motor Finance Europe Awards, and highly commended for ‘Finance Provider of the Year (subprime)’ at the Car Dealer Magazine Power Awards. 

FAQs about Birmingham car finance

We have a list of reputable dealers we work with. Some of our trusted partners around Birmingham include:

  • Stellantis &You (formerly Robins & Day), Small Heath Way, B10 0BT
  • Mercedes-Benz of Birmingham, Erdington, B24 8DE
  • Autotrade Birmingham Ltd, Sutton Coldfield, B76 1AU

Please note that you can apply for car finance in Birmingham from any reputable dealer, not just the above list.

If you don’t know whether the car or dealer fits our lending criteria, don’t worry. Our team can help guide you through the process.

When you get a quote with us, we use a soft search which does not affect your credit score. 

Other lenders might use a hard search at the point of application, so its important to understand the difference between a soft search and a hard search.

When you decide to proceed with the loan, a hard search will be done on your credit file which will affect your credit score.

The most popular car brand financed by our customers in Birmingham is Vauxhall. The second most popular is Ford, and the third most popular is BMW.

If you aren’t sure which car you’d like, don’t worry! We can help guide you through that process.

When you make an application, you’ll need to provide some personal details and information about you and your financial situation. If you wish to enter into an agreement then you would need to provide proof of identification (usually a drivers licence) and proof of income with 2 consecutive months of payslips.

Further documents might be needed as part of our affordability checks. If that is the case then our team will be able to guide you through that process.

FAQs about Birmingham car finance

We have a list of reputable dealers we work with. Some of our trusted partners around Birmingham include:

  • Stellantis &You (formerly Robins & Day), Small Heath Way, B10 0BT
  • Mercedes-Benz of Birmingham, Erdington, B24 8DE
  • Autotrade Birmingham Ltd, Sutton Coldfield, B76 1AU

Please note that you can apply for car finance in Birmingham from any reputable dealer, not just the above list.

If you don’t know whether the car or dealer fits our lending criteria, don’t worry. Our team can help guide you through the process.

When you get a quote with us, we use a soft search which does not affect your credit score. 

Other lenders might use a hard search at the point of application, so its important to understand the difference between a soft search and a hard search.

When you decide to proceed with the loan, a hard search will be done on your credit file which will affect your credit score.

The most popular car brand financed by our customers in Birmingham is Vauxhall. The second most popular is Ford, and the third most popular is BMW.

If you aren’t sure which car you’d like, don’t worry! We can help guide you through that process.

When you make an application, you’ll need to provide some personal details and information about you and your financial situation. If you wish to enter into an agreement then you would need to provide proof of identification (usually a drivers licence) and proof of income with 2 consecutive months of payslips.

Further documents might be needed as part of our affordability checks. If that is the case then our team will be able to guide you through that process.

Bad credit? No problem.

If you’ve been suffering with a bad credit history, you’re in good hands. We understand that you still need a reliable car to get to around

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