Car finance in Liverpool

Car finance in Liverpool

If you’re looking for a reliable car in Liverpool and don’t have perfect credit, don’t worry. We could help. We’ve helped thousands up and down the UK, including in Liverpool, get the car they need.

How to get Liverpool car finance

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, 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’ve got your eyes on a particular car, make sure it meets 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)

If you’re looking for a reliable car in Liverpool and don’t have perfect credit, don’t worry. We could help. We’ve helped thousands up and down the UK, including in Liverpool, get the car they need.

How to get Liverpool car finance

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, 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’ve got your eyes on a particular car, make sure it meets 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 Liverpool

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 Liverpool 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.

Car finance on benefits in Liverpool

If you’re in Liverpool and are claiming benefits, we could help. We understand that just because you are in receipt of benefits, it doesn’t change your need for a reliable car to get you around Liverpool. Please see our guide to getting car finance on benefits for more information on the specific types of benefits that are accepted.

Bad credit car finance in Liverpool

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 Liverpool 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.

Car finance on benefits in Liverpool

If you’re in Liverpool and are claiming benefits, we could help. We understand that just because you are in receipt of benefits, it doesn’t change your need for a reliable car to get you around Liverpool. Please see our guide to getting car finance on benefits for more information on the specific types of benefits that are accepted.

Liverpool car finance calculator

Summary

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

Representative 30.5% APR

Liverpool 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 Liverpool?

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 Liverpool 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.

That’s why you should be cautious about anyone offering guaranteed car finance. If you have bad credit, there are specialist lenders such as Moneybarn who could help.

No credit check car finance in Liverpool

Another myth about car finance, something you might have heard when searching in Liverpool, is that you can get car finance with no credit checks.

A responsible lender uses a credit check to make sure their finance is affordable for you. The difference is whether the car finance company uses a soft or hard credit check at the point of application.

We use a soft credit check when you apply for a quote. This does not affect your credit score, but means we can tell you whether or not we could offer you finance. Other lenders may use a hard credit check as soon as you apply, which does affect your score.

We only use a hard check when you decide you’d like an agreement with us. It’s important to understand the difference – see our guide that compares soft and hard credit checks.

Can I get car finance in Liverpool 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 might not have the cash to make a deposit up front. Depending on your personal circumstances, you might be able to get car finance without a deposit. However, please note that some of our agreements do require a deposit. Our team will be able to help you through the process and answer any questions you might have.

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 Liverpool

Liverpool is a vibrant city with lots of history and can be a great place to visit. If you decide to drive around the city then you can expect like other cities, congestion at peak times. There is a large pedestrian area for Liverpool ONE shopping and leisure complex, but there are 3 car parks to accommodate plenty of parking for the city centre.

Our recent study on car parking found Liverpool to be in the top 20 places in the UK, with a plentiful 15.35 spaces per 1,000 cars. However, the Merseyside city ranked top 10 for the most expensive parking, at an average cost of £3.74 for a one hour stay.

There are also many major roads supporting the flow of traffic in and out of the city to help with congestion. Unfortunately there is a lot of congestion in Liverpool – our study found it to be the 3rd slowest city in the UK. If you plan on travelling around Liverpool, try to avoid rush hour and use a navigation app like Waze or Google Maps so you know how long your journey will take.

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 Liverpool?

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 Liverpool 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.

That’s why you should be cautious about anyone offering guaranteed car finance. If you have bad credit, there are specialist lenders such as Moneybarn who could help.

No credit check car finance in Liverpool

Another myth about car finance, something you might have heard when searching in Liverpool, is that you can get car finance with no credit checks.

A responsible lender uses a credit check to make sure their finance is affordable for you. The difference is whether the car finance company uses a soft or hard credit check at the point of application.

We use a soft credit check when you apply for a quote. This does not affect your credit score, but means we can tell you whether or not we could offer you finance. Other lenders may use a hard credit check as soon as you apply, which does affect your score.

We only use a hard check when you decide you’d like an agreement with us. It’s important to understand the difference – see our guide that compares soft and hard credit checks.

Can I get car finance in Liverpool 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 might not have the cash to make a deposit up front. Depending on your personal circumstances, you might be able to get car finance without a deposit. However, please note that some of our agreements do require a deposit. Our team will be able to help you through the process and answer any questions you might have.

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 Liverpool

Liverpool is a vibrant city with lots of history and can be a great place to visit. If you decide to drive around the city then you can expect like other cities, congestion at peak times. There is a large pedestrian area for Liverpool ONE shopping and leisure complex, but there are 3 car parks to accommodate plenty of parking for the city centre.

Our recent study on car parking found Liverpool to be in the top 20 places in the UK, with a plentiful 15.35 spaces per 1,000 cars. However, the Merseyside city ranked top 10 for the most expensive parking, at an average cost of £3.74 for a one hour stay.

There are also many major roads supporting the flow of traffic in and out of the city to help with congestion. Unfortunately there is a lot of congestion in Liverpool – our study found it to be the 3rd slowest city in the UK. If you plan on travelling around Liverpool, try to avoid rush hour and use a navigation app like Waze or Google Maps so you know how long your journey will take.

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 Liverpool car finance

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

  • Motor Outlet Limited (trading as Motor Range), Bootle, L30 6YW
  • Georgesons Cars Anfield, Breck Road, L4 2RA
  • Aintree Garages, Wakefield Road, L30 6TZ

Please note that you can apply for car finance in Liverpool 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 Liverpool 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 Liverpool car finance

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

  • Motor Outlet Limited (trading as Motor Range), Bootle, L30 6YW
  • Georgesons Cars Anfield, Breck Road, L4 2RA
  • Aintree Garages, Wakefield Road, L30 6TZ

Please note that you can apply for car finance in Liverpool 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 Liverpool 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

Car finance explained

Our guide explains how car finance works and the different types of car finance available, so you can make an informed decision.

Car finance on benefits

A common misconception is that, just because you’re on benefits, you can’t get the car on finance you need. Find out more in our guide.