Vehicle finance explained
Understand how vehicle finance works and what your options are.
Spread the cost of your vehicle with affordable monthly payments
Buying a car, motorcycle or van is a big decision and a large purchase. With vehicle finance, instead of paying the full amount upfront, you pay a deposit and a series of fixed monthly payments. With several motor finance solutions to choose from, including adjustable deposits, agreement terms and final payments, we can, subject to assessment, find a solution to suit your budget.
How it works
We're partnered with over 5,300 motor dealers and brokers, to provide finance to over 100,000 customers every year. We work alongside our partners to make your vehicle finance application quick and easy.
Find a vehicle
Once you've found the vehicle you want to buy, start exploring your finance options with your dealer or broker.
Get approved
You could even get approval while you’re in the dealership.
Sign up and drive off
Just sign the documents and you’re off – with vehicle finance that works for you.
Pay off your finance at any time
Get an early settlement amount online and explore your next options.
Finance options to suit you
We have a range of finance products available to you, depending on your budget and your vehicle needs.
- Fixed monthly payments
- Early repayment options
- Own the vehicle at the end of the agreement
- Option to own the vehicle at the end of the agreement
- Option to exchange the vehicle at the end of the agreement
- Excess mileage charges
- Vehicle condition charges (fair wear and tear)
- Fixed monthly payments
- Early repayment options
- Option to own the vehicle at the end of the agreement
- Option to exchange the vehicle at the end of the agreement
- Excess mileage charges
- Vehicle condition charges (fair wear and tear)
Personal Contract Purchase (PCP)
If you want the option to change or upgrade your vehicle.
View product- Fixed monthly payments
- Early repayment options
- Option to own the vehicle at the end of the agreement
- Option to exchange the vehicle at the end of the agreement
- Excess mileage charges apply
- Vehicle condition charges apply (fair wear and tear)
When you’re ready for your next vehicle
- Come to us direct to see what we could offer you with our loyalty deals
- Get a new vehicle and pay off your existing finance at the same time
- We could even help you find your next vehicle
Return to Invoice GAP Insurance
If your vehicle is written off or stolen, Return to Invoice (RTI) GAP insurance covers the difference between your insurance company’s pay out and either the price you paid for the vehicle or the outstanding balance on your finance, whichever is higher. We’ve partnered with MotorEasy to make this cover available to our customers (subject to eligibility).
Information and advice when buying a vehicle
If you're considering taking out vehicle finance, we have a range of useful tools, information and advice to help you get on the road.
*Save up to £656 by coming to us direct, instead of through a credit broker. This is based on comparing the total amount repayable with a 10.9% APR direct rate with the average credit broker rate of 13.2% APR for customers with excellent credit. Your rate and savings will depend on your circumstances and aren't guaranteed. Representative example: Using a conditional sale product with a vehicle cash price of £11,700. Borrowing £10,500 over 60 months with a £1,200 deposit. Representative APR of 12.9% fixed rate. Monthly repayment: £234.50. Option to Purchase Fee: £10. Total cost of credit: £3,580. Total amount payable: £15,280.
Finance available to UK residents of 18 or over and is subject to status and credit assessment. Indemnities may be required. You will not own the vehicle until all payments are made. Terms and conditions apply. Finance provided by Close Brothers Motor Finance (Lender). Close Brothers Motor Finance is a trading style of Close Brothers Limited (‘CBL’), a subsidiary of Close Brothers Group plc. CBL is registered in England and Wales with company number 195626 and registered office 10 Crown Place, London, EC2A 4FT. CBL is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority. Firm reference number 124750.