Part of Evolution Funding, the UK’s largest motor finance and technology provider.
Buying a car is a big investment, and for many people in Bolton, paying outright isn’t an option. This is where car finance comes in. It’s a manageable way to spread the cost of a vehicle through monthly payments.
Whether you’re commuting along the A580 to Manchester or heading out for a scenic drive towards the West Pennine Moors, having the right car makes all the difference.
At My Car Credit, we simplify car finance in Bolton. Our goal? To make it easy to secure a deal that fits your budget and credit profile. As part of Evolution Funding, the UK’s largest motor finance broker, we connect you with a wide panel of lenders to boost your approval chances and help you find competitive rates.
Why choose us for car finance in Bolton?
Finding the right finance deal is just as important as finding the right car. Here’s why My Car Credit stands out for drivers in Bolton:
Support for all credit profiles
Your credit score doesn’t have to hold you back with a good car finance company in Bolton. Whether you have excellent, fair or poor credit, we work with lenders who consider a range of financial backgrounds. Our soft credit check won’t affect your credit score, so you can check your eligibility without risk.
- Prime lenders offer lower interest rates for those with a strong credit history.
- Mid-range lenders cater to those with fair credit who need a competitive deal.
- Specialist lenders focus on applicants with bad credit or limited borrowing history, helping you secure finance even if traditional banks won’t approve your application.
If you’re worried about past credit issues, we specialise in bad credit car finance in Bolton, working with lenders who provide fair and transparent solutions. How do we find the perfect match? Alongside high street banks and mainstream lenders, we also work with specialist finance providers to give you a better chance of approval, even if the usual routes haven’t worked out. So, whether you’ve missed payments in the past or have limited credit history, we help find a way forward.
Competitive rates and transparent terms
We believe in keeping finance simple. Our rates start from 9.9% APR, with a representative APR of 10.9%. No hidden fees, no confusing terms. You’ll know exactly what you’re paying each month, so you can budget with confidence.
Trusted dealer network in Bolton
Finding the right car is just as important as securing the right finance. That’s why we partner with over 4,500 UK dealerships, including many in Bolton and Greater Manchester. My Car Search gives you access to quality, vetted vehicles at reputable locations.
Even better, it means you won’t have to travel to John o’ Groats to find a reliable car. Instead, head to local dealerships in areas like Crompton Way, Manchester Road and Higher Bridge Street. Or if you fancy travelling a little further, expand your search to dealerships in Greater Manchester and Lancashire.
Whether you’re after a small city car for navigating the town centre, a practical family SUV for weekends in Peak District National Park or a fuel-efficient model for daily motorway commutes, our dealer network has options to suit.
Flexible finance options
We understand that no two Bolton buyers are the same. That’s why we offer flexible finance deals, allowing you to:
Customise your loan amount
With My Car Credit, you’re not limited to a one-size-fits-all loan. We offer finance for a broad range of budgets, with loan amounts typically starting from £3,000 up to £50,000 or more, depending on the lender and vehicle. Whether you’re financing a reliable used Ford Fiesta for Bolton’s bustling town centre or a luxury BMW for regular trips down the M61, we help you find a loan amount that makes sense for your budget.
Enjoy flexible repayment terms
Our repayment terms range from 24 months to 60 months. Shorter terms (2-3 years) suit those who want to pay off their car quickly and avoid long-term interest. Longer terms (4-5 years) help spread the cost into smaller, more manageable payments.
Finance new or used cars
With finance secured, you can choose from thousands of vehicles, new and used, from the best car finance lenders in Bolton. We also work with a nationwide network of over 4,500 dealers, so you’re not restricted to just Bolton. You can find the perfect car anywhere in the UK.
Car finance options available in Bolton
Finding the right finance option depends on your budget, driving habits and long-term plans. Here’s a closer look at the different options, and which might suit you best:
Hire purchase (HP) finance
HP with a car finance company in Bolton is ideal for those who want to own their vehicle outright at the end of the agreement. Bolton drivers who travel frequently (for instance commuting into Manchester or driving around the north-west for work) often prefer HP for its straightforward structure.
- Fixed monthly payments with no surprises.
- No mileage restrictions, making it great for long-distance drivers.
- Ownership guaranteed once the final payment is made.
- HP suits drivers who want long-term reliability and full control over their vehicle.
