Carboom is a credit broker, not a lender.

Rates from 9.9% APR. Representative 19.9% APR. Hire Purchase (HP) Example: Borrow £10,000 over 5 years with a £0 deposit. Representative APR 19.9% fixed rate. Monthly payment: £255. Total cost of car finance: £5,329. Total amount repayable: £15,329. Carboom is a credit broker not a lender.

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Can I get car finance in Coventry?

You can get car finance in Coventry – especially if you have bad or poor credit. Carboom works with lenders who look beyond your credit history and focus on what you can afford now. If you're on benefits or have a lower income, that won’t automatically hold you back. Some lenders may offer no credit check options, depending on your circumstances. You might be looking for a reliable Ford Focus or something more spacious – used car finance helps you choose a car that suits your life. Each step supports you in financing cars with confidence.

Car finance calculator

Finance calculator

£
  • 36month
  • 42month
  • 48month
  • 60month

This helps you get a more accurate finance estimate

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Check finance eligibility

Won't affect your credit score

We are a credit broker not a lender
Your estimated examples

These estimates are subject to credit checks, and may change if you do apply for finance.

PCP
£0/pm
HP
£0/pm
Loan amount£7,500.00
Length of Loan60 months
Monthly payment£0
Interest rate14.9% APR
Optional final payment£0
Amount of interest£0
Total payment£0

Bad credit car finance in Coventry

Carboom offers bad credit car finance for people in Coventry who’ve struggled to get approved elsewhere. We’ve helped hundreds of drivers from places like Coventry find finance that works for them. Your credit history doesn’t need to be perfect. We work with UK lenders and local dealers across Coventry to give you more choice. You’ll find different cars, flexible terms, and monthly payments that suit your budget. We focus on your situation now, not what’s happened in the past. If you're looking to finance a car, we’ll help you explore your options and make the process simple.

Had a CCJ, IVA, or relied on benefits? That doesn’t mean you can’t get car finance. We speak to people every day in the same position. We focus on what you can afford and help you move forward. You don’t need a high credit score to apply. If your income comes from work, benefits, or both, we’ll help you find something that fits. It’s all about making it affordable. With the right support, you can get back behind the wheel without stress.

Quick look at the car finance calculations for bad credit

Loan Amount (£)

Loan Term (Months)

Estimated Credit Score

PCP & HP Interest Rate (APR)

PCP Monthly Payment (£)

PCP Total Payment (£)

HP Monthly Payment (£)

HP Total Payment (£)

£5000

48

Poor

19.9%

95.96

6355.91

147.63

6355.91

£7000

48

Poor

19.9%

134.34

8898.27

206.68

8898.27

£8000

48

Poor

19.9%

153.53

10169.45

236.2

10169.45

£10000

48

Poor

19.9%

191.91

12711.81

295.25

12711.81

£15000

48

Poor

19.9%

287.87

19067.72

442.88

19067.72

£20000

48

Poor

19.9%

383.83

25423.62

590.5

25423.62

HP & PCP car finance in Coventry

Hire Purchase (HP) lets you pay for a car in fixed monthly instalments. Once you make the final payment, you own the car. Personal Contract Purchase (PCP) also involves monthly payments, but with more flexibility at the end. You can:

  • Return the car,
  • Pay a lump sum to own it, or
  • Trade it in for a new one.

HP works best if you want to own the car outright. PCP is ideal if you prefer lower monthly costs and like changing cars every few years. Carboom supports drivers in Coventry with both options, working with local dealers and lenders who consider all credit backgrounds.

No deposit car finance deals in Coventry

At Carboom, we offer no-deposit car finance in Coventry to help you get on the road without paying anything upfront. This type of finance removes the need for a large initial payment, making monthly costs easier to manage. It’s a useful option if saving a lump sum isn’t possible right now. We work with people who have bad credit or limited financial history, and we focus on what you can afford. Our network includes a wide range of lenders and local dealerships. If this sounds right for you, we’re here to help you get a personalised quote.

What do I need to apply for car finance in Coventry?

Applying for car finance in Coventry is simple when you have the right documents.

You’ll need:

  • Proof of ID – A valid passport or driving licence
  • Proof of address – A recent utility bill or bank statement
  • Bank statements – Usually from the last three months
  • Payslips or proof of income – If self-employed, tax returns or invoices may be required
  • Small deposit (if required) – Some lenders offer no deposit car finance

Car dealerships you can find your next car in Coventry

  • Mototnet

    146-164 Lockhurst Ln, Coventry CV6 5NY, UK +44 24 7663 7124

  • Coventry Sterling Motors Ltd

    38-42 Holbrook Ln, Coventry CV6 4AB, UK +44 24 7666 3115

  • Shawn Dream Cars

    77 Longford Rd, Longford, Coventry CV6 6DY, UK +44 24 7666 6663

  • Motorpoint Coventry

    6 Meto Lakha Close, Coventry CV6 5QS, UK +44 24 7728 6627

Why do you have to finance your next car with us in Coventry?

Get your car finance

Check your eligibility for car finance deals with no impact on your credit score

Buy a car from any dealer

Once approved, collect or get your vehicle delivered to you.

Carboom quality assured

We’ll do a thorough car check, full-service history and dealer check. Buy with confidence.