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Car finance made simple.

Get a quote No impact on your credit score

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 £7,500 over 48 months with a representative APR of 21.4% the amount payable would be £226 a month, with a total cost of credit of £3,369 and a total amount payable of £10,869.

Use our car finance calculator

Why car finance is a simpler way to buy your next car

Car finance can help you spread the cost of your new car by splitting out the total cost, plus interest, into regular monthly instalments that suit your budget.

Instead of haggling with a dealer or contacting several lenders, applying with Zuto means we can search our panel of over 15 lenders to find you the best finance deal based on your personal circumstances. We’ll be on hand to help with all your car financing needs, from the first quote through to finding the right car. 

We also work with a network of trusted car dealers, so you know you’re in good hands whether you’re buying your first run-around, something for the family, or your dream car.

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Car finance is quick, easy, and completely transparent with Zuto

Here’s how to arrange car finance in three simple steps with Zuto.

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1. Apply online

Use our easy online application to tell us a bit about yourself and how much you’d like to borrow. We’ll give you a quick decision and one of our team will be in touch to talk you through your options.


2. Pick your car

Now for the fun part. Whether you’ve already set your sights on a new car or you want to browse from our network of verified dealers, we’ll run a free vehicle and history check on any car you like.

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3. Get on the road

Once the final checks are completed and you’re happy with the details, we’ll take care of everything to make buying your new car as easy as possible. You simply need to collect the car and we’ll handle the payment with the dealer.

Why choose Zuto?

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    Get a decision within minutes

    Once you’ve filled in our online application, we’ll give you a quick decision so you know if we can help you, and how much you’ll be able to borrow.

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    Find the right finance

    At Zuto, we'll search our panel of lenders to find the best deal for you. We have access to over 200 products including some that aren’t available anywhere else.

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    Save time and hassle

    Our experts will guide you through the car buying process, and we'll help you with the paperwork and negotiations with the dealer.

Types of finance available

There are many different types of car finance available, and each has its own advantages. The best type of car finance for you will depend on your individual circumstances and needs. The three main types of financing available for your next car purchase at Zuto are:

  • HP car finance - Also known as hire purchase, this allows you to spread the cost of a car instead of paying in one lump sum. Once you’ve arranged a hire purchase contract, you can pay for your car in regular monthly instalments over a set period. Once you make the final payment, the vehicle is officially yours.
  • PCP car finance – A personal contract purchase agreement also allows you to make regular monthly payments over a set period. But instead of paying off the value of the car, you pay off the depreciation. At the end of the contract, you can hand the vehicle back or make a final balloon payment to take ownership of it.
  • Personal loans – If you buy with a personal loan, you’ll borrow money and then  use this  to pay for your chosen car outright and you’ll own it from day one. You’ll then need to keep up with the monthly repayments to your chosen lender.

Whichever option you choose, you’ll borrow money from a lender to pay for your car, then repay the lender in regular monthly instalments to cover the money you borrowed, plus interest.

Not sure which option is right for you? Check out our handy comparison chart.

Finance features:Hire purchase (HP)Personal contract purchase (PCP)Personal loan
Requires initial depositOptionalOptional
Car is yours at the end of the agreement
Fixed monthly payments
Avoid (final) balloon payment
Avoid excess mileage charge
Secured against an asset (e.g. a car)
Support with vehicle issues

Customer reviews

Car finance FAQs

Am I eligible for a car finance?

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At Zuto, we take care of all the admin so you can get on the road as quickly as possible. But to make sure you have all the info you need before you buy, check out our answers to the most frequently asked questions.

What credit rating do you need when financing a car?

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There is no minimum credit score requirement when applying for car finance, but you’re more likely to get approved and be offered a lower APR with a higher credit score. You can find out more in our guide to checking your credit score.

At Zuto, we compare from a large panel of lenders. This means we will aim  to match you to a suitable lender, based on your needs, circumstances, and credit score.

Does applying for car finance affect my credit score?

