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.
See what other people say about their Carmoola experience
Testimonials
New car owners are loving how easy it is to get car financing and driving off in their new wheels
Dixie Muza
11 October, 2024
I rarely put a 5 star but in this instance I was overwhelmed with the services offered. All this happened on the App with human intervention coming in as support. An exciting experience only seen in movies. Well Done Carmoola Team
Claude Schuck
11 October, 2024
Stumbled across this app and what a revelation . It is brilliant! I cannot tell you how easy simple it is to use. I am so impressed with the level of service and attention to detail and speed at which this company operates. Thanks especially to Olivia, great customer and buying experience, amazing find!
Matthew Jackson
11 October, 2024
An absolutely incredible experience from minute one. The app is so easy to use and probably the best part about it all is the customer service. Checking in with me to see if everything was OK with the process and available on the phone whenever I had a question.
Thoroughly recommended to any one.
11 October, 2024
Great service fast efficient and so easy great interest rate as well hassle free..
Jack Watts
11 October, 2024
Buying our new car was so easy! everything was done through the app , the support team are very responsive and it was so straight forward.
And best of all you don't end up wasting hours at a dealership!
Lisa
11 October, 2024
Chris Crowe
11 October, 2024
Easy to use and quick see decision and when I needed to speak to customer services they were very helpful and easy to deal with. Would definitely recommend to anyone looking to buy a car.
Jayme Hudspith
11 October, 2024
Kate Licence
11 October, 2024
Ali
11 October, 2024
The website and app is very simple to use, everything is verified very quickly.
It is very convenient, as you can get the funds straight away on a debit card, that they issue.
Pay for your car with a plan that suits you.
Representative 13.9% APR
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
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