How we work.
Car finance made easy with 4 simple steps
Why choose Car Finance Genie?
Our incredible service
With over 100 independent 5-star reviews, don’t take our word for it. Find out what our customers have to say!
Trusted dealer network
We’d never send you to the wrong place! Our fantastic network of carefully picked, trusted dealers mean you can get the car you want with complete piece of mind.
SAF Approved provides recognition for companies like Car Finance Genie where all of our staff involved in your finance application have passed the SAF Expert test.
CFG Quality Assured
Our rigorous checks and trusted dealers mean you can drive away without having any worries on your new vehicle’s quality.
No deposit finance available
We offer various flexible options within our finance options including bad credit finance and car finance without a deposit. Whatever your situation, we’ll try our best to help!
Years of experience
There’s no question our car finance specialists won’t try and answer. Put it to the test and get in touch today!
Rates from 10.9% APR. Representative APR 24.9%
The exact rate you will be offered will be based on your circumstances, subject to status.
Representative example: borrowing £8000 over 5 years with a representative APR of 24.9%, a fixed annual interest rate of 24.9%APR and a deposit of £0.00, the amount payable would be £220.67 per month, with a total cost of credit of £5420.20 and a total amount payable of £13,240.20
We look the find the best rate from our panel of lenders and will offer you the best deal you’re eligible for. We don’t charge for our service but we do earn a fixed commission payment/percentage. This does not influence the interest rate you’re offered in any way but can vary by lender.
We act as a broker, not a lender. Further info on request.
Which car finance is right for you?
The car finance deal that you can obtain – as well as the one that best suits your requirements – will naturally depend on a range of factors and we are on hand to advise and help when you are choosing a product that fits your needs. Obtaining the best car finance deals available to you will depend on factors such as your personal and financial circumstances, your age, employment and credit rating. We work with a number of different lenders and will always ensure that we have found you the best deal possible. Whether you have CCJs on your file, are in an IVA or have been previously declared bankrupt (now discharged) we are here to help.
What is Hire Purchase (HP)?
‘Hire Purchase’ is the most common form of car finance, and is the most popular product here at CarFinanceGenie. A hire purchase deal simply involves the borrower paying for the car by making monthly repayments over a set term, at the conclusion of which, they own the car outright. There is no mandatory deposit required and your payments will never change. It is also possible to pay off the agreement early and to make one off payments at your discretion. There are no fees or charges for settling early. There may be a small option to purchase fee but there will be no final lump sum, or ‘balloon’ payment for them to pay. At the end of the term they simply own the car.
What is Personal Contract Purchase (PCP)?
A personal contract purchase arrangement has a lot in common with a hire purchase agreement. In both cases, a deposit is optional, and the monthly repayments remain fixed at the same level throughout the term. The main difference is that if you take out PCP car finance, the vehicle won’t automatically become yours at the end of the agreement, instead you are given a choice; you can either choose to acquire the car by paying a final lump sum, or ‘balloon’ payment or at the end of the term you can choose to simply exchange or return the car. Ultimately the best option for you will come down to eligibility and personal choice.