Get My Budget

All articles related to Car Finance

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

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...

Is car refinancing right for you? Benefits and risks to consider

Refinancing your car can give you benefits like lowering your monthly payments or reducing interest costs, depending on your...

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 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...

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...

All Car Finance articles

What happens if my car is written off and it’s still on finance?

Accidents happen. When split-second decisions and challenging conditions make driving difficult at the best of times, even the...

Which credit reference agencies do lenders use?

When applying for car finance, your credit score can make a significant difference to the APR you’re offered, your repayment...

What is negative equity car finance?

Anything with the word ‘negative’ in its name is understandably likely to ring alarm bells, but if you’re one of the many people...

How long does information stay on your credit report?

What does your credit report say about you? This ever-evolving bank of information gives lenders a unique insight into how you...

What does ‘approved in principle’ mean?

There’s nothing quite like getting that notification and seeing the word ‘approved’ after submitting a car finance application. ...

Can I buy a car on a credit card?

From the weekly shop to a splurgey holiday abroad, you can buy almost anything with a credit card, but what about a car? The...

How to improve your credit score

If you’re looking to boost your credit score, we can help! We’ll show you ways to improve your credit profile, and timelines for...

The Used Car Finance Market Is Changing Rapidly

In a financial landscape where regulatory scrutiny is heightened and consumer trust is waning, the direct-to-consumer proposition...

More articles

Looking for something else?

Our dedicated writers have created almost 1,000 articles with helpful car buying tips, to put you in the driving seat

Dream it Drive it
Get My Budget

Takes 60 seconds, no impact on your credit profile 👍

Website-Generic-QR-code
Scan to get the Carmoola app 👆 Rates from as low as 6.9% APR, Representative 13.9% APR