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Discover everything you need to know about car finance in our dedicated articles. Tips on buying a new car, exploring different loan options, or seeking advice on refinancing, we've got you covered with our expert guides. Check out interest rates, loan terms, credit considerations, and more!

Car Finance

Most popular Car Finance articles

Can you get car finance without a driving licence?

Yes, lenders like Carmoola offer car finance without a driving licence. Carmoola accepts applications from customers with a UK...

What does the total amount payable mean in car finance?

Total amount payable is the full amount you’ll pay for a car finance deal, including the amount you borrow, interest, and any...

Getting car finance with a CCJ: what you need to know

You might still be able to get car finance with a CCJ (County Court Judgment), but you’re likely to face stricter checks and...

Car finance for new UK residents: a guide for expats & visa holders

If you’re new to the UK, or if you’ve moved back after being away for a while, you may be able to get car finance in the UK with...

Can I finance a car for someone else to drive?

You can take out car finance for someone else to drive if it’s under the right agreement terms and it reflects who will actually...

How to pay off car finance early for PCP or HP car finance

You can pay off your car finance early on a PCP or HP agreement by settling the finance balance or returning the car through...

All Car Finance articles

What are the top 5 used car websites in the UK?

Thanks to the internet, searching for a used car in the UK is easier than ever before. You can simply head online, visit a used...

Hire purchase or leasing? Key differences and what to choose

When you’re choosing between hire purchase and leasing, the key difference is whether you want to own the car or if you prefer...

Dealerships still dominate - but must adapt to shifting buyer expectations, report shows

New research* from Carmoola, the direct-to-consumer car finance lender, reveals a major shift in how UK consumers buy and finance...

PCP vs HP car finance: what's the difference and which is better?

When you're choosing between a PCP or HP car finance, the decision often depends on whether you prefer lower monthly payments or...

How to refinance your PCP balloon payment

Choosing to refinance a balloon payment on your PCP finance agreement replaces that intimidating lump sum with monthly payments....

What to do if your car on finance is broken beyond repair

Your car’s dead, the repair bill’s sky-high, or insurance has called it a write-off. But the finance payments? Still ticking...

What is GMFV in PCP car finance? Guaranteed Minimum Future Value explained

GMFV, or Guaranteed Minimum Future Value, is the amount your lender estimates your car will be worth at the end of your PCP...

Does financing a car build your credit?

Financing a car can build credit when you make payments on time, but it can damage your score if you miss payments or take on...

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