If you're a new customer looking for car finance, you can start your application online in just a few minutes. Check your eligibility, submit your details securely and review your finance offer before deciding whether to continue.
If you're an existing customer, simply log in to manage your agreement online. You can check your balance, make a payment, update your details and access important information about your finance agreement whenever you need it.
Everything you need to apply for finance or manage your agreement is available through our secure online portal.
Start here if you are looking to apply for HP car finance with AutoMoney Trust. Learn how the application works, who can apply, what happens after you submit your details, and how our initial soft search works.
Manage your AutoMoney Trust agreement online. Log in to check your balance, make a payment, request a settlement figure, update your details, or get support if your circumstances have changed.
Read clear car finance guides covering HP finance, credit checks, adverse credit profiles, refused finance, zero deposit options, voluntary termination, selling a financed car and more.
Find quick answers to common questions about applying for finance, managing an agreement, credit scores, payments, fees, HP vs PCP, insurance and voluntary termination.
We are a UK hire purchase lender focused on responsible lending and clear, honest communication. Whether you are applying for the first time or already have an agreement with us, we aim to make car finance easier to understand.
AutoMoney Trust is authorised and regulated by the Financial Conduct Authority (FCA). We are a member of the Finance and Leasing Association (FLA), which requires us to follow strict standards of customer treatment.
We do not make lending decisions based solely on automated scoring systems. Every application is reviewed by a member of our team.
We look at your full financial picture, including your income, outgoings, and employment situation, rather than making a decision based on a credit score alone.
We offer repayment terms from 36 to 84 months, which is a wider range than many lenders provide. You can borrow between £4,000 and £25,000 with no deposit options.
Your initial application uses a soft credit search that does not appear on your credit file and does not affect your credit score.
If you are a new customer looking for car finance, you can start your application online in just a few minutes. You can also use the finance calculator first to estimate your monthly payments or browse used car finance by manufacturer.
Use the finance calculator to see how different borrowing amounts, deposits and repayment terms may affect your monthly payments.
Read how to apply for car finance before you start, so you know what happens during the application process.
Learn how HP finance works, including monthly payments, agreement terms and ownership at the end.
Read about credit checks for car finance and how a soft search can check eligibility without affecting your credit score.
Browse used car finance by manufacturer to compare popular makes and find a car that fits your budget.
Read about applying for car finance with adverse credit and how AutoMoney Trust assesses affordability, not just credit score.
If you already have an AutoMoney Trust agreement, go to the existing customers page. From there, you can manage your account, make a payment, request a settlement figure, update your details or find support if you are struggling with repayments.
Existing customers can find help with:
Planning a road trip through Europe? If your car is on HP finance, you'll need your lender's permission before taking it abroad. It's a good idea to apply in advance, so there's plenty of time to arrange the necessary documents and check your insurance and breakdown cover before you travel.
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.
If your PCP agreement is ending soon, you may be wondering how to pay the final balloon payment. While some drivers choose to pay it in full or return the vehicle, refinancing can offer another way to keep the car by spreading the cost over time. This guide explains how balloon payment refinancing works, what to consider before applying, and the alternatives available.
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.
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 be eligible for voluntary termination (VT) of car finance if you've paid at least 50% of the total amount payable under your hire purchase agreement. Under section 99 of the Consumer Credit Act 1974, customers have a legal right to voluntarily terminate your hire purchase agreement, provided the required conditions are met.
Car finance voluntary termination allows you to return the vehicle and end your hire purchase agreement without making the remaining monthly payments. If you've paid less than 50% of the total amount payable, you may still be able to request voluntary termination, but you'll need to pay the difference before the agreement can be ended.
The vehicle must also be returned in reasonable condition, and any outstanding arrears or missed payments will need to be cleared before the agreement can be concluded.
Choosing voluntary termination on a hire purchase agreement may be recorded on your credit file and could be considered by future lenders when assessing applications. Before deciding whether this is the right option for your circumstances, we recommend speaking to AutoMoney Trust. Our team can explain the process, discuss any alternatives and help you understand the potential impact on your finance agreement.
Late or missed car finance payments may be reported to the main UK credit reference agencies and could remain on your credit file for up to six years. This can negatively affect your credit score and may make it more difficult or more expensive to access credit in the future, while keeping your payments up to date can help maintain a healthier credit profile.
A missed payment may affect future borrowing decisions, with lenders potentially offering different terms, higher interest rates, or declining an application depending on your overall financial circumstances. The impact can vary depending on how late the payment is, whether the account returns to good standing, and if arrears continue over time.
If you are experiencing difficulties keeping up with your car finance payments, it is important to contact AutoMoney Trust as soon as possible. Speaking to us early gives the opportunity to understand your situation and discuss what support or options may be available before payments are missed.
Keeping your finance agreement up to date and making payments on time can help maintain a healthier credit profile. For more detail on how lenders review applications, see our guide to credit checks for car finance.
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.
AutoMoney Trust offers hire purchase car finance exclusively. With a hire purchase agreement, you spread the cost of your vehicle through fixed monthly payments over an agreed term of 36 to 84 months. Once you have made all your payments and paid the option to purchase fee, ownership of the car transfers to you.
We specialise in used car hire purchase finance, providing a straightforward finance option with fixed monthly repayments and no optional balloon payment at the end of the agreement. This gives customers greater certainty over the total cost of borrowing and a clear route to owning their vehicle.
AutoMoney Trust does not offer Personal Contract Purchase (PCP), personal loans, leasing, or any other type of car finance product. By focusing exclusively on hire purchase car finance, we provide a simple and transparent solution for customers looking to finance a used car.
