Pay Monthly Car Finance
Car Finance With a Monthly Payment Plan
- Competitive PCP & Hire Purchase quotes from an extensive panel of lenders
- Get the best available rates on cars from £15,000 – £250,000
- Use a Trustpilot 5-Star rated team with expert knowledge
- Rates from 8.9% APR
- Representative APR 9.9%*
What people have to say about us
Easy peasy lemon squeezy
Jordan
North Shields, United Kingdom
User friendly website and always competitive prices.
John
Hull, United Kingdom
4.75/5 from 3370 customer reviews
Pay Monthly Car Finance Plans
Compare the cheapest pay monthly car finance plans from across the UK
Looking to buy a car on finance? Buying a car on finance can be a great way to get the car of your dreams without having to save up as much in advance. Plus, monthly payments can be a nice manageable amount going out — so it’s no wonder that people choose car finance pay-monthly options. However, it’s hard to find great car finance deals when car dealers all seem to have different costs, fees, and interest rates. Our quick and simple car finance comparison tool can help you find the best car financing deal for your needs, get you on the road sooner, and give you the chance to save money.
Can I get car finance with no deposit?
Some car dealers and banks will offer finance plans with no deposit. This means that the whole cost of the car will be paid off in your monthly instalments. This means that you do not have to pay anything upfront, but it will usually mean that you have higher monthly payments to make.
Can you pay for a car in instalments?
Yes, there are plenty of options to pay for a car in instalments. Typically, this means paying an initial deposit towards the car, though some lenders offer 0% deposit car loans. Then you will be required to pay a monthly payment until the car is paid off or until the end of your contract term.
What is the best monthly payment for a car?
If you are unsure how much you can afford on your monthly car payments, you should speak to a financial advisor. General guidelines suggest that you aim to spend no more than 10 to 15% of your monthly take-home pay on car financing. You can use our handy quote comparison tool to find a great car financing deal for you, and keep your monthly costs low.
Is it better to finance a car through a bank or a dealership?
Banks and dealerships often offer similar car pay monthly finance deals. However, going straight to a dealership can lead to higher interest rates as they assume that people will not want to contact banks to look at other options. This is why comparing quotes is so important when shopping for car financing — plus you can find finance offers fast.
What does your credit score need to be to buy a car on finance?
There is no set credit score that you need to get car financing. Different banks or dealerships will have different credit score requirements, or they will want to see proof that your monthly income is higher enough to cover your existing or ongoing debts, as well as the car payments that you intend to take on. However, having a higher credit score could make you eligible for lower interest rates from some lenders.
Zuto is a credit broker, not a lender. Our rates start from 10.7% APR. The rate you are offered will depend on your individual circumstances. Representative Example: Borrowing £8,000 over 60 months with a representative APR of 19.9%, the amount payable would be £204 a month, with a total cost of credit of £4,264 and a total amount payable of £12,264.
Representative Example
Borrowing £8,000 over 60 months with a representative APR of 19.9% the amount payable would be £204 a month, with a total cost of credit of £4,264 and a total amount payable of £12,264.
Zuto is a credit broker, not a lender. Our rates start from 10.7% APR. The rate you are offered will depend on your individual circumstances.