AutoMoney Trust is a direct lender for used car finance. We offer hire purchase from £4,000 to £25,000 with no deposit options and no guarantor needed. The eligibility check is a soft search that will not affect your credit file. Poor credit and CCJs considered. We work with a network of trusted dealers across the UK so you can find used car finance deals that suit your budget.
Spread the cost of a used car over 36 to 84 months with fixed monthly payments and with no deposit options. You do not own the car until the final payment, but you use it as normal throughout the agreement. A soft search checks your eligibility first, with no impact on your credit file. Poor credit and CCJs considered.
How HP car finance worksReaching the end of a PCP agreement and want to keep your car? Refinancing lets you spread a PCP balloon payment over a new HP agreement rather than paying it upfront. Subject to affordability, vehicle checks, and status. The eligibility check is a soft search that will not affect your credit file.
Refinancing with AutoMoney TrustFind a payment that fits your budget by calculating your monthly car payments.
Use our free hire purchase calculator to estimate your monthly repayments before you apply. Enter a loan amount between £4,000 and £25,000 and a term between 36 and 84 months to see what your payment could look like. The calculator uses a representative APR and gives you an indicative figure, your actual rate will be confirmed when you apply. Checking with the calculator does not affect your credit file.
Applying for HP car finance with AutoMoney Trust takes a few minutes online. Here is what happens from your first application to driving away.
Fill in our online application with your personal details, employment information, income and outgoings, and the car you want to finance. The initial eligibility check is a soft search, so will not affect your credit score. You can also use the finance calculator beforehand to estimate what your monthly payments could look like.
We review your application and come back with a decision. If approved, We will provide you with the details of your offer, which includes: the monthly payment, the total amount payable, the APR, the term, and any fees. Take your time to review everything before deciding whether to proceed. There is no obligation at this stage.
Once you are happy with your offer, choose a car from our network of approved dealers across the UK. The dealer will confirm the vehicle details and we will carry out the relevant checks. If you have already found a car you want, speak to us first to confirm whether the dealer and vehicle meet our criteria.
We will send you your finance agreement with all the details confirmed: monthly payments, total amount payable, APR, term, and your rights. Read through everything carefully before signing. Once signed, you have a 14-day statutory cooling-off period during which you can withdraw from the agreement.
Once your agreement is signed and all documentation is in order, we pay the dealer directly and you collect your car. Before you collect your vehicle, you will need to arrange a fully comprehensive insurance policy. You must also ensure that the vehicle remains fully insured for the duration of the agreement.
STEP ONE - Apply online
Fill in our online form with your details. It only takes a few minutes.
STEP TWO - Review your offer
We'll contact you with our decision once we have reviewed your application.
STEP THREE - Choose your car
We work with a trusted network of dealers across the UK to help you find the right vehicle.
STEP FOUR - Sign your agreement
Once you receive your finance agreement, review the details and sign it.
STEP FIVE - Drive away
We'll pay the dealer, and you can collect your vehicle.
A decision in minutes. No impact on your credit file.
Fill in our short online form with your details and we will come back to you with a decision. The initial check is a soft search so will not affect your credit score. If approved, you will see your monthly payment, total amount payable, and APR before you commit to anything. Finance is subject to status and affordability. Over 18s only.
AutoMoney Trust works with established finance brokers and dealer partners across the UK. These partnerships help us support more customers with clear, responsible HP car finance options, while giving introducers access to a lender focused on communication, relationship management and practical application support.
Planning a road trip through Europe? If your car is on HP car finance, you might be wondering if you're allowed to take it abroad. The short answer is: yes, but you need your lender’s permission first.
If you’ve taken out car finance, like HP or PCP, you might be wondering whether someone else can drive the car. It’s a common question, especially if you share driving with a partner, family member, or friend. The answer depends on your finance agreement and your insurance.
Having your car stolen is upsetting and even more confusing if you’re still paying it off through car finance. You might wonder who’s responsible, whether you still have to make payments, or what your insurance covers.
Buying a used car on finance is common, but what if the car you're looking at still has finance owing on it? If the previous owner hasn’t cleared their finance, it can create big problems for you as the buyer. This guide explains the risks, how to check for outstanding finance, and what to do if you’ve already bought a car with it.
Buying a used car on finance is common, but what if the car you're looking at still has finance owing on it? If the previous owner hasn’t cleared their finance, it can create big problems for you as the buyer. This guide explains the risks, how to check for outstanding finance, and what to do if you’ve already bought a car with it.
