Car finance
in London, UK

Can I get car finance in London?

Yes, you can! From our experience, getting car finance in London is possible for most people, even if you’ve had credit issues in the past. Lenders don’t just look at your credit score—they also consider your income, expenses, and ability to afford repayments.

The more we help people secure finance, the more we see that every situation is different. Some customers worry about past defaults or CCJs, while others need no deposit car finance to get started. That’s why at Carboom, we work with a range of lenders to find finance options that suit your needs.

If you’re looking for used car finance or need help with bad credit car finance, our process is quick and straightforward. Just request a quote, and we’ll help you explore your options without affecting your credit score.

Bad credit car finance in London

Bad credit does not stop you from getting car finance. From our experience, many people in London worry about their credit history, but lenders consider more than just a credit score. At Carboom, we specialise in bad credit car finance and help people in different financial situations find a deal that suits them. The more we assist customers, the more we see unique cases—some have been refused elsewhere, while others apply for car finance for the first time.

CCJs (County Court Judgements), IVAs (Individual Voluntary Arrangements), and car finance on benefits do not automatically lead to rejection. Lenders focus on affordability, not just past financial difficulties. Many of our customers with CCJs or IVAs now drive cars they financed through us because they could show stable income and manageable expenses.

Carboom works with dozens of trusted lenders and dealerships across London and the UK. No deposit options and flexible repayments make car finance accessible to more people. Request a quote today and take the next step towards owning your car.

Quick look at the car finance calculations for bad credit

HP & PCP car finance in London

Choosing the right car finance depends on how you want to pay and what you plan to do with the car at the end of the agreement. From our experience, most customers in London pick between Hire Purchase (HP) and Personal Contract Purchase (PCP).

HP finance suits those who want to own the car after making all payments. The cost splits into fixed monthly payments, and after the last payment, the car belongs to you. Many customers prefer HP because it has no mileage limits, and payments stay the same throughout the term.

PCP finance offers lower monthly payments, with a choice at the end of the agreement to return, upgrade, or buy the car by making a final lump sum payment. This option works well for those who like changing cars frequently.

Carboom finds the best HP or PCP finance based on your budget. Get a quote today and explore your options.

No deposit car finance deals in London

No-deposit car finance lets you get a car without paying anything upfront in London, UK. From our experience, many people worry about saving for a deposit, especially when they need a car quickly. This option removes that barrier by spreading the full cost into fixed monthly payments.

Carboom works with lenders who offer no-deposit car finance in London, even for those with a bad credit score. The more we help customers, the more we see how life’s unexpected expenses make it hard to put money down upfront. No deposit means you can focus on finding a car that suits your budget.

If you need a car but don’t have savings for a deposit, we can help. Get a quote today and explore your options.

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

Applying for car finance in London 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

Bring these documents to your finance appointment, and we’ll guide you through the process. If you’re unsure about anything, our team is here to help.