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How it works

As the UK’s leading lender of specialist car, van and motorbike finance, we’ve been supporting thousands of people with vehicle finance for many years. We could help even if you’ve been refused finance elsewhere, because of bad credit, whether its because of an IVA or CCJ.

How our vehicle finance works

To apply for vehicle finance, we always recommend trying out our calculators to begin with. They will give you a clear idea of what your vehicle finance could look like, including what your APR could be. This is all depending on your credit score, the repayment term, and the amount you are looking to borrow.

How our vehicle finance works

We offer a Conditional Sale agreement. If you’re unsure what that means, we’ve written a guide that explains the different types of car finance.

To get started with an application, you’ll need:

Monthly earnings over £1,000 (after tax)
Valid UK driving licence
To be aged between 21 and 70
2 consecutive months of payslips or bank statements

We offer a Conditional Sale agreement. If you’re unsure what that means, we’ve written a guide that explains the different types of car finance.

To get started with an application, you’ll need:

Monthly earnings over £1,000 (after tax)
Valid UK driving licence
To be aged between 21 and 70
2 consecutive months of payslips or bank statements

Our application process

If your application is approved, we’ll help guide you through the process of getting a new vehicle. You can find out more about our application process below:

1. Find the right vehicle for you. You could use our vehicle finder tool to help you do this

2. Provide us with proof of identity

3. We will carry out affordability checks

4. You will then test drive your new vehicle

5. Your contract will be approved

6. We pay the dealer

7. You collect your new vehicle!

You’ll need to make sure your vehicle meets our lending criteria. Don’t worry, if you’re unsure, we can help you through this process.

Our application process

If your application is approved, we’ll help guide you through the process of getting a new vehicle. You can find out more about our application process below:

1. Find the right vehicle for you. You could use our vehicle finder tool to help you do this

2. Provide us with proof of identity

3. We will carry out affordability checks

4. You will then test drive your new vehicle

5. Your contract will be approved

6. We pay the dealer

7. You collect your new vehicle!

You’ll need to make sure your vehicle meets our lending criteria. Don’t worry, if you’re unsure, we can help you through this process.

Frequently asked questions

Taking out a vehicle finance agreement is a big commitment and can seem complex. It’s important to understand exactly how it works, to help you decide if it’s the right choice for you. Here are the answers to the questions that our team gets asked most regularly:

Frequently asked questions

Am I eligible?

Everyone’s eligibility for vehicle finance is different. We specialise in helping customers to get finance even if they do not have a perfect credit history.

Common FAQs:

What credit score is needed for car finance?

Can I get car finance on a debt management plan?

Can I get car finance after a Debt Relief Order?

How does it work?

It is important to completely understand the vehicle finance agreement that you might enter. Our application process is quick and easy to do online.

Common FAQs:

How long does car finance take?

Do I have to purchase my vehicle through you?

How long does car finance approval take?

How do I apply?

If you’re ready, you could get a quote today. Or, if you would rather apply on the phone, our team will be more than happy to guide you on our application process.

Common FAQs:

Can I get car finance on benefits?

Self-employed vehicle finance

Joint car finance application

Am I eligible?

Everyone’s eligibility for vehicle finance is different. We specialise in helping customers to get finance even if they do not have a perfect credit history.

Common FAQs:

What credit score is needed for car finance?

Can I get car finance on a debt management plan?

Can I get car finance after a Debt Relief Order?

How does it work?

It is important to completely understand the vehicle finance agreement that you might enter. Our application process is quick and easy to do online.

Common FAQs:

How long does car finance take?

Do I have to purchase my vehicle through you?

How long does car finance approval take?

How do I apply?

If you’re ready, you could get a quote today. Or, if you would rather apply on the phone, our team will be more than happy to guide you on our application process.

Common FAQs:

Can I get car finance on benefits?

Self-employed vehicle finance

Joint car finance application

What our customers say

We’ve helped thousands of people up and down the country with vehicle finance, and are proud that most of our customers rate us ‘Excellent’ on Trustpilot.

What our customers say

We’ve helped thousands of people up and down the country with vehicle finance, and are proud that most of our customers rate us ‘Excellent’ on Trustpilot.

We just needed that chance to get a new car, and Moneybarn were able to offer us that chance. We’ve never had any problems with Moneybarn, everything has been simple and easy. We would definitely use them again and are hoping to when this current agreement ends.

Adam

Car finance

We could help walk you through the entire car finance process. With our broad finance options, we could help find the right car for you. Find out more today.

Motorbike finance

Financing a motorbike works exactly the same way as financing a car. Even if you’re unsure which motorbike to pick, that’s fine! Apply today and we can help guide you through the process.

Van finance

Van finance gives you access to a van without having to pay a lump sum up front. If you’re looking for van finance, we could help even if you’ve been refused elsewhere.

For a better road ahead

Moneybarn is a member of the Finance and Leasing Association, the official trade organisation of the motor finance industry. The FLA promotes best practice in the motor finance industry for lending and leasing to consumers and businesses.

Moneybarn is the trading style of Moneybarn No. 1 Limited, a company registered in England and Wales with company number 04496573, and Moneybarn Limited, a company registered in England and Wales with company number 02766324. The registered address for these companies is: Athena House, Bedford Road, Petersfield, Hampshire, GU32 3LJ.

Moneybarn’s VAT registration number is 180 5559 52.

Moneybarn Limited is authorised and regulated by the Financial Conduct Authority (Financial Services reference No. 702781)

Moneybarn No. 1 Limited is authorised and regulated by the Financial Conduct Authority (Financial Services reference No. 702780)

Representative example: Total amount of credit £10,451. Repayable over 58 months, 57 monthly payments of £341.17. Representative 33.5% APR (fixed). Deposit of £929.41. Total charge for credit £8,995.69. Total amount payable £20,376.10. Subject to status and affordability. You could risk losing your vehicle if you do not keep up payments.