Motorhome finance

Can I get finance for a motorhome?

Yes, you can get finance for a motorhome, including through lenders who specialise in motorhome loans. These lenders often assess your credit score, income, and financial situation before offering a finance agreement. You may need to pay an initial deposit (usually around 10–20%) of the total amount, depending on the loan amount and lender requirements.

Most motorhome finance deals run from 5 to 10 years. You’ll make fixed monthly payments over the agreed term, and interest rates vary based on your circumstances. Some finance products may also include a lump sum or final payment at the end of the agreement. A wide panel of lenders means there are multiple loan options to help you buy a motorhome, whether it's new or a used motorhome.

Carplus can help match you with a suitable lender and guide you through the process—start your motorhome finance journey with us today.

Motorhome finance options

Carplus will help you apply for motorhome finance and match you with the right finance product through our panel of lenders.

You might eye a Bailey Adamo, a sleek Rapido Serie C, or a family-favourite Elddis Autoquest. These models span low-profile A-class to coach-built designs, and we’ll help you find the right finance package for any of them.

We offer finance to suit a wide range of circumstances. You could have a limited deposit, or be starting your first motorhome purchase. We’ll help you discuss your requirements and find a suitable package from our finance company partners.

There are two main types of motorhome finance options available:

Personal Contract Purchase (PCP) finance

PCP finance gives you flexibility at the end of the agreement. You can return the motorhome back, start a new plan using any equity, or make a final payment (also called a balloon payment) to keep the vehicle.

You’ll pay monthly instalments based on the value of the motorhome at the end of term. This means lower monthly costs, but you’ll need to stay within the agreed mileage and fair wear and tear standards. You may be required to cover a purchase fee if you want to keep the vehicle.

Hire Purchase (HP) finance

Hire purchase splits the total amount into fixed monthly instalments. You’ll make monthly repayments over an agreed term. At the end, you’ll pay a purchase fee to take full ownership of the motorhome.

HP works well if you plan on owning a motorhome long-term. It's also ideal if you're happy with set mileage and fewer final costs. You may need to pay an initial deposit upfront.

What vehicles do we finance?

Motorhomes

Motorhomes combine travel and home comfort in one vehicle. They’re built for longer trips and come with sleeping areas, kitchen space, and a bathroom. We’ll help you arrange motorhome finance that fits your budget, covers the total amount, and works with your credit score. Whether you're buying new or used, we’re here to make the process clear and simple.

Caravans

Caravans are towed holiday homes, ideal for families, couples, or solo travellers. They're available in various sizes and layouts to suit how you like to travel. Through caravan finance, you can spread the cost with monthly payments that fit your budget.

Campervan

Campervans are smaller than motorhomes and easier to drive. They come with essential living space, often including a bed, cooker, and storage. Many drivers choose a campervan for its flexibility and compact design. We offer campervan finance options that let you buy with confidence and plan your monthly instalments in advance.

Bad credit motorhome finance

You can still get motorhome finance with a bad credit score. You’ll likely see higher interest, need a larger deposit, and have fewer lenders to choose from.

At Carplus, we help people who’ve had financial difficulties in the past. We know your credit history doesn’t define your future.

Missed payments, arrears, or a CCJ might make many lenders reject your application. At Carplus, we act as your credit broker, not a lender. We search across a limited number of lenders who provide funding and specialise in bad credit motorhome finance.

Your credit score won’t block all options. Our team highlights lenders that weigh current income and affordability more than past problems. We explain clearly where it’s tougher—how interest will rise, deposit size may increase, and repayment terms may shorten.

We guide you through boosting your chances. We’ll help improve your credit score, advise on saving a deposit, and suggest considering a joint hire to boost approval odds.

We handle your paperwork, complete the application form, and ensure you understand any charges that may apply and the total amount repayable. Our process includes a soft credit check, so your score won’t be affected too much.

Start with a quick online quote. We’ll find the best deal, support you through every step, and help you move into your motorhome with confidence.

No deposit motorhome finance

You can still apply for motorhome finance without a deposit. Some lenders in our panel offer no-deposit deals, depending on your credit score and overall financial situation. We’ll check what’s available and guide you through the criteria.

If you don’t have savings or a vehicle to part-exchange, we’ll help you explore other ways to finance a motorhome. Your account manager will explain how lenders assess risk and what you may be required to pay later in the term.

Finance is available, but higher interest rates or stricter terms might apply. Lenders will review your ability to make fixed monthly repayments over the full contract. It's best to check how this could affect your credit score before applying.

Am I eligible to buy a motorhome on finance?

You can apply for finance if you meet a few basic checks. We make the process simple and explain every step along the way.

To get started, you’ll need:

• A monthly income of at least £1,200
• Your full name and date of birth (you must be 18 years old or over)
• A UK driving licence
• A mobile number and email address
• Your residential address (you must have lived in the UK for 12 months or more)
• Details of your employment or income source
• Confirmation of your residency status

You can apply online in minutes. We’ll review your information, confirm how much you want to borrow, and guide you through the rest. If you meet the criteria, we’ll introduce you to a limited number of lenders that match your profile.