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    Low rate car finance

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Hire Purchase is a type of car finance agreement and it’s the one that we really specialise in. It’s one of the most straight-forward car finance agreements but we’ll explain to you in more detail how it works below.

What is Hire Purchase?

Hire Purchase is one of the ways in which you can buy a car on finance. You may have heard that Hire Purchase usually requires you to put down a deposit; however, you will be pleased to hear that we can arrange no deposit car finance on a lot of our car finance packages, giving you the choice. You then enter into an agreement to repay the cost of your car finance over a fixed term, usually in monthly installments.

Whilst you’re repaying the finance you don’t technically own the car but as soon as you’ve made your final payment, ownership of the car transfers over to you. It’s as easy as that! Hire purchase deals can also be sued to finance a range of vehicles such as van finance!

Advantages of Hire Purchase

✔Low deposit – usually no more than 10% of the car price, but we can often provide no deposit at all!

✔You get to own the car once you’ve made all of the repayments

✔Fixed interest rates so you know exactly what you’re paying for the duration of your car loan

Hire Purchase Calculator

If you’re thinking of taking out a Hire Purchase agreement to finance a new or used car, you can calculate your payments using our free online car finance calculator.

We’re really proud of our car finance calculator – it’s pretty nifty if we do say so ourselves. It gives you the option of finding out your credit score if you’re not sure what it is by performing a soft search application, (which means it won’t harm your credit report!). You can enter your monthly budget to find out how much you can lend, so it’s never been easier to find a car that you can afford!

Calculate Your Loan

Monthly Budget


Duration Of Loan


My Credit IS:

A loan of


Representive example:

Cash price: £0.00, Deposit: £0.00, Amount of credit: £0.00, Rate of interest: 7.4% per annum, Amount of interest: £7.4, Lender Documentation fee: £0.00, Lenders option to purchase fee: £0.00, Total charge for credit: £7.4, First repayment: £0.00, Followed by 58 Monthly repayments of: £0.00, Final repayment: £0.00, Total amount payable: £0.00, Representative APR: 0.0%

Rates may differ as they are dependent on individual cirumstances. Subject to status.

cars in a line

Hire Purchase Cars

Hire Purchase is actually available on a huge range of items, as well as many different types of vehicles including motorbikes and vans. At UK Car Finance, we specialise in hire purchase for cars.

A Hire Purchase Car Finance agreement does not limit you are the car you want. So, if you would like an Audi, BMW, Vauxhall etc. go for it, brand makes no difference!

Popular Cars on Hire Purchase Finance


BMW Hire Purchase

BMW is a German car brand that have a huge, diverse range of models to choose from. They’re excellent to drive thanks to their precise steering, offering one of the most pleasurable and fun driving experiences.

We can arrange hire purchase car finance for you on some of the most sought-after BMW models. Whether you’re after a sporty convertible such as the BMW Z4 or a family-friendly 3 Series BMW, we’ll do our best to find you the perfect Hire Purchase deal.

Mercedes Hire Purchase

Mercedes Benz are a huge brand that are associated with the invention of the first ever motor car! They are loved for their innovative technology and advanced safety features that puts them well ahead of their rivals.

They produce a number of luxurious Estate and Saloon cars that are usually equipped with ground-breaking technology and gorgeous looking interiors.

If you opt for a Mercedes Benz car then we’re sure that you’ll be over the moon with it. To find a Hire Purchase deal on a Mercedes Benz then you’ve come to the right page. Pop your details into our application form and we’ll give you a call back to chat about what exactly you want and explain what the next steps are.

Audi Hire Purchase

Audi is a prestigious car brand and is often associated with luxury and quality. They are one of the most popular car brands here in the UK, loved in particular for their interiors that look sleek and smart.

If you’re on the hunt for a large SUV that’s suitable for your family there’s the Audi Q5 or the Audi Q7. Are you more of a thrill-seeker? Audi have a range of excellent cars such as the Audi TT and the Audi RS that will quench the thirst of the most horsepower hungry people.

What we’re trying to say is, Audi have something available for everyone. And the best part is they are all available to buy on Hire Purchase. Apply today to find out more about our Audi Hire Purchase deals.

Ford Hire Purchase

Ford is one of the most popular car brands on UK roads with the Ford Fiesta and the Ford Focus topping best-seller charts for several years.

They’re family friendly, affordable and reliable, so it’s easy to see why they’re so loved. If you’re looking for a Ford on finance then we can assist you with finding a suitable Hire Purchase deal.

Use our super quick application form to send your details over to our Customer Contact Team who will be in touch with you as soon as possible. They’ll check your details are correct and find out what kind of Ford car you want with your Hire Purchase car finance.

Hire Purchase Deals

Finding a good car finance deal can seem impossible, but our innovative car finance calculator will help you find the perfect car within your price range.

If you’ve already found a car that you love then we’ll work our hardest to find you the best hire purchase deal so you can walk with confidence into the showroom and drive away your dream car.

Am I eligible to apply for Hire Purchase car finance?

The good news is that we approve over 98.4% of people who apply for car finance with us. In order for us to take a look at your application, you do need to meet a couple of requirements which we’ll talk about in a bit more detail below.

  • Age – In order to apply for car finance, you must be over the age of 18.
  • Location – You need to have lived in the UK for at least 3 years to apply for car finance with us.
  • Driving Licence – When you apply for car finance with us you need to have a full UK driving licence.
  • Bankruptcy – If you are currently bankrupt you won’t be able to get you car finance
  • Affordability – You need to be able to prove to the car finance lenders you can afford car finance. If you get cash in hand make sure you bank it for 3 months prior to applying for finance.

If you answer yes to the above you can go ahead and fill out an application form and a member of our team will be in touch!

How do I get Hire Purchase Car Finance with UK Car Finance?

Applying for Hire Purchase car finance with UK Car Finance couldn’t be easier! Simply fill out an application form on our site which will send your details over to us. From there your personal car finance expert will give you a quick call at a time that’s suitable for you to check the details you’ve provided are correct.

Once we’ve spoken to you we’ll send your application off to our lenders and find you the best approval.

Do you still have a question on Hire Purchase car finance? Shoot us a quick email and we’ll get back to you with the answer ASAP.