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Low rate car finance


No deposit needed

Representative 5.9% Apr

We are a broker not a lender

Looking for a cheap car finance deal?


Finding the best car finance deals can be quite the task, especially with so many car loan providers in the UK to choose from. 


Here at Socialmotors, we make it our mission to obtain low rate car loans for our customers. We have access to exclusive car loan rates from over 20 car finance companies in the UK, giving us the ability to make sure we provide you with the best car finance deal available for your personal circumstances.

We compare car loans that range between 2.9% and 99.9% APR, payments can be spread over a term of 1 to 5 years.


Representative example: For excellent credit

A car Loan of £7,500 over 60 months at 2.9% APR would amount to monthly repayments of £154.79, the total cost for the loan that you would need to pay back would be £9,287.40

Applying for hire purchase car finance


We understand it can be hard to find the time to shop around your local dealers especially with work and family commitments to think about, which is why we assign you with your very own personal account manger.

Your account manager’s job is to help you make the right choice for your future and give you advice and support throughout your whole car buying experience.


⭐️⭐️⭐️⭐️⭐️ a month ago

“Fantastic service, Dave and Ian were very helpful. Quick service in finding a car and with finance. Would highly recommend.”
– Nicole Marriott


Our service gives you the ability to choose your new or used car from the comfort of your own home in your own time. When you have chosen, we will then deliver your new car for you to sign for usually within 48 hours. all our vehicles come with 12 months Mot and 12 months comprehensive warranty and of course with no deposit to pay.

Why not use this car finance calculator to get an idea of your monthly repayments for any loan based on the car price, interest rate, length of term and whether you have a deposit.

3 steps to a low rate car loan

Make an application online

Apply now or call us, one of our experienced advisors will take some basic details for our lenders to review. If approved you will be offered a credit limit for your new car.

Choose your car

Once you have your credit limit, one of our advisors will assist you in choosing your new car from our showroom – we have over 1000 vehicles available in group stock, at this stage you will be able to discuss your needs and establish the car you want.

Documents and Delivery

We will now prepare your new car for delivery and get it to you usually within 48 hours, giving you a free 12 month comprehensive warranty & 12 months MOT. Once your car arrives, if your happy you sign your finance documents.

Application Criteria

Do you meet the hire purchase car finance application criteria?

To be eligable for car finance all you need is to…

  • Be aged 18 or over
  • Hold a full UK/EU driving licence
  • Be UK resident for 3 years
  • Have a Full time, part time job, be self-employed
  • Not bankrupt

Please note: 100% benefits welcome

Help Centre

 Frequently Asked Questions

I’ve already been declined, can you help?

If you have a low, poor, bad credit, no credit score whatsoever or been refused for a car loan from other finance companies.. read more 

Can i trade in my old car?

Having a part exchange when buying a vehicle with Socialmotors is not a problem, as we will accept your old motor as a deposit.. read more

How to finance a car?

At Socialmotors, you can choose your new or used car finance – from over 40 thousand available in group stock.. read more

Can you help people with average credit?

Do you have a fair credit rating? If yes, there is a very good chance you will be able to be approved.. read more

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