Considering getting a new car on hire purchase, and wondering where you stand with the VAT? The UK tax system is not known for being straightforward,...
Hire Purchase – or HP – is a type of car finance that lets you spread the cost of a car over an agreed length of time, after which you'll own the car outright.
Personal Contract Purchase - or PCP - is a flexible finance agreement that allows you to hand the car back, own it outright or trade it in for another at the end.
Refinance is the process of taking out a new finance agreement so you can pay off your current loan and switch to a new lender.
Our calculator will estimate how much interest you'll be paying and how much your payments might be each month.
Use our early settlement calculator to estimate the outstanding amount on your current HP or PCP agreement.
See if you’re eligible for a car loan - it's fast, free and has no impact on your credit score.
25 articles written
Rachel has been writing her whole career, and she’s spent almost a decade in personal finance. With a background in copywriting and content management, she has a knack for breaking down complicated money stuff and making it make sense. Rachel has been helping people make their money go that extra mile for years, and when it comes to car finance, she’s a firm believer in the power of clear, straightforward content to put you in the driving seat.
Considering getting a new car on hire purchase, and wondering where you stand with the VAT? The UK tax system is not known for being straightforward,...
Car finance can be a great way to hit the open road in a new set of wheels without having to stump up the full price of the car upfront. But it can...
We know car finance is awesome, because it’s a flexible and affordable way of getting to drive the car you want. That’s why we’re so keen on making...
None of us want to think about the possibility of being involved in a car accident, but unfortunately, no matter how carefully you look after your...
That moment when you’ve found the car of your dreams is a pretty special one. You can picture the trips you’ll take, the adventures you’ll have with...
Buying a car is kind of a big deal. After a house, it’s one of the most expensive things most of us will ever buy (unless you’re one of the lucky...
When it comes to buying your next set of wheels, you might already have an idea of how much you can afford to spend. But buying the car is just the...
Our cars are typically the most costly financial commitment, most people have after paying our rent or making mortgage repayments each month. That’s...
Got a current account? Then there’s a chance you might have the option of adding an overdraft to it. An overdraft is a pot of extra money, which you...
Leasing a car can be an affordable way to drive the car you want, especially if you’re a sucker for a brand new model kitted out with the latest...
Considering getting a new car on hire purchase, and wondering where you stand with the VAT? The UK tax system is not known for being straightforward,...
Car finance is just awesome, isn’t it? And yes, we may be ever so slightly biassed in saying that, but seriously - it’s a flexible, affordable way to...
We know car finance is awesome, because it’s a flexible and affordable way of getting to drive the car you want. That’s why we’re so keen on making...
Life can be expensive, and with the cost of literally everything going up, it might feel like your budget is getting squeezed tighter and tighter....
Carmoola is a trading name of Carmoola Limited which is registered in England & Wales, under Registered No. 12992987. Its Registered Office is First Floor, 1 Whittlebury Mews West, Primrose Hill, London, NW1 8HS. Carmoola Limited is authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 958057), and a member of CIFAS (the UK’s leading fraud prevention service).
Registered with the Information Commissioner’s Office in compliance with the Data Protection Regulations 2018 under registration ZA905089.
Finance is subject to status and is only available to UK residents aged 18 and over. Carmoola is committed to responsible lending.
To get in touch, email us at support@carmoola.co.uk
If you are struggling with, or worried about debt, MoneyHelper provide free support.
Copyright © Carmoola All Rights Reserved