Car Finance
From as little as £100 per
month
- Zero-deposit options available
- 1000’s of cars to choose from
- 60 seconds to get a decision
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CAR FINANCE
Try our loans calculator
to see your monthly payments
Please note this calculator is a guide only. The actual rate offered will be based on your individual circumstances.
Rates start from 9.9% APR
Representative Example: Borrowing £8,800 over 5 years with a representative APR of 22.9% an annual interest rate of 22.9% (fixed) and a deposit of £0.00, the amount payable would be £237.07 per month, with a total cost of credit of £5,424.20 and a total amount payable of £14,224. 20.
Get your car in 3 simple steps
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Checking your eligibility won't affect your credit score.
Choose your car
Pick from 1000’s of options from our approved dealers.
Drive away in your new wheels
Get your car in days.
Types of used car finance
Hire Purchase (HP)
Pay monthly and own the car once it’s fully paid off. Best if you want to keep the car long-term.
Personal Contract Purchase (PCP)
Lower monthly payments, with the choice to keep, return or upgrade at the end. Good if you like changing cars every few years.
Personal loan
Borrow from a lender to buy the car outright. Own it from day one and sell or change it whenever you like.
| HP | PCP | Loan | |
|---|---|---|---|
| Initial Deposit | Optional | Optional | No |
| Pay monthly | Yes | Yes | Yes |
| Final payment to own car | Nominal | Optional | No |
| Car used as security | Yes | Yes | No |
| Mileage limits | No | Yes | No |
Checking won't impact your credit score.
For all things car finance
We work with Luv Car Loans, expert car finance brokers with over 12 years of experience.
They work with dozens of top lenders to find the deal that’s right for you.
Got Questions?
When you apply for any type of credit, a hard search will be carried out on your credit file. It’s best not to make multiple applications in a short space of time, as this can damage your credit score.
Although applying for car finance may cause a temporary dip in your credit score, it should recover quickly if you always make your repayments on time.
The lender may also ask for documents and information such as:
- proof of your identity (e.g., your driving licence)
- proof of your income
- your address history
Good news, there’s no set credit score you need to get car finance.
We take all credit histories into account, and we’ll search for the most suitable option you’re eligible for from a wide panel of lenders.
Yes, it is possible to get car finance with a thin or poor credit history. Whether you have a good or less-than-perfect credit score, we can look at options that best suit you. We may even be able to help if you’ve been declined for credit or finance in the past.
Yes, there is the option to trade in your car and use it as a deposit for a new one through Ocean. This can help to reduce the amount you need to borrow. Though, you need to make sure that any outstanding finance is cleared on your current car first. Simply click ‘Get a quote’ to get started!
Mileage allowance is the maximum number of miles you can cover in your car over a year, as per your car finance agreement. If you go over the limit, charges will apply. Mileage allowances apply to PCP agreements, not HP finance or personal loans.
Last updated
Reviewed by: Matt Waller
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Ocean and Luv Car Loans are both part of Intelligent Lending Group.