Car finance calculator

Good credit
Bad credit
Amount to borrow:
To repay over:
5 Years
Car finance rate XX% APR
Cost of credit £ XXX
Total repayment £ XX,XX.XX
48 monthly payments of
£ 245 /mo

Representative example - Borrowing £5,500 over 4 years with a representative APR of 19.8%, and a deposit of £0, the amount payable would be £162 per month, with a total cost of credit of £2,282 and a total amount payable of £7,782.

Carplus will find the best car loan rate from our panel of lenders and will offer you the best possible deal. We don’t charge fees, but we earn a commission. This does not influence the APR you’re offered in any way.

We compare car finance deals for you

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  • PCF Bank logo
  • Moneybarn logo
  • Marsh logo

What is instant decision car finance?

Instant decision car finance ensures you are not left waiting around for a decision about your car finance application. You will know within 60 seconds whether or not you have been approved or rejected by the lender.

The lender will look at things such as your income, previous credit history, location and other factors before reaching a decision. Instant decision car finance means you get the answer right away so you can plan your next move.

Can I get instant decision car finance?

Everyone is eligible for instant decision car finance. With Carplus, the majority of our authorised lenders will be able to provide an instant answer with 60 seconds. However, it may take longer depending on the details submitted with your application.

Even if you have bad credit you can make an application for instant decision car finance through Carplus. We connect you with a panel of regulated lenders and will match you with the company most likely to approve your application. This stage of the process will not have any impact on your credit rating.

How does instant decision car finance work?

The application process is simple with Carplus:

Step 1

Complete the online application form which only takes a few minutes.

Step 2

We will process your application and match you with a selection of suitable lenders.

Step 3

If you wish to proceed with the car finance application you will then complete the process directly with the lender.

Step 4

Where a loan is approved they will send the agreement to you to read, sign and return.

Step 5

You can arrange to collect the keys to your brand new vehicle and look forward to getting behind the wheel!

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Car finance? 1. Get car finance approved. 2. Choose any car from any dealer. 3. Get it delivered next day. We’re open Monday to Friday (8am - 8pm) and Saturday to Sunday (10am - 5pm).