Car finance in London
Car finance in London has one wrinkle nowhere else in the UK shares: the ULEZ. Whatever you finance, the emissions rating matters as much as the monthly payment. We help thousands of London drivers a year find the right car and the right finance in one go.
Car finance quirks in London
- 1ULEZ covers all 33 London boroughs since August 2023 — non-compliant cars cost £12.50/day.
- 2London's used-EV market is now the deepest in the UK, driving stronger residual values on PCP.
- 3Average car finance amount in the capital is £14,200 — higher than the UK average of £11,800.
- 4London households run 2.3 cars on average — often an EV for city and a petrol for out-of-city trips.
The cars London drivers finance most
Based on 2026 UK market data across our lender panel and DVLA registrations by region.
How car finance works
Apply in 2 minutes
Tell us the car you want, how much you want to borrow, and a monthly payment that fits your budget. We'll match you to the best deal from our panel of lenders.
Pick a car from any dealer
Once accepted, choose a new or used car — or part-exchange your current one — from a reputable UK dealer. We run the full checks for you.
Drive away the same day
Arrange same-day collection or home delivery. Get behind the wheel and enjoy your new car.
Car finance calculator
These estimates are for illustration only and are subject to credit checks and lender criteria. Your actual rate and monthly payment will depend on your personal circumstances.
HP vs PCP vs Personal Loan
| Finance feature | Hire Purchase (HP) | Personal Contract Purchase (PCP) | Personal loan |
|---|---|---|---|
| Requires initial deposit | Optional | Optional | × |
| Car is yours at the end | ✓ | Optional (balloon) | ✓ |
| Fixed monthly payments | ✓ | ✓ | ✓ |
| Optional final (balloon) payment | × | ✓ | × |
| Avoid excess mileage charges | ✓ | × | ✓ |
| Secured against the car | ✓ | ✓ | × |
| Support with vehicle issues | ✓ | ✓ | × |
| Available with bad credit | ✓ | ✓ | ✓ |
We work with 15+ trusted UK lenders
London and surrounding areas
Our online service covers every postcode in Greater London. Same-day approval, same-day delivery or collection through partner dealers.
