Buy a New or Used Car on Finance

  • Take our 1-minute application
  • We find you the best possible deal 
  • We do the paperwork, you drive away!
Get a FREE quote - with no impact to your credit score!*
Applicants must be either employed or self-employed
Representative APR: 19.9% APR
We act as a credit broker, not a lender
Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.

*It is only if you choose to proceed with a vehicle then a hard search will be carried out.

Hassle-Free PCP & HP Car Finance

Buying a car is said to be the second biggest purchase in your life, so it’s important to do it right. While the process of car shopping can be an exciting experience, you also need to be sensible and realistic about what your current affordability situation is.

That’s where PCP & HP car finance comes into the picture.

If you’re on the lookout for a new vehicle but you’re not quite sure how to pay for it, then PCP or HP car finance is one option that might be right for you.

We’re a car finance company that offers a range of PCP and HP car finance deals throughout the UK. We’ve streamlined our finance service and work with some of the leading lenders in the UK to bring our customers some great deals on their vehicle finance.

Finding great deals on car finance couldn’t be easier at Happy Motor Finance. We’ve also streamlined our application process, meaning you can now sign up in under 60-seconds using our online application form. Once signed up, our automatic system will compare deals from our panel of lenders and let us know the best deal for your circumstances.

From there, should you application be successful, one of our car finance specialists will get in touch with you to discuss your application further.

Get in touch today and speak to one of our consultants to find out more.

 

What type of vehicle finance do you offer?

You can choose from either Hire Purchase (HP Car Finance) or Personal Contract Purchase (PCP).

Is it better to have a car on finance?

In some circumstances, it can be. Provided payments are kept up with, getting finance can improve your credit score. What’s more, you can start driving a new car much quicker than if you waited to save up the money.

What is the difference between HP & PCP finance?

In short, HP finance is a way to spread the cost of a vehicle over a set period. At the end of a HP finance agreement, you will own the car. PCP finance is an alternative way to spread the cost of purchasing a car; however, you will not own the car outright at the end of the agreement unless you choose to pay the outstanding balance that remains on the car.

What is better: HP car finance or PCP car finance?

There is no better way to finance a car, it really comes down to your personal affordability and choice. Do you want to own the car at the end of the agreement? If yes, then HP finance could be a good option. Do you want lower monthly payments? Then PCP might be a better option on a month-to-month basis.

I already have PCP finance on a car and I’m coming to the end of my payment term, but I don’t want to pay the full price of the car. What can I do?

You do have options if you don’t want to pay the full balloon payment. We are specialist in refinancing vehicles and can help you to avoid costly balloon payments. Speak to one of our team today to find out if we can help you.

More about our reliable car finance service

Our dedicated support team is here to answer your questions and help you troubleshoot any issues you may encounter.

The Discovery Call

If you are approved for finance, you will be assigned your very own finance expert who will contact you by phone to discuss your options.

This is a great opportunity for us to get to know you better.

Support

Some of the terms used in vehicle finance can be confusing but we’re here to help.

Your dedicated finance expert is always on hand to guide you through the entire process and answer questions.

Car Search Help

We don’t just provide finance; we can also help you to source the perfect vehicle at no cost to you whatsoever.

You can, of course, find a vehicle of your own, but we’re here to help. Speak to your assigned support agent to find out more.

Tailored Experience

Everybody’s finance situation is unique, and we pride ourselves on providing a personalised customer journey that adapts to everybody’s personal needs. You will always deal with real people who work hard to ensure that your finance experience is as smooth and as stress-free as possible.

No Waiting Around

We have streamlined our vehicle finance process, making is really easy to apply for finance. Our 60-second online application is the first step to finding finance. After that, it’s possible for you to be driving away a new vehicle in under 48-hours.

Features of HP Finance

Should you choose to purchase a vehicle using Hire Purchase (HP) finance, then knowing some of the terms that surround this type of finance will be helpful in order to fully understand the agreement that you take out between you and the lender.

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Car Ownership

Until you have paid the final ‘option to purchase’ fee (usually £100) at the end of the finance agreement, the car is actually owned by the lender.

Length of Agreement

The length of a HP finance agreement is usually between 1 and 5 years. The length of the agreement is totally up to you.

Credit Score Check

Everybody who purchases HP finance will have a credit score check run on their credit profile. The results of this credit check are used to approve or deny a finance application, as well as set the annual rate of APR.

Exiting the HP Agreement

Provided that you have reached half way through your finance agreement, you can choose to return the car to the lender and exit the HP finance agreement. T&Cs, apply.

The Deposit

You don’t always need a deposit with HP finance, and you can sometimes even part exchange your current vehicle instead of paying a deposit.

Lender vs Broker

We, Happy Motor Finance, act as a broker, which means that we introduce you to a suitable company (lender) that will lend you the money to purchase a vehicle under a HP or PCP finance Agreement.

Personal Contract Purchase (PCP)

With PCP finance, you don’t own the car unless you pay a final balloon payment at the end of the finance agreement.

Balloon Payment

The balloon payment at the end of a PCP agreement is often quite large. You have a choice if you want to pay the balloon payment in full, give the car to the lender, or – if the car’s worth more than the agreed balloon payment – trade it in and use the extra as a deposit for a new deal.

Annual Mileage

You must stay within your annual mileage. You will face some hefty fees if you exceed the agreed annual mileage at the end of the finance agreement.

Missed Payments

If you miss payments then you could lose the car. This is the same with HP finance also. Speak to your lender as soon as possible if this is the case.

