Buying your next car does not have to be difficult, but choosing the right car can take a bit of thought. Our used car finance pages are here to help you compare popular makes, understand what different models may cost, and find a car that works for your budget. Explore each brand page to learn more about the vehicles our customers commonly finance, including reliability, running costs, ownership considerations and what to expect when buying used.
Choosing the right used car can depend on your budget, lifestyle, driving habits and what you need from the vehicle. Some customers want a reliable small hatchback for everyday driving, while others need a larger family car, a premium saloon, an SUV, or something more economical to run.
Our used car finance brand pages are designed to help you compare popular manufacturers and understand what to look for before applying. Each page gives you more information about the brand, common models, typical ownership considerations and how HP car finance can help spread the cost.
We are an independent hire purchase lender. We are not linked to or approved by any car manufacturer shown on this website. The names and logos belong to the manufacturers and are used only to help identify the vehicles.
Browse our used car finance brand pages below.
We are an independent hire purchase lender. We are not linked to or approved by any car manufacturer shown on this website. The names and logos belong to the manufacturers and are used only to help identify the vehicles.
Used car finance lets you spread the cost of a second-hand vehicle over a fixed term instead of paying the full amount upfront. With AutoMoney Trust, finance is provided through hire purchase. This means you make fixed monthly payments over your agreement term, and once all payments have been made and the option to purchase fee has been paid, ownership of the vehicle transfers to you.
This can make it easier to plan your monthly budget because your repayments are fixed and agreed before you sign. There are no large balloon payments at the end of an HP agreement, unlike some PCP agreements. If you are comparing products, our HP vs PCP guide explains the difference in more detail.
Before applying, you can use our finance calculator to estimate how different borrowing amounts, deposits and repayment terms may affect your monthly payment.
It may be possible to get used car finance with poor credit. AutoMoney Trust considers applications from customers with different credit histories, including those who have been refused car finance elsewhere.
We look at your wider financial circumstances rather than relying on your credit score alone. This includes your income, outgoings, employment situation, affordability and the vehicle you want to finance. If you are worried about your credit history, our guide to applying for car finance with poor credit explains what lenders may look at.
Your initial application uses a soft credit search. This means you can check whether you may be eligible without affecting your credit score.
AutoMoney Trust may be able to offer zero deposit car finance depending on your application, affordability, credit profile and chosen vehicle. This means you may not need to put money down upfront to apply.
Adding a deposit can reduce the amount you need to borrow and may lower your monthly payments. However, if you do not have a deposit available, you can still apply and we will assess your application based on your full circumstances.
Before deciding, use the finance calculator to compare how different deposit amounts and repayment terms could affect the total cost of your finance.
Choosing the right used car is not only about the monthly payment. It is also worth thinking about the full cost of ownership, the vehicle’s condition, insurance, servicing, fuel or charging costs, and whether the car suits your long-term needs.
The monthly payment needs to be affordable for the full term of the agreement. A lower monthly payment may look appealing, but a longer term can increase the total amount payable. Our FAQ on how the loan term affects your payments explains this in more detail.
Used cars can vary widely in fuel economy, insurance group, servicing costs and repair costs. Before choosing a vehicle, think about what it may cost to run each month alongside your finance payment. Our guide to car ownership and servicing costs can help you understand what else to factor in.
Before buying a used car, it is worth checking whether the vehicle has been written off, has outstanding finance, or has any history that may affect its value. Our guides on checking if a car has been written off and buying a car with outstanding finance explain what to look for.
With HP finance, you do not own the car straight away. The vehicle legally belongs to the lender until the agreement is complete and the option to purchase fee has been paid. Our FAQ on why you will not own the car right away explains what this means during the agreement.
Applying for used car finance with AutoMoney Trust is designed to be simple. You can start your car finance application online, and most applicants receive a decision within minutes.
Our short application form takes a few minutes. We use a soft credit search at this stage, so your credit score is not affected.
We explain your monthly payment, interest rate, term length, and all fees before you commit to anything.
AutoMoney Trust works with a large network of trusted dealerships nationwide, once your finance is confirmed, you can select your vehicle.
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.
Yes, AutoMoney Trust hire purchase agreement includes a £199 admin fee as well as an option to purchase fee of £10, which is paid alongside your final monthly payment if you decide to keep the vehicle at the end of your agreement. This fee allows ownership of the car to transfer to you once all payments have been completed.
All applicable fees are clearly explained in your car finance agreement, so you can understand the costs involved before entering into a hire purchase agreement.
Additional charges may apply if payments are missed, including reminder letter fees or default interest. These charges are designed to cover the costs associated with managing missed payments and are detailed in our arrears fees and default interest schedule.
