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
Dave
15 October, 2024
Excellent service. love how the app was easy and efficient to use. good rates, fast payout, plus they are there to help if needed. would recommend to anyone wanting a loan. just could not fault it. cheers Carmoola
Ibukunoluwa Aina
15 October, 2024
Got my car without hassle. Thank you as I am ready to refer all my friends.
Ross Aitken
15 October, 2024
Amazing experience, fast, efficient and just an easy way to do car finance. From now on this is the only finance company I will use for any cars I am buying
Paula Scott
15 October, 2024
Graham
15 October, 2024
App is easy to use and if you are ever stuck they are only a message away. Thanks very much indeed
Gilly Little
15 October, 2024
From the very start of my car loan journey to the conclusion I have found Carmoola to be responsive, articulate, professional, friendly and effective. In fact, everything I needed them to be, considering such a lot of money was involved. Only one small issue, relating to the App not updating when trying to pay in full, which gave cause for concern, but even then the team were quick to remedy it. I will happily loan with you again in the future. Thank you!
Kavish Chauhan
15 October, 2024
Simple steps and you have a door at your. Thank you so much for your help I got my first car with Carmoola.
Joanne Leggett
15 October, 2024
Set it up - added the car and documents and the money was on the card in seconds. Car was purchased in minutes. Cannot believe how easy this was. Amazing company and would use again in an instant. Also the app is easy and straightforward and can manage everything on it.
Beth Julian
15 October, 2024
In all honesty, with how easy and quick it was I did think it was a scam. However I am now sitting in my dream car less than 24 hours after acceptance.
Thank you so much.
Ajay Gosh
15 October, 2024
Only few steps I got finance , it’s wonderful I like it , very fast and proper dealings.
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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