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    Check if you're eligible for a quote

    I’m a permanent resident of England, Wales or Scotland.

    I’ve lived in the UK for at least three years and have a UK bank account in my name.

    I’m in employment or retired and have a minimum annual income of £19,000.

    I don’t currently have any County Court Judgements (CCJs), any Debt Relief Orders or an Individual Voluntary Arrangement (IVA) and I’m not currently bankrupt.

    Hire Purchase Car Finance

    Pre-approved car finance - it's simple, safe and stress-free

    Credit score friendly

    Keep your credit score safe. Your pre-approved car finance quote won’t affect your credit score.

    Checked, verified, approved

    Our UK-wide car dealership network is checked and verified for quality & service.

    Free peace of mind

    We only offer quotes on cars that pass our car history checks.

    Get a Quote Today
    Already have car finance with us?
    Am I eligible for car finance?

    What’s Hire Purchase?

    Hire Purchase is a type of car finance that helps you buy a car without needing to save up a large sum.

    You can pay an optional deposit with a dealer, then spread the remaining cost of the car over an agreed-upon period – between 1 - 7 years. At the end of that time, you’ll own the vehicle outright (after paying an Option to Purchase (OTP) fee of £1).

    We’ll never charge you for mileage fees and, unlike other car finance options, there’s no large balloon payment.

    Why choose us?

    We only use verified dealerships

    We'll quality check and approve each dealer.

    No hidden charges

    You’ll never pay mileage fees or final balloon payments.

    From a brand you know 
and trust

    Get the easy service we’re known for. We’ll even contact and pay the car dealer for you.

    How does Hire Purchase work?

    So, how do we make buying a car straightforward?

    Get a quote

    Get an instant quote that won’t impact your credit score.

    Add your car

    Compare five different models and prices.

    Apply for finance

    Once you’re happy with your quote and car, submit your application.

    Arrange collection

    Our agents will be in touch with you to arrange pickup.

    Let us know if you need anything

    Customers highly rate us on TrustPilot for a reason.
    Get a Quote Today

    Representative example

    The rate we offer depends on individual circumstances. The interest rate will vary too depending on your financial circumstances and the amount of loan you want. All loans are subject to status.

    Borrowing £15000 over 60 months with 59 monthly repayments of £314.86 and a final monthly payment of £315.86 which includes the £1 Option to Purchase Fee. The total amount repayable will be £18892.60. Representative 9.9% APR, annual interest rate (fixed) 9.48%.

    What your Hire Purchase agreement will look like

    Is it right for me?

    Hire Purchase has pros and cons, and it’s not for everyone.

    Pros of Hire Purchase

    • you can choose not to pay a deposit
    • there are no excess mileage fees
    • you can make extra payments at any time without paying a fee
    • spread the cost over fixed monthly payments

    Cons of Hire Purchase

    • missing payments can impact your credit score
    • your car could be repossessed if you don't make your payments
    • you won't own the vehicle right away

    Don't worry if hire purchase isn't for you. PCP or an unsecured car loan may suit you better.

    What do I need to complete my application?

    We'll just need to check your personal details are accurate.

    We’ll ask for:

    • bank details
    • car details
    • contact details

    In some instances, we may ask for more information from you to support your application. We could ask for:

    • proof of identity - this might be a photo or scan of your driving license or passport
    • proof of income - via bank account verification or payslips/bank statements

    Your questions answered

    Can you sell a car on finance?

    No, you can't sell a car on finance until it's fully paid off and you have full ownership of it.

    Can I get car finance with bad credit?

    Yes, it's possible to get car finance if you have bad credit. But it can be harder to get it, and you might not be able to borrow as much or get the best interest rates.

    Can you pay off car finance early?

    You can repay in full or in part at any time under your car finance agreement.

    If you want to pay off your finance in full, we'll give you a settlement figure which will take into account any reduction in interest you could be due.

    If you want a settlement quote, please contact customer support.

    Can you swap finance from one car to another?

    Unfortunately, you can't. If you want to take out a new car on finance, you'll need to settle your existing agreement before you do.

    How do I withdraw from my car finance agreement?

    You can withdraw from your car finance agreement within the first 14 days, but you'll still need to pay off the cost of the car another way. That might be by taking the money out of your savings instead or finding another car finance option.

    How can I voluntary surrender?

    Voluntary surrender is when you return the car to us and we sell it on your behalf.

    If we don't make as much back when selling it as you have remaining on your finance agreement, you'll need to pay the difference.

    For example, if the remaining balance on your finance agreement is £10,000 but we can only sell it for £9,000 - that means you'll need to pay us the £1,000 difference.

    Please call us on 0333 234 6009 and we can explain in more detail how this works. Or, email us at paymentsupport@admiralfinancialservices.co.uk.

    How can I voluntary terminate?

    Voluntary termination is when you give your car back and end the agreement, and you have already paid at least half of the total amount of your contract.

    You can voluntarily terminate the agreement at any time, but remember you need to have paid half of the amount back and the car needs to be in a reasonable condition based on its age and mileage.

    Please call us on 0333 234 6009 and we can explain in more detail how this all works. Or, email us at paymentsupport@admiralfinancialservices.co.uk.

    What do I do if there's an issue with my car?

    If there's an unexpected issue with your car, you can reach out to your car finance provider - that might be us!

    As we're technically the owner (and you're the registered keeper), we may be able to help or speak to the dealer on your behalf.

    When speaking to us, make sure you have everything ready to go - including photos or evidence of the damage and all the relevant documents from the sale and the finance agreement.

    Who can be the registered keeper of the car?

    If you're paying for finance on your car, then you're the registered keeper. The car finance company is the owner of your car until you've fully paid off the balance of your car finance.

    Can I use my car for work?

    We don't allow 'business use' - so for instance, you couldn't use the car on finance as a taxi. But, if you're just commuting to work as normal, then that's fine!

    Always make sure you have the right insurance in place to cover you.

    Can I take my car abroad?

    Yes, you can take your car abroad - you'll just need to let us know about your plans before you head off. Make sure you have the right insurance in place to cover you for driving abroad.

    What happens if I miss payments?

    We want to understand why you've missed your payments, so we can try to offer you the best support.

    If you're unable to maintain your monthly payments, your car will be at risk of being repossessed.

    Please call us on 033 234 6009 so we can chat through your options and get you the support you need. Otherwise, email us at paymentsupport@admiralfinancialservices.co.uk.

    What if the dealer I've chosen isn't listed?

    If the dealer you've chosen isn't listed, give us a call on 0333 234 9917 and we can do some checks to make sure we can work with them.

    If we can, you'll be all clear to continue with your application. If we can't, we'll let you know.



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