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.
Looking for car finance in Derby but struggling to get started? You’re not alone, and Carboom is here to help you move forward. If you’ve had bad credit, you can still find car financing options that work for your budget. You pick the car that fits your needs. And we’ll guide you through each step—clearly, simply, and without judgement.
This helps you get a more accurate finance estimate
Won't affect your credit score
We are a credit broker not a lenderThese estimates are subject to credit checks, and may change if you do apply for finance.
Loan amount | £7,500.00 |
---|---|
Length of Loan | 60 months |
Monthly payment | £0 |
Interest rate | 14.9% APR |
Optional final payment | £0 |
Amount of interest | £0 |
Total payment | £0 |
Carboom offers bad credit car finance in Derby designed around your situation, not your credit score. You won’t face complicated forms or unfair rejections. Instead, you get straight answers and clear support. We’ve already helped hundreds of people in Derby find cars they trust—without the usual hassle. You choose the car that suits your lifestyle. We work with trusted UK lenders and Derby-based dealers to bring you flexible, accessible options. And we keep things simple from start to finish. You stay in control, and we handle the paperwork. Every step is clear, honest, and tailored to what you need.
You can still apply if you’ve had a CCJ, an IVA, or you’re on benefits. These don’t stop you from finding a car that works for your daily life. We focus on what you can afford now—not what’s on your credit record. And we make sure the finance options are realistic and manageable. You won’t get pushed into something that doesn’t feel right. But you will get support that makes sense and puts your needs first.
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 |
Hire Purchase (HP) and Personal Contract Purchase (PCP) give you two flexible ways to finance a car in Derby. With HP, you spread the cost across fixed monthly payments. And once you make the final payment, the car is completely yours. Say you choose a £10,000 Ford Fiesta—on HP over four years, you might pay around £250 each month, with nothing left to pay at the end.
PCP works differently. You pay lower monthly instalments, then choose to either return the car, keep it by paying a final lump sum, or switch to a new one. For example, a £15,000 Volkswagen Golf on PCP might cost £180 a month, with a £6,000 optional final payment. Go for HP if your goal is full ownership. But pick PCP if you want lower payments and flexibility.
Carboom helps you arrange both, working with trusted Derby dealers and UK lenders—even if you’ve had bad credit.
No-deposit car finance lets you get a car without paying anything upfront. You spread the full cost through fixed monthly payments, which makes it easier to manage. It’s a smart option if you need a car now but don’t want to use your savings. And it gives you more freedom to choose the right car without a large first payment holding you back.
Here’s why no-deposit finance could work for you:
Carboom offers no-deposit car finance in Derby, and you can still apply if you’ve had bad credit. We work with lenders who understand real situations, not just perfect credit scores. And we partner with trusted dealers across Derby and beyond to give you flexible options that fit your budget. Ready to take the next step? Ask us for a personalised quote today.
Applying for car finance in Derby is simple when you have the right documents.
You’ll need:
Sir Frank Whittle Rd, Derby DE21 4RX, UK +44 1332 484573
Chartwell Dr, Derby DE21 6BZ, UK +44 1332 508638
Jubilee Business Park, Unit 8 Enterprise Way, Derby DE21 4BB, UK +44 1332 410010
Ascot Dr, Allenton, Derby DE24 8ST, UK +44 1332 344192
Check your eligibility for car finance deals with no impact on your credit score
Once approved, collect or get your vehicle delivered to you.
We’ll do a thorough car check, full-service history and dealer check. Buy with confidence.