Voluntary Termination

Provided you have paid up to 50% of the finance agreement, you are allowed, according to the Consumer Credit Act 1974, to terminate the contract.

Fees

Should you decide to terminate your PCP agreement early, fees, such as admin fees or excess mileage, will need to be settled before exiting.

Features of PCP Finance

Should you choose to purchase a vehicle using a Personal Contract Purchase (PCP) from us, then knowing some of the terms that surround this type of finance will be helpful in order to fully understand the agreement that you take out with the lender.

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PCP & HP Car Finance Specialists

Comparing quotes for cars has never been so easy. Complete our 1-minute application and find a great deal from our panel of trusted lenders.

Get a Quote Representative APR: 18.7% APR

“We act as a credit broker, not a lender”

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The smart choice

  • If you currently have vehicle on finance, we can help you get your Settlement Figure
  • £0 deposit options
  • No arrangement fees
  • No obligation quote
  • Most credit scores considered
  • Apply online 
  • Get a decision in minutes
  • The smart choice for reducing your payments and keeping the vehicle you love!
Personal Shopper Service
If you've not decided which car you want, you can get your finance approved first then we'll help you search for the perfect car
Receive a Call Back
One of our experts will call you back at a convenient time
Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.

*It is only if you choose to proceed with a vehicle then a hard search will be carried out.

Finance Calculator

Amount to Finance
Monthly Budget
-
£
+
-
£
+
24
36
48
60

Approximate Monthly Payments

Excellent Credit
108
Good Credit
127
Fair Credit
146
Poor Credit
193

Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.

*Our lenders operate using an initial "soft search" which does not impact your credit score however, if you wish to proceed with the finance offered, the lender may carry out a "hard search" prior to sending you the finance documentation to sign.

Approximate Amount You Could Borrow

Excellent Credit
10.00
Good Credit
10.00
Fair Credit
10.00
Poor Credit
10.00

Get Started
With no impact to your credit score*

Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.

*Our lenders operate using an initial "soft search" which does not impact your credit score however, if you wish to proceed with the finance offered, the lender may carry out a "hard search" prior to sending you the finance documentation to sign.

What Our Happy Customers Are Saying

Amazing experience from start to finish, the people there don’t push you into anything. The checks are really good, they not only check out the car but who you are buying it from. Thanks to Matthew and Leon for all their support in helping me choose the right car for me.
K Robinson
Trustpilot
They were extremely helpful and did everything they could to get me finance even with a bad credit rating. Couldn’t recommend these guys enough. Leon talked me through it every step of the way, the company are lucky to have you😊
J Baxter
Google Reviews
Very helpful team Leon walked me through the whole process and didn’t push. He also gave brilliant advise and set up warranty package that gave me peace of mind.
Karlrobo
Google Reviews
I've just picked up my new car, absolutely love it, Alan was amazing I told him everything I was looking for in a car and within minutes he found my dream car, Alan kept in contact with me through the whole experience, checking I was still happy with everything, I would highly recommend Happy motors finance and have already done so with friends. THANK YOU SO MUCH! 😊
A Taylor
Trustpilot
Cannot praise this company highly enough. Dealt with Alan, who pulled out all the stops and exceeded my expectations. Everything went so smoothly. Alan also made sure I was given all the details needed and communication was excellent. Keep up the good work guys.
C Cairns
Trustpilot
Song Bird
Song Bird
Could not recommend Happy Motor Finance enough. Kirsty has been so helpful throughout, searching for cars and contacting dealerships on my behalf. She has gone above and beyond and made what could have been a stressful experience a walk in the park. Would definitely use again. Highly recommend
Jordan Little
Jordan Little
Brilliant service sorted everything for me
Tricky Mooney
Tricky Mooney
First class, quick and easy and extremely helpful from start to finish 👍🏼
Lucy Holden
Lucy Holden
Brilliant service from star to finish super fast on the forms and got my dream car ❤️
Debbie King
Debbie King
Excellent company highly recommend. Always available to help, brilliant communication and always kept informed of how the process was going. Swift, helpful and kind. Can’t wait to collect my new car. Thank you.
Nicola Redgrave
Nicola Redgrave
Fab from start to finish! Thank you so much! Can't wait to pick my car up! ❤️
Matthew Moxham
Matthew Moxham
Absolutely 110%.. Extremely helpful very fast replies.. Absolutely could not do enough for me.... Customer service is exactly how it should be... Amazing experience from the start to finish Thankyou
A M
A M
Easy and very helpful in finding the right car for me
Some of our trusted partners
Oodle - Car Finance Loan Lender
Marsh Car Finance - Motor Finance Broker
Advantage Finance - Car Finance Broker Partner
Lendable Car Finance - Motor Finance
Close Finance - Motor Finance Partners
First Response Car Finance Broker Partner
Happy Motor Finance Limited is registered in England and Wales under company number: 14387669. Registered office address: Clippers House, Clippers Quay, Salford, England, M50 3XP

Happy Motor Finance Limited (FRN - 989250) is authorised and regulated by the Financial Conduct Authority. We act as a credit broker not a lender. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. (Written Quotation available upon request). Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow) this will not affect the rate you are offered or the amount you will pay back. The lenders we work with could pay commission at different rates. All finance is subject to status and income. Terms and conditions apply. Applicants must be 18 years or over. We are only able to offer finance products from these providers.

Happy Motor Finance Limited are registered with the Information Commissioners Office under registration number: ZB408604

VAT Number: 456 0212 21