Rates from 2.8%, Representative APR 12.2%
Providers Motiv work with include:
Representative example: if you borrow £10,000 over 48 months on a Hire Purchase agreement, your regular monthly payment would be £261.38. The total amount payable would be £12,556.18 including your regular monthly payments and a £10 option to purchase fee. The total cost of credit would be £2,556.18. Representative 12.2% APR, annual interest rate of 11.6% (fixed).
If you're over 18, live in the UK and looking to understand how you could buy a used car with finance, then this service is for you. Whether you know the exact car you're looking to buy, or just have a rough spending budget in mind, Motiv can check for products personalised to you.
Motiv check a wide panel of independent finance providers and various different types of finance including Personal Loans, Hire Purchase, Personal Contract Purchase (PCP) & Hire Purchase Balloon. This unbiased comparison combined with the fact that Motiv's lenders offer finance directly to consumers like you, mean there is a chance you will save money compared with dealer finance. Also - given the wide lender panel, Motiv may be able to find suitable products for more consumers than a dealer could.