Car finance in Leeds

Car finance in Leeds

We understand how important it is to get a reliable car to get you around in Leeds. Whether its commuting, taking your children to school, or getting around on the day to day. That’s why we’re proud to help thousands up and down the UK, including in Leeds, get the car they need.

How to get car finance in Leeds

Car finance is where you borrow money to cover the cost of your new or used car. The finance company pay the dealership for you, and you can drive away in your new car. You then make repayments 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, 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)

We understand how important it is to get a reliable car to get you around in Leeds. Whether its commuting, taking your children to school, or getting around on the day to day. That’s why we’re proud to help thousands up and down the UK, including in Leeds, get the car they need.

How to get car finance in Leeds

Car finance is where you borrow money to cover the cost of your new or used car. The finance company pay the dealership for you, and you can drive away in your new car. You then make repayments 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, 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)

Bad credit car finance in Leeds

We’re specialists in bad credit car finance. Even if you’ve been refused car finance by other lenders, or because you have a CCJ or IVA. We understand that your credit score doesn’t change the fact you need a car to get around.

If you’re looking for car finance with bad credit in Leeds and don’t know where to start, try our car finance calculator below. This will give you a clear idea of what your car finance could look like, depending on how much you are looking to borrow and over the repayment term that suits you.

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 Leeds

We’re specialists in bad credit car finance. Even if you’ve been refused car finance by other lenders, or because you have a CCJ or IVA. We understand that your credit score doesn’t change the fact you need a car to get around.

If you’re looking for car finance with bad credit in Leeds and don’t know where to start, try our car finance calculator below. This will give you a clear idea of what your car finance could look like, depending on how much you are looking to borrow and over the repayment term that suits you.

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.

Leeds car finance calculator

Summary

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

Representative 30.5% APR

Leeds 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 Leeds?

No, unfortunately guaranteed car finance is a myth even if you have bad credit – it doesn’t exist. No responsible dealer or lender in Leeds 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.

If you are looking for car finance in Leeds with poor credit, a specialist lender like Moneybarn may be able to help.

Can I get car finance with no credit checks in Leeds?

Car finance with no credit checks doesn’t exist. Think about it like this. Everyone’s eligibility for car finance is different because everyone has a different income, credit history and score. A responsible lender will need to use a credit check to make sure you can afford the finance agreement.

The difference is whether the car finance company uses a soft or hard credit check when you apply. Some companies use a hard credit check which does affect your credit score.

We use a soft credit check at the point of application. This doesn’t affect your credit score, and will tell you whether or not we could offer you finance. Once you decide you’d like an agreement with us, and contracts are made, we use a hard credit check.

It’s important to understand the difference. You should be wary of any dealer or lender in Leeds claiming to offer no credit check car finance.

What to know about driving in Leeds

Leeds has quite a small city centre with a large shopping centre within it. This means you can encounter a lot of congestion, pedestrians, and not a lot of available parking spaces. In fact, our recent study on parking spaces found that Leeds was the 12th worst city in the UK, with only 3.49 spaces per 1,000 cars.

Locals can sometimes park their car for the weekend and not move it in case of losing their space. There is also a city centre loop which is one way and can sometimes cause confusion if you don’t know the area. If you’re visiting Leeds city centre, it may be a good idea to try and use the park and ride.

TomTom’s Traffic Index ranked Leeds 130th in Europe for it’s level of congestion. Although this isn’t as bad as other cities in the UK, it does mean that you could lose up to 50 hours a year being stuck in traffic.

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 Leeds?

No, unfortunately guaranteed car finance is a myth even if you have bad credit – it doesn’t exist. No responsible dealer or lender in Leeds 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.

If you are looking for car finance in Leeds with poor credit, a specialist lender like Moneybarn may be able to help.

Can I get car finance with no credit checks in Leeds?

Car finance with no credit checks doesn’t exist. Think about it like this. Everyone’s eligibility for car finance is different because everyone has a different income, credit history and score. A responsible lender will need to use a credit check to make sure you can afford the finance agreement.

The difference is whether the car finance company uses a soft or hard credit check when you apply. Some companies use a hard credit check which does affect your credit score.

We use a soft credit check at the point of application. This doesn’t affect your credit score, and will tell you whether or not we could offer you finance. Once you decide you’d like an agreement with us, and contracts are made, we use a hard credit check.

It’s important to understand the difference. You should be wary of any dealer or lender in Leeds claiming to offer no credit check car finance.

What to know about driving in Leeds

Leeds has quite a small city centre with a large shopping centre within it. This means you can encounter a lot of congestion, pedestrians, and not a lot of available parking spaces. In fact, our recent study on parking spaces found that Leeds was the 12th worst city in the UK, with only 3.49 spaces per 1,000 cars.

Locals can sometimes park their car for the weekend and not move it in case of losing their space. There is also a city centre loop which is one way and can sometimes cause confusion if you don’t know the area. If you’re visiting Leeds city centre, it may be a good idea to try and use the park and ride.

TomTom’s Traffic Index ranked Leeds 130th in Europe for it’s level of congestion. Although this isn’t as bad as other cities in the UK, it does mean that you could lose up to 50 hours a year being stuck in traffic.

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 Leeds car finance

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

  • Catalina Of Stanningley, Pudsey, LS28 6AT
  • Scott’s Of Leeds, Bramley, LS13 2EF
  • Vision Motors Leeds, Enterprise Park, LS10 1AX

Please note that you can apply for car finance in Leeds 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 Leeds 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.

You might be looking for a car on finance without having to put down a deposit. This might be possible depending on your circumstances. Please note it depends on personal factors such as affordability and credit score.

Please see our guide to no deposit car finance for more information. Some of our agreements may require a deposit.

FAQs about Leeds car finance

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

  • Catalina Of Stanningley, Pudsey, LS28 6AT
  • Scott’s Of Leeds, Bramley, LS13 2EF
  • Vision Motors Leeds, Enterprise Park, LS10 1AX

Please note that you can apply for car finance in Leeds 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 Leeds 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.

You might be looking for a car on finance without having to put down a deposit. This might be possible depending on your circumstances. Please note it depends on personal factors such as affordability and credit score.

Please see our guide to no deposit car finance for more information. Some of our agreements may require a deposit.

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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