Zuto is a credit broker, not a lender. Our rates start from 9.9% APR. The rate you are offered will depend on your individual circumstances. Representative Example: Borrowing £7,000 over 48 months with a representative APR of 19.3%, the amount payable would be £205 a month, with a total cost of credit of £2,831 and a total amount payable of £9,831.
You can split the cost into monthly payments, with a budget that suits your lifestyle so you can get behind the wheel faster. We can arrange your car finance and help you find a car from our trusted dealers, whether you’re buying your first wheels, a family run-around, or your dream car.
At Zuto, we keep things simple. We’re a broker, so when you apply for a car loan with us, we’ll search our large panel of lenders to find the best deal for you and your personal circumstances. You can browse thousands of cars across the UK from our verified dealers.
Find out how much you could borrow with our easy calculator, and keep reading to find out about how Zuto works. Before you apply, consider what you can afford and factor in other things like servicing, fuel and other running costs.
Tell us about yourself and how much you’re looking to borrow. You’ll get a quick decision and one of our team will be in touch.
Whether you’ve found your car or want to browse thousands of cars across the UK from our verified dealers, we run a free vehicle and history check on anything you’re looking at.
Once the lender has done their final checks and you're happy to proceed, we’ll pay the dealer so all you need to do is pick up the car.
We can give you a quote or lending decision for a car loan quickly, so you know what car you’ll be able to afford.
Dealers usually offer a limited number of products. As a credit broker, Zuto can compare multiple car finance options from our panel of lenders all in one go.
We can help you with the admin, paperwork and negotiations with the dealer. Give us a call for any support.
With car finance, you can pay for your new wheels in a variety of ways. There are a few options to choose from to suit your budget and your lifestyle.
With a car loan you’ll effectively borrow money from a lender to cover the initial costs of your car. You’ll then pay the lender back monthly for the money you borrowed, plus interest. You can use it for brand-new cars, old run-arounds, and everything in between.
There are three types of finance:
Not sure which one is right for you? Check out our handy comparison chart, or find out more about different finance options.
| Finance features: | Hire purchase (HP) | Personal contract purchase (PCP) | Personal loan | |
|---|---|---|---|---|
| Requires initial deposit | Optional | Optional | ||
| Car is yours at the end of the agreement | Optional | |||
| Fixed monthly payments | ||||
| Avoid (final) balloon payment | ||||
| Avoid excess mileage charge | ||||
| Secured against an asset (e.g. a car) | ||||
| Support with vehicle issues | ||||
Am I eligible for a car loan?
Your eligibility depends on your credit rating. The better your credit rating, the more chance you’ll have of being accepted for a loan or securing a better deal.
It’s important to consider what you can afford and budget accordingly to factor in any monthly repayments and the costs of running your new vehicle.
If you have a lower credit rating, you may still be able to secure a deal, but it might include higher monthly repayments or interest rates. You can find out more in our bad credit car finance guide.
Who owns a car if it’s on finance?
Who owns the car will depend on the agreement. For hire purchase (HP) and personal contract purchase (PCP), the lender owns the car until you make the final payment (or balloon payment for PCP). With a personal loan, you own the car from day one.
What credit rating do you need for car finance?
There is no credit rating limit, but the better your score, the more likely you’ll get approved at a lower rate.
Does applying affect my credit score?
If you’re looking for initial quotes, no. When you apply with Zuto, we run an initial assessment of your credit file and check this against our lenders’ criteria to see if you’re going to be eligible. This is what’s known as a ‘soft search’, and it won’t appear on your records or impact your credit score in any way.
It’s then up to you which deal you choose to apply for – if at all. Once the application’s made and you’ve consented, the lender will need to perform a full credit search, and this will be noted on your credit history. But this never happens without your consent.
Can I get car finance with poor credit?
Yes, just because your credit history isn’t perfect doesn’t mean lenders will turn you away. At Zuto we've been helping customers get on the road for over 15 years and work with a large panel of lenders, some of whom specialise in bad credit car finance.
What does a car finance broker do?
A finance broker helps customers find finance deals – it doesn’t lend any money itself. At Zuto, we work with a large panel of lenders and we share their finance offers with you.
We can also offer you help and support along the way – just give us a call on 01625 619 944.
Why don't Zuto charge any fees?
Zuto is a broker, not a lender, so any charges we incur are covered by the fees we receive from the lenders for arranging your finance with them. This means we can offer our services to you totally free of charge.
What vehicles can I buy with finance from Zuto?
Our panel of lenders will finance cars, motorcycles, vans and touring caravans.
We can also provide finance for more specialist vehicles, so whatever you’re thinking of buying, give us a call on 01625 619 944.
If you don’t have a car in mind, but you’ve already been pre-approved for finance, you can use the stock search tool in My Zuto, your online account area. This allows you to search for cars that you think you might like to buy from any reputable dealer. When you find something, you can add it to your shortlist and we’ll carry out the vehicle checks and provide a finance quote specifically for that car. Again, you can also give one of our team a call on 01625 619 944.