Personal contract purchase (PCP) finance
PCP finance offers lower monthly payments and greater flexibility at the end of the contract. At the end of a PCP agreement, you can choose one of the following:
- Return the car and walk away.
- Pay the final balloon payment to own the vehicle.
- Part-exchange the car for a newer model.
If you like to upgrade your vehicle every few years, PCP makes this more affordable. It’s popular with Bolton motorists who want newer models without the long-term commitment.
Used car finance in Bolton
Opting for a used car can save thousands compared to buying new. Used cars:
- Depreciate more slowly, helping retain value.
- Offer lower monthly payments for the same model.
- Come in a wider range of choices, with finance-friendly options available from some of the best car finance lenders in Bolton.
If you’re looking for used car finance in Bolton, our panel of lenders can help you secure a deal that works for your budget.
Bad credit car finance in Bolton
If you have a poor credit history, car finance might still be an option. In fact, many Bolton motorists have rebuilt their credit by making consistent repayments on a financed vehicle.
At My Car Credit, we work with lenders who specialise in bad credit finance, considering factors beyond just your credit score. Our soft credit check lets you explore options without impacting your credit report.
Apply online
Our quick online application takes minutes. A soft credit check means checking eligibility won’t affect your score.
Choose your car
Browse car dealers in Bolton (or expand your search to the north-west and beyond) and find the right car for your needs.
Sign and collect
Once approved, we handle the paperwork, so you can drive away or arrange delivery to your home.
Who can get car finance in Bolton?
Car finance isn’t just for those with perfect credit or a steady salary. First-time buyer? Self-employed? Have a less-than-perfect credit history? There are finance options to fit. Here’s a closer look:
First-time buyers
Buying your first car? Many Bolton University students and young professionals opt for finance to spread the cost of a car without a large upfront payment.
Good or excellent credit
Drivers with good credit enjoy lower interest rates and more flexible terms, making finance even more affordable.
Poor credit histories
Finance isn’t off-limits just because of past financial difficulties. Many lenders offer tailored solutions to help you get on the road.
Self-employed or freelancers
If you’re self-employed in Bolton, proving income can be trickier, but not impossible. A good car finance company in Bolton will consider various income sources to make finance accessible for freelancers, contractors and Bolton business owners.
Why choose used car finance in Bolton?
Whether you need a small hatchback for town driving or a 4×4 for navigating rural roads, used finance deals keep costs down.
- Lower purchase price – A used car costs significantly less than a new model, making finance more affordable. Use our car finance calculator to get a better idea of what you can afford.
- Slower depreciation – New cars lose value quickly, but a used car holds its value better, meaning you won’t take as big a hit if you sell or part-exchange in the future.
- Lower monthly payments – Because used cars are cheaper than new ones, financing a used model often means smaller, more manageable payments.
- Wider choice of models – You can often afford a higher-spec vehicle or a better-equipped car when buying used.
- Lower insurance costs – Used cars generally have lower insurance premiums, making them a cheaper option overall.
- Access to reliable, well-maintained vehicles – Many used cars come with full service histories and dealer guarantees.
Apply for car finance in Bolton today
Looking for a car finance company in Bolton? My Car Credit can help. Our application process is quick, hassle-free, and won’t impact your credit score. With a soft credit check, you can explore your options risk-free before making a decision.
Apply online today to see what finance deals are available to you. Need a hand? Our finance specialists are on hand to offer personalised advice. Whether you prefer to speak over the phone or reach out via email, we’re here to guide you every step of the way.
Frequently asked questions
What is car finance?
Car finance is a type of financial product that allows you to spread the cost of purchasing a vehicle over time.
Can I get car finance in Bolton with bad credit?
Yes! Our bad credit car finance options help you secure a deal, even if your credit history isn’t perfect.
What types of car finance agreements are available?
We offer hire purchase (HP) and personal contract purchase (PCP) to suit different budgets.
Do I need a deposit?
Some lenders require a deposit, but zero-deposit finance is available depending on your circumstances.
How long does approval take?
Most applicants receive a finance decision the same day.
Is used car finance cheaper than new?
Yes. Used car finance in Cardiff tends to be cheaper as cars cost less upfront and depreciate more slowly.
Secure car finance in Bolton with My Car Credit
No matter your credit profile, My Car Credit can help you to secure car finance that works best for you.
Kickstart your car finance journey today by emailing enquiries@mycarcredit.co.uk or use our online application form for a no-obligation quote.