How to finance a used car | AA Cars

Not everyone can afford to buy a car in one lump sum. And for a lot of people, finance is the only way to get the vehicle they want.

Although more common for new cars, financing for used cars is a good way of getting your next motor. And you can buy the car you’re after, with affordable monthly payments, by using our finance service.

Not sure if it’s right for you? Here’s how to finance a used car.

Can I afford a finance package?

If you’re can’t buy a car outright, try working out how much you’d be able to afford per month instead. You’ll need to take interest into account, too – especially if you’re financing the vehicle over a longer period of time. 

By going for a finance package, you can factor it into your monthly budgets. That way you can drive the car as soon as the package has been agreed, and pay it off in your own time. 

Can I choose different finance options?

Much like with a new car, you can get a used car on Personal Contract Purchase (PCP) or Hire Purchase. Or you can apply for a personal loan to buy the car outright before repaying the loan.

With a personal loan, you own the car as soon as you pay for it. Make sure you budget paying the money back to the bank in instalments.

How much can I borrow?

Our finance service offers you a personal loan. With the help of Evolution Funding, we can help you work out how much you can afford to borrow and the amount of time to repay it.

Our eligibility checker can help you find a finance package, and it won’t affect your credit score.

You’ll need to enter how much money you need to borrow, the time you’d be happy to repay the loan over and what your credit score is. Then you can apply for the finance deals and, if your application’s successful, buy the car and drive away.

Depending on the time frame you choose to pay the money back over, you’ll have to factor in how much interest there is. But this can be a more affordable way of getting a car than buying a new car outright.

And because our finance service works together with our used car search, you can get your next car and finance package all in the same place.


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