When you take out car finance in the UK, you have several important rights and protections under consumer law. Here’s a summary of your rights: 1. Right to a Cooling-Off Period If you're not satisfied with the deal or change your mind, you can cancel most types of car finance agreements within 14 days of signing the contract. This cooling-off period typically applies to hire purchase (HP) and personal contract purchase (PCP) agreements. If you cancel, you’ll need to return the car and pay for the mileage and any reasonable wear and tear. You may also have to pay any finance costs for the time you’ve had the car. 2. Right to Information and Transparency The finance provider must give you clear and understandable terms about the agreement, including: Total cost of credit (including interest) Monthly payments and the length of the agreement Any fees, charges, and penalties The annual percentage rate (APR) you’re being charged You should receive an initial disclosure document before signing anything, outlining all costs and terms. 3. Right to Reclaim Mis-sold Finance (Unfair Practices) If the finance company misled you or failed to disclose important information (like hidden charges), you have the right to complain and potentially reclaim payments. The finance company must treat you fairly and not engage in unfair or aggressive selling practices. 4. Right to Withdraw from the Agreement After Delivery After delivery of the car, you usually have 14 days to return it if you have used PCP or HP finance. However, you may still have to pay for the mileage and any damage caused. 5. Right to Repair or Replacement If the car has a fault that is not due to wear and tear and appears within the first 30 days, you have the right to request a repair, replacement, or refund. After 30 days, you still have the right to a repair or replacement under the Consumer Rights Act 2015, but it may not be an automatic right to a refund. 6. Your Right to End the Agreement Early Under the Consumer Credit Act, you can pay off your car finance early at any time. You’re entitled to a reduction in the amount you owe based on how much of the loan you've paid off. Under the law, if you’ve paid more than 50% of the total amount owed, you can return the car to the finance company (known as voluntary termination) and walk away from the contract without any further financial obligations, other than any missed payments. 7. Right to Voluntary Termination (VT) If you’ve paid at least 50% of the total finance amount (including interest, fees, and any deposit), you have the right to voluntarily terminate the agreement and return the car without further payment. You’re still responsible for damage or excess mileage, but this can be an option if you can no longer afford the payments. 8. Repossession and Default Rights If you miss payments and the finance company takes legal action, they can repossess the car. However, they must follow proper procedures and give you notice. Repossessing a car is a last resort. If you’re struggling with repayments, it’s best to contact the lender early and try to come to a repayment arrangement. If your car is repossessed, you might still owe money, depending on how much you've already paid. 9. Right to an Accurate Credit Report The finance company must report any missed payments or defaults to credit agencies. If you feel this information is inaccurate, you have the right to dispute it and have it corrected. 10. Right to Receive a Refund (If the Finance is Faulty) If you have a problem with the finance agreement itself (such as hidden fees or incorrect terms), you can request a refund. If you feel the deal was unfair or deceptive, you can take the matter to the Financial Ombudsman Service. 11. Protection under the Financial Ombudsman Service (FOS) If you're unable to resolve a dispute with the finance company, you can escalate the issue to the Financial Ombudsman Service. The FOS can help mediate and resolve complaints between you and the lender. 12. Right to a Replacement Vehicle Under Warranty If your car breaks down or is faulty within the warranty period, and the car finance provider or the dealer is responsible, they may be required to replace the car or offer a repair under the Consumer Rights Act. In short, UK law ensures that consumers are protected when entering into car finance agreements, especially when it comes to clear information, fair treatment, and options for resolving disputes. If you're unsure about anything or feel you're being treated unfairly, it's worth seeking advice from Citizens Advice or the Financial Ombudsman Service.

In the UK, the minimum age to apply for car finance is 18 years old. However, lenders may have their own specific criteria, and many will also check your credit history, income, and employment status when considering your application. If you’re under 25, some lenders may be more cautious due to a perceived higher risk, so you may need a strong credit score or a larger deposit to increase your chances of approval.

The application process for car finance with a provisional licence is similar to that for a full licence holder. The applicant will need to provide personal details and information about the vehicle they wish to purchase. The lender may then conduct credit check and assess the application against their lending criteria. In conclusion, while obtaining vehicle finance with a provisional licence in the UK is certainly achievable, it requires careful preparation and an understanding of the potential challenges. Prospective buyers should focus on building a good credit history, ensuring they have a stable income, and be prepared for the possibility of needing a joint application. By meeting these requirements, motorists can get on the road and behind the wheel of their own car while they work towards obtaining their full driving licence.

The brokers we use have anywhere between 10 to 20 lenders. However they will only conduct a soft search so it doesn't effect your credit file.

Yes. If you have just passed your test or you are renewing your licence, as long as you have your pass certificate and Passport you can still proceed.

There are thousands of dealerships in the UK we work with and not all deliver, however we will always ask the question to make life easier for yourself.

Our brokers work with thousands of dealerships in the UK and consistently do checks to maintain a high quality of customer service. The agent will advise you if they can work with dealership suggested, as we have your best interest at heart.