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Car Finance in Colchester

Rates from 9.9% APR.
Representative APR 12.4%

Colchester Car Finance
Colchester Car Finance

Car Finance in Colchester

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 Colchester

Finding Colchester car finance can be stressful. From establishing which kind of car finance agreement is right for you, through to shopping around different dealerships, the whole process can be time consuming. And even after you think you’ve secured a deal that works for you, you may find yourself faced with unexpected payments and cumbersome paperwork.

At My Car Credit, we’ve worked hard to make car finance in Colchester both easy to find and quick to secure. We’ve worked with motorists from Colchester and beyond to help them find a car finance agreement that suits their unique needs. Read on to find out how we can help you.

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 are the benefits of car finance?

Most drivers don’t have the cash to pay for a car upfront. Cars are expensive – in fact, they’re usually the second highest purchase you’ll ever make, after a house. Even if you’re not going for a brand-new model, buying a car can still be beyond many people’s means.

White audi purchased using car finance

That’s where car finance can help. There are different types of car finance, which is a catch-all term referring to a credit agreement that’s specifically designed to help fund a car purchase. With car finance, you borrow a certain amount of money, which you repay via a series of affordable monthly instalments, plus interest. You also have full use of the vehicle during this time.

Car finance agreements are highly flexible, and there are different options depending on each driver’s needs and circumstances. At My Car Credit, we understand that different Colchester drivers have different needs and circumstances. Our aim is to help you secure the car finance deal that is best suited to you – we don’t go in for a ‘one-size-fits-all’ approach.

What’s more, our application process is all online, and only takes minutes to fill out. You tell us a bit about yourself and the kind of car finance you might be looking for, and we’ll then give you a no-obligation quote. We’ve created car finance for Colchester motorists that’s both accessible and affordable – with us, the rate you see is the rate you get.

Map Icon

Where can you find Colchester car finance?

Gone are the days of having to travel between dealerships to find a suitable car finance agreement.

From Colchester proper through to Boxted and Wivenhoe, you can find car finance online with My Car Credit. We want to get you behind the wheel of your new car as quickly as possible, so we’ve streamlined our online application process to be both simple and speedy to fill out. We’ve minimised the red tape and eradicated surprise fees.

Once you’ve told us about yourself and the kind of Colchester car finance you might want, we’ll give you a no-obligation quote in minutes. If you’re happy to proceed with the application and we deem you an ideal candidate, we’ll then leverage our network of UK-wide lenders to find you the most suitable agreement terms. Then, when you have a sense of the budget and terms you’re working with, you can then start your search for your next set of wheels.

We’re also happy to work with Colchester drivers whose credit scores might not be ideal. Our initial credit check is a soft search, meaning that it won’t impact your overall score. Plus, by making your monthly repayments in a timely fashion, you’ll actually be improving your credit rating over time, putting you in an ideal position for future loan applications. It’s the perfect car finance for poor credit applicants!

If you’re looking to secure both your car and car finance in one go, we can also help. Check out our one-stop shop of quality pre-approved new and nearly-new vehicles to speed up the process of getting behind the wheel.

We’ve also got a team of friendly specialists on-hand to address any queries or concerns you may have throughout the process. No question is too small, so reach out today to see how we can help.

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

Find Colchester car finance by following these steps

Get approved for car credit from My Car Credit

Fill in our online form

 You’ll provide us with personal details and a bit of information, then outline the kind of car finance that would suit you. From there, we perform a soft credit check, and you’ll receive a no-obligation quote in minutes. Because it’s only a soft check initially, there’s no impact on your credit score.

Red car purchased using car finance from My Car Credit

Find your new car

If we decide that you’re a viable loan candidate and you’re happy with the agreement, we’ll advance the application, which does include a hard credit check. You’ll get a sense of the timeframe and budget of the agreement, and can shop around for your next set of wheels. Don’t forget that we’ve also got a choice of pre-approved cars to choose from.

sign and collect for your new car bought with car finance

Collect your keys

We’ll coordinate any last-minute liaison with the lender. Once everyone’s happy, you can collect your new car keys and hit the road. All you need to do from there is make the agreed monthly repayments, which are fixed for your entire term with no hidden costs – and enjoy your car, of course.

my car credit adviser for car finance

Secure Colchester car finance with My Car Credit

It’s never been easier to secure car finance in Colchester than with My Car Credit. We provide drivers with accessible, affordable car finance that accommodates their unique needs and circumstances.

From start to finish, you can expect your car finance application to be simple and transparent. That begins with our simple car finance calculator, which will give you an estimated cost per month based on your credit score, loan amount and repayment term. And it extends to the moment you get your finance and buy your next car. With us, the rate you see is the rate you get.

Most importantly, our friendly team of specialists are on-hand to answer any questions you may have, every step of the way. Contact us today by emailing enquiries@mycarcredit.co.uk and kickstart your journey to securing Colchester car finance.

my car credit adviser for car finance

Secure Colchester car finance with My Car Credit

It’s never been easier to secure car finance in Colchester than with My Car Credit. We provide drivers with accessible, affordable car finance that accommodates their unique needs and circumstances.

From start to finish, you can expect your car finance application to be simple and transparent. That begins with our simple car finance calculator, which will give you an estimated cost per month based on your credit score, loan amount and repayment term. And it extends to the moment you get your finance and buy your next car. With us, the rate you see is the rate you get.

Most importantly, our friendly team of specialists are on-hand to answer any questions you may have, every step of the way. Contact us today by emailing enquiries@mycarcredit.co.uk and kickstart your journey to securing Colchester car finance.