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Used car finance in Leicester
Join drivers in Leicester who've already checked their car finance budget with Carmoola. Get approved for car finance in just 60 seconds with no impact on your credit score to apply.
Borrowing amount
Your monthly payments would be
- 🗓️ 48 month contract,
- 💰 £0 deposit,
- ✅ and an excellent credit score
For illustration purposes only. The rate and budget you may be offered will be based on your individual circumstances. This is not an offer or a quote for finance. Rates from as low as 6.9% APR, Representative 13.9% APR.
14648
drivers in Leicester got their car finance budget
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155+
car dealers in Leicester
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fastest growing car finance app
Easy car finance in Leicester
No sales calls or lengthy paperwork. You only need our app, and a full driving licence.
Find your next car in Leicester
Your local car search just got smarter. Browse thousands of cars from dealerships and see what fits your budget.
Find my dream carAm I eligible for car finance in Leicester?
To apply for car finance in Leicester, you’ll need to be over 18, a UK resident for 3+ years, hold a UK driving licence, and be able to show proof of income if needed.
Best used car dealers in Leicester
You can finance your next car with Carmoola at over 155 dealerships across Leicestershire. From Loughborough to Hinckley and beyond, you’ll find some of the best used car dealers in the region. And with more than 10727 dealerships accepting Carmoola across the UK, you’re covered wherever the road takes you.
Top 5 car dealerships in Leicester offering finance with Carmoola
Here are five top-rated used car dealerships in Leicester, each known for great service and trusted cars:
Top 5 car dealerships in Leicester offering finance with Carmoola
Here are five top-rated used car dealerships in Leicester, each known for great service and trusted cars:
V12 Sports and Classics Hinckley
Unit 23 Harrowbrook, Hinckley, LE10 3DJ
Parkland Motors
The Parklands, Loughborough Road, Loughborough, Leicestershire, LE12 6XF
FG Cars Loughborough
Fg Cars, Loughborough, Leicestershire, LE11 1DY
Sandicliffe Ford Loughborough
155-185 Derby Road, Loughborough, LE11 5HN
AG Cars Loughborough
18 Fennel Street, Loughborough, Leicestershire, LE11 1UQ
Browse our full list of dealerships in Leicester
Browse dealershipsCarmoola is not directly affiliated with any of these companies
Real drivers. Real stories
From city commutes to countryside drives, see how real drivers
financed their cars with Carmoola. Their words, their journeys, their keys in hand.
Car finance examples in Leicester
Wondering how much car finance in Leicester might cost you? We’ve crunched the numbers on a BMW 1 Series (one of the most popular used cars in Leicester!) to show you real APR examples. From HP finance to PCP and even refinancing, here’s how it could look with Carmoola.
Borrowing £10,000 over 54 months with a representative APR of 13.9%, an annual interest rate of 13.9% (Fixed) and a deposit of £0, the amount payable would be £246 per month, with a total cost of credit of £3,284 and a total amount payable of £13,285, including a one-off Option to Purchase fee of £1.
Borrowing £10,000 over 48 months with a representative APR of 13.9%, an annual interest rate of 13.9% (Fixed) and a deposit of £0, the amount payable would be £208 for 47 months, followed by an optional final payment of £4,001. The total cost of credit would be £3,776, and the total amount payable would be £13,777, including a one-off Option to Purchase fee of £1.
Borrowing £10,000 over 54 months with a representative APR of 13.9%, an annual interest rate of 13.9% (Fixed) and a deposit of £0, the amount payable would be £246 per month, with a total cost of credit of £3,284 and a total amount payable of £13,285, including a one-off Option to Purchase fee of £1.
Car finance in Leicester FAQs
Check below for the answers to some of our most frequently asked questions about car finance in Leicester. Got more questions? Head over to our FAQs page 👍
Can I get car finance in Leicester with no credit check?
No, every car finance application in the UK requires a credit check. You might see ads for no credit check car finance online, but here’s the deal: all regulated lenders must carry out at least a soft credit check to assess your eligibility. It won’t affect your score, but it helps make sure any offer is fair and affordable. However, we'll run a full credit check, or 'hard credit search' if you choose to sign your Carmoola agreement, which may impact your credit profile.
Can I get bad credit car finance in Leicester?
Yes, you might still be eligible for car finance in Leicester even with bad credit (low credit score). The amount you can borrow with a poor credit score varies by lender. It might be less than if you had good credit, and the interest rates may be higher. Providing a larger deposit or having a guarantor could increase the amount you're eligible to borrow.
As a lender, Carmoola will look at your full financial picture. If we can’t help right now, we may be able to refer you to one of our trusted partners who might be able to. In those cases where we can’t offer finance ourselves, Carmoola will act as a credit broker.
What do I need to apply for car finance in Leicester?
Applying for car finance in Leicester is quick and fully online with Carmoola. You’ll just need to answer a few simple questions in our app. We’ll run a soft credit check to confirm your eligibility, but it won’t affect your credit score.
Here’s what we’ll need from you:
- Your full name and date of birth
- Your address in Leicester and how long you’ve lived there
- Your employment status and income before tax
- How much do you want to borrow
To finish your application, you’ll also need to upload:
- Proof of ID – like a UK driving licence
- Proof of income – like bank statements
We offer UK-wide car finance. So, whether you’re based in Leicestershire, Loughborough or Hinckley, you can apply anytime, anywhere. To get started, get a budget!
Can you get no-deposit car finance in Leicester?
Yes, you can get used car finance with no deposit in Leicester, especially with HP car finance (Hire Purchase). For PCP car finance (Personal Contract Purchase), a 10% deposit is more common to reduce monthly repayments. Higher-value cars may be harder to finance with £0 upfront, but there are plenty of affordable options out there. Approval depends on the car’s make, model and price, and your eligibility.
Can I get a car loan if I'm unemployed?
Possibly, being unemployed doesn’t automatically mean you won’t qualify for car finance. However, lenders like Carmoola will need to see proof of income, such as benefits or self-employment earnings.
Why our
customers keep coming back 👋
Easy to join. Thanks Carmoola, my dream has come true.
HoJing Toyota GT86
Amazing efficiency and a professional way of financing. The paperless system is the top notch.
Biliat Range Rover Evoque
Carmoola is just the best, everything happened in minutes and their staff are simply the best. They made my experience perfect.
Kudzanai DS 3
Outstanding help and support
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