Unlike some finance providers, AutoMoney Trust does not charge early repayment fees if you choose to settle your agreement ahead of schedule. If you are considering paying off your car finance early, you can contact us to discuss your options and understand any settlement figure that may apply.
To apply for car finance with AutoMoney Trust, you'll usually need documents that help verify your identity, confirm your income and affordability, and validate your address. The exact documents we'll ask for will depend on your individual circumstances, but having the relevant information ready before you start your application can help make the process quicker, smoother and reduce the likelihood of delays.
You may need to provide proof of identity, such as a valid UK driving license or passport, along with proof of income such as recent payslips or bank statements. You may be asked for proof of address dated within the last three months, as well as details of the vehicle you are looking to finance if you have already chosen one.
If you are self-employed and applying for car finance, you may need to provide additional information, such as SA302 forms, tax calculations, or business accounts, to help demonstrate your income and affordability.
The documents required can vary depending on your individual circumstances and application. Providing accurate details and having your documents available in advance can help sped up the car finance application process and reduce the need for additional requests.
Yes, you can apply for car finance with a low credit score. AutoMoney Trust considers applications from customers with lower credit score, and having a low score does not automatically prevent you from being considered for finance. Each application is assessed individually based on your wider financial circumstances and affordability.
We understand that a credit score does not always provide a complete picture of your financial situation. That's why we also consider factors such as affordability, income stability, existing financial commitments and recent credit conduct when reviewing your application.
Having a low credit score does not automatically mean you will be unable to get car finance. However, it may affect the finance options available, including the rate offered or the amount you may be able to borrow. All applications are assessed individually and remain subject to status, affordability checks and our lending criteria.
If you are looking for car finance with a low credit score, you can explore your options with AutoMoney Trust by completing an online application. Our initial assessment helps you understand whether finance may be suitable for your circumstances, with a decision available in minutes.
Yes, you may still be able to get car finance with poor credit. AutoMoney Trust considers your overall financial circumstances and affordability rather than relying on your credit score alone, and specialises in helping customers who have been declined elsewhere, including those with CCJs, missed payments, a limited credit history or a default on their credit file. Having poor credit does not automatically prevent you from being considered for car finance.
Every application is assessed individually, considering factors such as affordability, income stability, employment and existing financial commitments. While poor credit may mean a higher interest rate or a smaller borrowing amount, it does not automatically prevent you from getting car finance.
Whether you are looking for car finance with bad credit or have struggled to get approval elsewhere, our team can help you explore your available options. You can complete a short online application with a soft credit search, which will not affect your credit score.
Yes, your car is likely to lose value during the finance agreement. Most cars depreciate over time, meaning they gradually lose value as they age. For most used cars, depreciation continues throughout a Hire Purchase agreement, so the vehicle is typically worth less at the end of the finance term than when it was purchased.
Depreciation is important because the total amount payable on a car finance agreement includes the amount borrowed, interest, and any applicable fees. As a result, the total amount you repay over the agreement may be higher than the vehicle's market value by the time your finance ends.
Depreciation can also increase the risk of negative equity. If you decide to settle your car finance early or sell the vehicle before your agreement has ended, the car's current market value may be lower than the outstanding finance balance. In this situation, you may need to pay the difference before the agreement can be settled.
The rate at which a car depreciates depends on several factors, including its age, mileage, condition, service history, brand, model, and market demand. Keeping your vehicle well maintained and within reasonable mileage can help preserve its value over time, although depreciation cannot be avoided completely.
Some drivers also choose to take out GAP insurance, which may help cover the difference between an insurer's payout if the vehicle is written off and the remaining balance on the car finance agreement. This can provide additional financial protection particularly during the earlier years of a hire purchase agreement, when the outstanding finance may be higher than the vehicle's market value.
Continued missed payments can lead to arears, damage your credit file and, in some circumstances, repossession of the vehicle.
If you fall behind on your car finance payments, AutoMoney Trust will contact you to understand your situation and discuss the support available. If you are struggling to maintain your payments, it is important to get in touch as early as possible, as we may be able to help you understand your options and prevent your account from falling further into arrears.
Ongoing missed payments may result in default interest, reminder letter fees, and information being reported to credit reference agencies. A record of missed payments could remain on your credit file for up to six years, which may affect your ability to obtain credit in the future.
If car finance arrears remain unresolved, your hire purchase agreement may be terminated and steps may be taken to recover the vehicle. However, under UK law, if you have paid at least one-third of the total amount payable under your agreement, a court order is generally required before the vehicle can be repossessed.
If the vehicle is repossessed and sold, you may still be responsible for any remaining balance if the sale proceeds do not cover the amount outstanding on your car finance agreement.
If you are experiencing financial difficulties, please contact AutoMoney Trust as soon as possible. You can also visit our Existing Customers page for more information.