Our car finance guides are here to help you understand your options. Whether you're new to car finance or just want to learn more, you'll find useful information about how car finance works, what Hire Purchase means, your rights under the agreement and what to think about before making an application.
What our customers say
Don't just take our word for it. We've helped thousands of people across the UK get behind the wheel with straightforward, affordable car finance. Find out what our customers think about their experience with us.
If your looking for a finance company that are very good I highly recommend this company there's no judgement they will listen to any issues and work hard to help make your time a fair but workable
Matt helped me from day 1 with some issues with my vehicle, he went above and beyond just finance issues with help with financing repairs to my car. From day 1 I felt like he cared about my concerns and did his best to get everything sorted. Thanks to Matt and the team at Auto money trust I would recommend them to anyone looking for vehicle finance. 5* service!
Brilliant setting up but if you ever have a month of financial difficulties, they couldnt care less, they will NOT help you whatsoever. Vultures Avoid and go with a responsible company, they forced me to get a payday loan under threat of destroying my creditfile.
Automoney Trust have been amazing! From start to finish, they provided excellent service! Mo has been excellent and is a credit to the company! Nothing was too much and went out of his way to ensure everything went through in a timely manner and made sure me as a customer was happy! Thank you once again! 🙏🏽
Horrendous customer service - Matthew in particular was smug and went out of his way to make things difficult. High interest rates, add charges on left, right and center! AVOID!
Keep up with the latest from AutoMoney Trust. Tips on car finance, what to look for when buying a used car, and updates from the team.
Norfolk Capital Group is a group of specialist finance businesses working together to provide clear, responsible lending solutions across the UK. We focus on making finance straightforward, transparent and tailored to individual needs, whether for personal, vehicle or commercial purposes.
Our group includes Commercial Trust, The Loans Engine, AutoMoney Trust, Mercantile Trust and Norwich Trust. Each business offers its own area of expertise, but all share the same commitment to fair, responsible lending and good customer outcomes.
Learn more about the Norfolk capital group
Got a question about car finance? Here are answers to the ones we get asked most often. If you cannot find what you are looking for, visit our full FAQ page or get in touch with the team.
Car finance can affect your credit score in both directions. Consistent, on-time payments build a positive credit history and may improve your score over the life of the agreement, demonstrating to future lenders that you can manage credit responsibly. Missed or late payments have the opposite effect, they are reported to credit reference agencies and can lower your score, making future borrowing harder or more expensive. Applying for finance also creates a hard credit search, which may cause a small short-term dip. Settling your agreement in full further strengthens your credit profile. For more detail, read our guide to Credit Checks for Car Finance.
A fixed rate keeps your interest rate and monthly payments the same throughout your agreement, giving you predictable costs from start to finish. A variable rate can rise or fall during the term, usually tracking the Bank of England base rate or the lender's standard variable rate, which means your payments can go up or down. AutoMoney Trust offers fixed interest rates only, so you know exactly what you will pay each month. Fixed rates provide certainty but may start slightly higher than introductory variable rates; the trade-off is protection from future rate rises. For more detail, read our guide to What Is Car Finance APR?.
On a Hire Purchase agreement with AutoMoney Trust, legal ownership of the car does not transfer until you have made all monthly payments and paid the £199 Option to Purchase Fee at the end of the term. Until that point, the vehicle remains the property of AutoMoney Trust, which means you cannot legally sell or modify the car without our agreement, and the car may be at risk if payments are missed. You are still responsible for tax, insurance, MOT, and maintenance throughout the agreement. Once the final fee is paid, ownership transfers and the car is fully yours.
If you fall behind on payments, AutoMoney Trust will contact you to discuss your situation. Continued missed payments can result in default interest, reminder letter fees, and a record on your credit file for up to six years. If arrears remain unresolved, the agreement may be terminated and the vehicle could be repossessed, though under UK law, once you have paid one-third of the total amount payable, we need a court order to take the car back. You may still owe money after repossession if the resale value does not cover the outstanding balance. For support, visit our Existing customers page or contact us early to avoid this.
All cars depreciate over time, with most used vehicles losing value steadily across a finance agreement. This matters because by the end of your term, the total amount paid, including interest, may be more than the car's market value. Depreciation also affects negative equity risk: if you want to sell or settle early, the car's value may not cover the outstanding finance balance. Mileage, condition, service history, and demand all influence how quickly a car depreciates. GAP insurance can help cover the gap between a write-off payout and your outstanding finance.
