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Car Finance in Bolton

Rates from 9.9% APR.
Representative APR 12.4%

Evolution Funding logo for car finance broker

Part of Evolution Funding, the UK’s largest motor finance and technology provider.

Welcome to Bolton

Whether you’re looking to hit the M61 in a brand-new model or you need a used vehicle for your commute to Horwich, Westhoughton or Farnworth, funding a car is expensive.

After a house, a car is the second highest purchase you’re ever likely to make, so not many drivers have the upfront cash.

That’s where Bolton car finance can help. In essence, car finance allows you to borrow an amount of money against the purchase of a vehicle. You then pay this money back via a series of monthly repayments, plus interest. It’s an affordable, accessible way of funding your next set of wheels.

My Credit Rating

Excellent

  • You are a home owner
  • You have been on the electoral role for a long period of time
  • You have current credit arrangements and mortgage with no defaults
  • You have no CCJs, credit arrears or missed payments
  • You rarely apply for credit
  • You are employed or self-employed

Good

  • You are on the electoral role
  • You are a home owner or long standing tenant
  • You have a stable employment history
  • You have current credit arrangements with occasional missed payments
  • You have no CCJs

Fair

  • You are or have recently been on the electoral role
  • You may have recently changed address
  • You may have occasional missed payments
  • You may have an old CCJ
  • You may have regularly applied for credit

Poor

  • You may have had frequent changes in address
  • You may not be traceable on the voters roll
  • You may have exceeded credit card limits
  • You may have missed payments on current agreements
  • You may have had a CCJ in the past

Bad

  • You may not be traceable on the voters roll
  • Your credit cards are over their limits
  • You have recent CCJs
  • You may have been refused credit elsewhere
  • You may be in a debt management plan
£

X monthly repayments of
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 12.4%, annual interest rate (fixed) 12.36%, 47 monthly payments of £196.44 followed by 1 payment of £206.44 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,939.12, total amount payable is £9,439.12.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

What is car finance?

Car finance is a catch-all term that refers to a type of credit agreement used to fund the purchase of a vehicle. There are many different types of car finance, and the right one for you will depend on your needs.

White audi purchased using car finance

With car finance, you borrow a pre-determined amount of money. You then pay this loan off via affordable monthly repayments directly to the lender. The lender owns the vehicle outright until you’ve paid off the entirety of the borrowed amount, plus interest. In the meantime, you have full use of the car, just as if it’s yours.

By breaking down the cost of the car into affordable monthly repayments, you can get behind the wheel without paying a hefty upfront cost.

One of the best things about car finance is the diversity and flexibility of agreements. Factors like your monthly payments, interest rate, the agreement’s terms, and any options you have at the end of term will all depend on which car finance is right for you.

Don’t forget to check out our car finance jargon buster. You’ll face plenty of acronyms and buzzwords in your search for car finance in Bolton, but the process doesn’t have to be confusing – and with our helpful guide, it won’t be.

What are the benefits of car finance in Bolton?

There are two main reasons why Bolton drivers are increasingly turning to car finance to fund their next set of wheels – flexibility and accessibility.

Different motorists have different motoring needs. Some drivers are looking for an agreement like PCP or personal contract purchase, which allows them to trade up for newer, higher spec vehicles on a semi-regular basis. Others want an agreement like hire purchase (HP), where they will own the car outright at the end of term.

Colourful my car credit behind red Renault purchased using poor credit car loan

At My Car Credit, we offer a range of car finance agreements. From Whitefield to Atherton, we know that no two Bolton drivers are the same. That’s why we take pride in the range and quality of our car finance agreements, and the ease of our car finance application process.

Car finance in Bolton can all be secured online. My Car Credit’s application process is one of the simplest and speediest around.

You’ll get a no obligation quote in minutes and can make the decision about advancing your application there and then.

We won’t hook you with an attractive but inaccurate rate – with us, the rate you see is the rate you get. We’ll give you a real decision based on your unique personal circumstances and credit profile.

Our initial application is a soft search, meaning it won’t impact your credit score initially. However, if you do have a poor credit rating, we can even work with you to help secure car finance. By making your monthly repayments to schedule and in full, you’ll be improving your overall score. This may in turn make you a more attractive future loan candidate.

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How to find car finance in Bolton

Secure a fast online decision on car finance by filling in My Car Credit’s car finance calculator. All you have to do is provide details like the amount you might be looking to borrow and some personal information. We’ll then perform a soft credit search which won’t impact your credit rating. From there, you’ll receive a no-obligation quote in minutes – it’s as easy as that.

At My Car Credit, our goal has always been to help drivers find car finance as easily and speedily as possible. We’re here to help you buy the car you want at the budget you can afford, no matter your credit score.

As part of the UK’s largest motor finance broker, we can leverage our award-winning technology and broad lender panel to improve your chances of being accepted for car finance in Bolton.

We don’t mind if you secure your finance before searching for your next set of wheels, or if you find a vehicle and then apply.

But if you are shopping around for both your car finance and next set of wheels, we’ve established great relationships with over 5,500 reputable car dealers across the UK. As such, you can find both your finance agreement and nearly-new or used car with us, via one convenient one-stop shop.

Get approved for car credit from My Car Credit

Get approved online

Our online application form takes mere minutes to complete, and will give you an instant, no-obligation quote based on the information you provide us.

Red car purchased using car finance from My Car Credit

Find your next car

Now you’ve got a sense of how much you can borrow, you get to go shopping. Your assigned Car Credit Specialist can guide you through the process as you need help.

sign and collect for your new car bought with car finance

Sign the paperwork and collect your keys

We’ll manage liaison between the lender and dealer. Once you’ve signed your documents, you’re good to collect your new car.

my car credit adviser for car finance

Find 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.

my car credit adviser for car finance

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.