Representative Example: You could borrow £10,699 over 60 months with an initial payment of £495.89 (including £199 Admin Fee) followed by 58 monthly payments of £296.89 with a final payment of £495.89 (including optional £199 Option to Purchase Fee). Total amount repayable will be £19,012,40. 26.1% APR, annual interest rate (fixed) 13.3%.
If you're financing a car for the first time or have been declined car finance with another company, AutoMoney Motor Finance may still be able to help. We specialise in HP car finance, offering fixed, affordable monthly payments, even if you have a low credit score.
Getting car finance with AutoMoney is quick and simple. You can start by filling out our easy online car finance application, it only takes a few minutes. Most people get a decision within minutes, and if approved, you could be driving your new car the very same day.
We offer zero deposit car finance, flexible repayment terms, and competitive used car finance rates across a wide range of makes and models. Whether you're financing a car for the first time, applying as a new driver, or looking to buy a second-hand car on finance, we’re here to help.
Our friendly team will guide you through every step of the process, from checking affordability to choosing a finance option that works for you. We’ll explain the details of your car finance agreement, including your monthly payments, interest rate, and agreement term, before signing.
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Complete our car finance application form and get a decision in minutes.
If approved, we’ll explain the HP agreement, payments, and interest.
AutoMoney works with a large network of trusted dealerships nationwide.
We’ll ensure you understand everything before signing your car finance agreement.
Once everything is fully approved, you could drive your new car, the same day.
Flexible finance to suit your budget.
We offer zero deposit options.
We help you get the car you want.
We help new drivers get on the road.
We support our customers throughout the process.
You could be in your new car the same day you apply.
Thinking about applying for a hire purchase agreement with AutoMoney? Here are a few important things to consider before getting started:
Ownership only transfers once you’ve made all the payments, including the final 'option to purchase' fee at the end of your agreement.
When financing a used car, it’s important to remember that the vehicle may lose value over time. Some cars depreciate faster than others, so keep this in mind when choosing your next car.
We can refinance your balloon payment so you keep the car you love. Even if you have been declined elsewhere, AutoMoney may be able to hep. Check your eligibility now.
Before signing your documents, make sure you fully understand the terms and conditions of your car finance agreement. It’s important to check that the monthly payments will be affordable for the duration of the finance term.
If you are introduced to us through a car finance broker or dealership, we will pay them a commission for referring you to us. Don’t worry, we’ll always tell you when a commission is being paid, how much it is, and how it’s calculated. This will be clearly shown in your documents and explained verbally by our team.
The commission is completely separate from your car finance agreement and will not affect the total amount you pay. Any commission we pay is set at a fixed rate and is not influenced by the dealer or broker who introduced you to us.
One of our team members will walk you through this and ask for your consent before your agreement in finalised.
Pick the car you want and we’ll help you finance it.
Choosing your next car doesn’t have to be difficult. Our detailed car pages are here to help you find the right one for you.
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Yes, it’s possible. Even if you’ve been declined elsewhere, some lenders look at your full financial situation, not just your credit score. We may be able to help you find a finance option that works for you.
With a Hire Purchase agreement, you make monthly payments and own the car at the end. PCP (Personal Contract Purchase) typically offers lower monthly payments, but you’ll have a larger final (balloon) payment if you want to keep the car. Otherwise, you can return it or upgrade to a new one.
Yes, your HP car finance agreement is subject to the following fees:
We may also charge fees if you break the rules of your agreement with us. For example, if a payment you owe does not get to us, or if we have to issue you with a default notice.
Full details of all of our charges can be found on your hire purchase agreement. Any charges we apply will be proportionate to the actual cost to us.
Longer terms, like 5–7 years, can lower your monthly payments but may increase the total amount of interest paid. Shorter terms mean higher monthly payments but reduce the length of your agreement and the overall interest you’ll pay.
