Car finance

Car finance options

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    Easy and transparent car financing
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    Find the right type of car finance for you
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    Get a quote without affecting your credit score

Zuto is a credit broker, not a lender. Our rates start from 10.9% APR. The rate you are offered will depend on your individual circumstances. Representative Example: Borrowing £6,500 over 48 months with a representative APR of 19.9%, the amount payable would be £192 a month, with a total cost of credit of £2,712 and a total amount payable of £9,212.

Financing a car with Zuto: How we can help

Car finance is simple with Zuto. We work with a number of lenders to provide you with deals that are right for you, and we have experts on hand to guide you through the process, from start to finish – they’ll even help you find a car to suit your budget and needs.

It’s easy to get started straight away, but if you want to find out more then have a look at our options below.

Car finance has three main types – hire purchase (HP), personal contract purchase (PCP) and a personal loan – but we’re also able to help you if you’re self-employed, have no deposit, or have a poor credit rating. And if you can’t find the right information, get in touch or give us a call on 01625 619 944.

Car finance types

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    Hire purchase (HP)

    The most popular type of car finance – monthly payments and the car’s yours at the end of the agreement.

    Hire purchase car finance

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    Personal contract purchase (PCP)

    Monthly payments based on the depreciation, with the option to buy when the term ends.

    PCP car finance

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    Used car finance

    Get a personalised quote on used cars – we can even help find the right vehicle for you.

    Used car finance

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    No deposit car finance

    You don’t always need a deposit for car finance. Some of our lenders can help get you on the road.

    No deposit car finance

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    Car finance eligibility

    Check if you’re eligible for car finance and find out what we check, and how we check it.

    Car finance eligibility

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    Negative equity car finance

    Some of our lenders may be able to help you with car finance, even if you have negative equity.

    Negative equity car finance

The main types of car finance

The three main types of car finance are:

  • Hire purchase (HP)
  • Personal contract purchase (PCP)
  • Personal loan

Hire purchase (HP)

  • Zuto’s most popular type of car finance and easy to understand.
  • Borrow an amount of money secured against the vehicle, plus any interest, over a set period of time.
  • The car is yours at the end of the term.

Personal contract purchase (PCP)

  • Pay off the car’s depreciation value, instead of making payments towards the full price of the car.
  • For example, if the car you buy costs £15,000 and it’s expected to be worth £10,000 when your term ends, then your payments will be based on the depreciation of £5,000.
  • You can buy the car outright at the end with a balloon payment.

Personal loan

  • The only finance type that isn’t secured against the vehicle itself.
  • Loan an amount of money from a provider and use that to pay for the car. You will pay that money back through regular monthly instalments plus any interest.
  • You will own the car from day one.
Finance features:Hire purchase (HP)Personal contract purchase (PCP)Personal loan
Requires initial depositOptionalOptional
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Car is yours at the end of the agreement
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Fixed monthly payments
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Avoid (final) balloon payment
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Avoid excess mileage charge
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Secured against an asset (e.g. a car)
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Support with vehicle issues
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Car finance calculator

See how much you could borrow

What to do next

It’s easy to get started with Zuto. You can:

  • Apply online now – we’ll carry out a ‘soft search’ credit check so we can match you with our lenders. This won’t affect your credit score, but lets us and you see what car finance options are available. Get your quote now.
  • Talk to us – we’d love to help! We have a team of experts on hand to support you with car financing – from those small questions early on, through finding a deal that suits your needs, and even advising you on cars. Just call 01625 619 944.
  • Sign up – once you’ve applied, you’ll be given a Zuto account. Within My Zuto, you can keep track of any quotes and even search our database of more than 30,000 cars, sold by our trusted dealers. Apply for car finance.