Used Car Finance

Making your next used car fit effortlessly into your life is what we’re proud to do here at Carlingo, and part of that is helping you decide how to fund it. The purchase of your car should be a fun and exciting time, and the car finance plans we’re proud to offer here in Harrogate are designed to make the whole process smooth sailing. 

The knowledgeable Carlingo team are more than happy to run through the variety of car finance options available to you, with rates as low as 12.4%, tailoring your plan to fit your financial requirements. Buying a new car doesn’t have to be complicated; we make it straightforward. 

Used Car Finance
  • Spread the cost
    Spread the cost
    We take the time to understand your circumstances, tailoring your plan to a term that suits you with payments built for your budget.
  • Competitive rates
    Competitive rates
    We’ll always do the best we can for you, with APR rates from 12.4% depending on the balance of your finance.
  • Quick & easy
    Quick & easy
    There’s no need to prolong the process; you’ll receive a fast decision so that you know where you stand.
Our lending partners
We work together with these trusted lending partners to find the right finance plan for you:
  • Black Horse
    Black Horse is one of the UK’s leading providers of car finance and has helped over 200,000 customers find motor finance in 2021.
  • Evolution
    Formed in 2002, Evolution is now the UK’s largest motor finance broker. Employing around 340 people UK-wide, Evolution finances over 68,000 vehicles a year.
  • MotoNovo
    Specialising in motor finance for over 40 years, MotoNovo helps thousands of people fund their next car through trusted dealerships all over the UK.
Which car finance option is the right one for you?

The two car finance options we offer here at Carlingo mean that whatever your approach to car ownership, the purchase of your new car fits in. The benefit of us being a broker and not a lender is that we can help you find the most competitive plan for you; we’ll be with you every step of the way.

There are several elements to consider when it comes to choosing between a Hire Purchase contract and a Personal Contract Purchase. Determine your monthly budget, car usage and any plans to upgrade in the future to ensure you fund your next car in a way that suits you.

Here are the types of car finance that we offer:

  • Hire Purchase (HP)
    Finance your car by spreading the cost with fixed monthly repayments for the term of your agreement. You make higher monthly payments than Purchase Contract Purchase (PCP), so when you come to the end of your agreement you’ll own the car.
    This type of finance is great if you:
    Want to have the full amount borrowed paid off by the end of your agreement.
    Would like to own the car outright when your agreement finishes.
    Don’t want to commit to monthly mileage limits.
    Things to consider:
    Monthly payments may be higher than some other finance options, such as PCP, as you are paying off the full value of the car.
    You won’t be able to sell the car without settling the finance.
    You won’t own the car until you have made all of your repayments.
  • Personal Contract Purchase (PCP)
    With PCP, you pay lower monthly instalments than HP. This is because a large part of the total amount payable is left to the end of the agreement in the final repayment.
    At the end of the agreement, you have three options. You can hand the car back to the finance company (the car must be in good condition and within the agreed mileage, otherwise charges may apply), part exchange it for another car on a new agreement (subject to status) or pay the final repayment to own the car.
    This could be ideal if you:
    Want to keep your monthly repayments as low as possible.
    Think you’ll want to change your car in the next few years.
    Are confident you’ll stay within the agreed monthly mileage limits.
    Things to consider:
    You will need to agree an annual mileage allowance at the beginning of the contract – There will be charges if you exceed the agreed annual mileage.
    Should you choose to keep the car at the end of the agreement you will need to pay the Guaranteed Future Value/balloon amount.
Some frequently asked question about car finance
  • Nothing is too much trouble. Just ask!
    Nothing is too much trouble. Just ask!
    Car finance can initially seem overwhelming, but we promise that we can break it down with you. Whether you know what you want from the outset, or need a little advice to make things clearer, we can help get things organised and get you behind the wheel with no stress or fuss; it’s the Carlingo way.