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When you apply for car finance with us, we will run a soft credit search which won’t impact your credit score. 

If you’re happy with the agreement and are ready to proceed, at this point a hard credit search may  be conducted by the lender. 

It’s also worth noting that multiple hard searches against your credit file can have a negative effect on your credit score. This is why it makes sense to compare deals with Zuto. We can compare car finance options from multiple lenders and the only hard credit search will come when you’re happy to proceed with the agreement.

Can I apply for car finance with poor credit?

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Yes, we consider people with all credit histories, and having a bad credit rating doesn’t mean your application will automatically be rejected. But it can make securing car finance more difficult than if you have a good credit history. 

We're proud to partner with a number  of lenders who specialise in helping people with bad credit secure car finance.

If your credit score is low, you might be able to improve your chance of acceptance for credit by offering a bigger deposit which means you’ll need to borrow less.

What does a car finance broker do?

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A broker works with multiple lenders to help customers find the right finance option for their needs and circumstances. This saves the time and hassle of applying to different lenders to find the best possible repayment terms. Brokers do not lend the money themselves.

As one of the UK’s leading car finance credit brokers, Zuto will talk you through your options and explain all you need to know, including information on interest rates, loan terms, and other details of the finance agreement, to help make sure you find the right type of finance for your car.

Why don't Zuto charge any fees?

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Zuto won't charge you anything for our service but we will receive a commission from the lender which varies based on the product, amount borrowed or your credit score. This doesn't affect the amount you pay.

What is APR?

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APR stands for annual percentage rate. The rate of APR you’re quoted is the amount of interest you’ll repay on the loan each year. Representative APR means that at least 51% of borrowers will get a rate that is equal to or lower than the advertised amount.

Can I finance a used car?

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Yes, you can finance a used car. Car financing provides an effective way to fund the purchase of a new or pre-owned vehicle.

What do I need to apply for car finance?

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To keep things simple, we only need some basic information to start your application. So, along with your name and age, have your current living and employment details to hand.

If you proceed with the agreement, you may need to provide more detailed information, including:

  • Proof of identity - A passport or driving licence
  • Proof of income/earnings - A pay slip or bank statement

Address history - If you’ve moved address in the last three years you’ll need proof of current and previous addresses

Can I apply for car finance if I’ve been refused elsewhere?

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If you’ve been refused car finance, there’s nothing to stop you from applying elsewhere. But making a number of applications in a short period of time can have a negative impact on your credit score.

At Zuto, we run a soft credit search as part of our initial application. This helps us give you an idea of whether your application will be accepted and the repayment terms you’ll be offered, with no impact on your credit report.

How quickly can I get car finance?

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Our online application form means we can usually give you an initial decision within 60 seconds to let you know if you're approved. Once you’re happy with the agreement it can take as little as 48 hours to complete but we’ll always go at your pace. 

What is the cheapest way to finance a car?

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If you’re looking to finance a car, the cheapest way to do this is to find the best available rate based on your personal circumstances and the product that you choose. Whether or not you choose to put a deposit down can also help keep monthly repayments down. At Zuto we work with a number of lenders to help find you a deal you can afford and are happy with.

Can I pay off car finance early?

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If you’re in a position to pay off your car finance agreement early, most lenders will accept an early repayment. You’ll need to get in touch with them for a settlement figure before paying off your loan. Although this can cut the amount of interest you’ll need to pay overall, some lenders will charge an early repayment fee. The amount you’re charged will depend on the lender and how long you have left on your agreement. If you are considering purchasing a new car and ending your current agreement early, Zuto can help with this and liaise with your existing lender.

Can I trade in a part exchange?

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If you want a new car but don’t want the hassle of selling your current car privately, a part exchange could be a good option. If you have outstanding finance on the car, you’ll need to pay that off before you can part exchange it. Once you’ve paid the settlement amount, any money left over from the sale can be used as a deposit on your new car. This can help lower the amount you need to borrow and could mean you get better repayment terms from the lender.

To find out more, check out our guide to car finance and part exchange.

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