How Long Does It Take to Buy a Car?

Pregnant lady using phone to find a car

On the hunt for a new – or nearly new – set of wheels and wondering how much time it might take to buy one? It’s definitely not a task for your lunch break, as there are a number of variables which will impact how long it takes to buy a car. We look at the main factors to consider below.

Buying a car – what to consider 

After a house, buying a car is likely to be the second largest purchase you ever make. For that reason, it’s important not to rush it. In fact, 2020 research by Cox Automotive Research & Market Intelligence found that people are in the car buying ‘market’ for an average of 89 days.  

That might seem like a long time, but in reality, purchasing a car is a fairly time-consuming activity. Variables such as the below will impact exactly how long it takes to buy a car. 

Research 

First up, you’ve got to do your research. Is safety your priority, or are speed and style more important? What’s your budget, and what kind of financing do you need? Are you heading to a dealership, or are you okay with a private seller? 

This period can take the longest, and be a real time-sap – if you allow it to be. Answering these questions before beginning your research can help to streamline it. Plus, if you know what you want from the off, you’re less likely to spend time negotiating with the salesperson as they try to upsell expensive add-ons and features. 

Shopping around 

As we say above, you can speed the process up by going into the shopping process with a clear idea of what you want. Don’t forget to include test drive times in your shopping timeline – this will usually be around 30 minutes or so per test drive.  

It’s worth setting aside a day or two for the actual shopping part. Heading to different dealerships allows you to gauge which will offer you the best price and/or financing, helping you secure a deal that works for you.  

Remember that buying a new car will likely be faster than a used car. It may take longer to find a used model that you’re happy with, and you’ll also need it to be evaluated prior to purchase. A trade-in will also extend the buying period. 

Paperwork 

You can speed this process along by heading to the dealership or private seller with the following: 

  • Your licence
  • Registration 
  • Any agreed payment details including financing 
  • Proof of insurance 

Going in with your paperwork will speed up purchasing time, as you won’t be haggling with dealers over the specifics and any credit check and ensuing agreement will already have been pre-established.  

Car finance doesn’t have to take so long! 

Looking to cut down how long it takes to buy a car? You can use My Car Credit’s car finance calculator to get a no-obligation quote for car finance within minutes. Plus, if you have questions about the buying process, our friendly team are always on-hand.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

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 13.9%, annual interest rate (fixed) 13.85%, 47 monthly payments of £201.38 followed by 1 payment of £211.38 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £2,176.24, total amount payable is £9,676.24.

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

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

When is the Best Time to Part Exchange a Car?

Lady with car keys knows when is the best time to part exchange a car

Part exchange – also known as PX – is a hugely popular way for Brits to sell their car. It allows you to avoid the hassle of privately selling. Furthermore, you can use your current car to partially finance a new vehicle.

There are real benefits to part exchanging a car. As such, the best way to take advantage of these is to part exchange your car at the right time. That’s why we’ve outlined exactly when that is below, as well as detailing what to consider if you are thinking of embarking on a part exchange. 

What is a part exchange? 

Put simply, a part exchange is when you use your current car as partial collateral for a new one. You’re essentially trading your current car in for another – usually more expensive – vehicle and using it to finance that purchase. 

How does a part exchange work? 

Typically, a dealer will evaluate your current vehicle. Once this value has been confirmed and settled upon by both parties – that is, you, as the seller, and the dealer, as the buyer – then the dealer will take the value of your current car off the price of the new one.  

By part exchanging, you’re therefore partially covering the cost of your new vehicle with the total value of your old. The state of your current vehicle will inevitably impact its valuation by the dealer – as will the time of the year when you choose to part exchange. 

When is the best time to part exchange a car? 

New number plates are released in the UK twice a year. This happens in the months of March and September. One of the best times to part exchange a car can therefore be February and August – the months prior to these new release dates.  

That’s because buyers will tend to wait until these new releases, which can result in slow sales for dealers. Dealers may therefore be more willing to offer a good deal – or at least to negotiate – around these months. 

How to ensure your current car holds its value 

There are a number of factors that could impact the dealer’s evaluation of your car. 

Damage 

This is an obvious one, but any damage to your vehicle’s wheels, paintwork, or body can impact its value. Dents and scratches can deplete this by hundreds of pounds, so the condition of your vehicle is vital in securing a part exchange that is financially beneficial for you.  

If you’re time-strapped and haven’t managed to get your car in for a service, be sure to do your research and know how much the repair of a dent or scratch would cost. You can then ensure that any salesperson doesn’t deduct any higher than this number.  

Keep on top of your MOT and service  

A full service history adds value to a car, so keeping a record of this is essential. In fact, an incomplete service history can deplete your vehicle’s value by up to 10%.  

You also want to ensure that you have more than three months left on your MOT, and make sure you’ve kept hold of any spare keys. 

Low mileage 

Models with low mileage, exciting add-ons, or unusual colours may add value to your car. It’s worth bearing in mind what kind of car the dealership is after – there’s no point offering your Mini to a dealership that specialises in Range Rovers. 

Remember to negotiate 

Remember to go in with confidence but be prepared to haggle. Negotiations are always a component of a part exchange. That said, it’s important to feel that you’re being heard and not taken for a drive (pardon the pun).  

Walk away from the conversation if it’s not going anywhere and re-evaluate your options. Dealers are there to make money and get the best deal possible, which may end up with you feeling short-changed. Remember that it’s always an option to sell your car privately – although this will require more effort on your part. 

Financing your purchase 

Part exchange will cover some of the cost of your new car. You can maximise how much it covers by knowing the best time to part exchange a car. But for the rest, you’ll usually need to call on car finance. 

That’s where My Car Credit can help. Our friendly team can advise on car finance eligibility, before finding a great deal to help you spread the cost of your purchase. Contact us today on enquiries@mycarcredit.co.uk to find out more. 

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

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 13.9%, annual interest rate (fixed) 13.85%, 47 monthly payments of £201.38 followed by 1 payment of £211.38 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £2,176.24, total amount payable is £9,676.24.

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

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

Is It Worth Buying a Car Over 100K Miles?

Car on road trip doing high miles

With the average new car costing between £12,000 for small models and £35,000 or more for more luxurious rides, many motorists opt for a second-hand vehicle. There are big savings to unlock, particularly if you’re willing to opt for an older and well-used vehicle with more than 100K miles on the odometer. This is an option that many Brits embrace, with the latest statistics suggesting used car sales outpace new car sales by around three to one in the UK.

So, is it worth buying a car over 100K miles? Below, we look at the pros and cons of purchasing a high-mileage car.  

Understanding the miles/age ratio

Before we get started, let’s take a moment to define where a car with 100K+ miles on the odometer sits on the condition scale. As a general rule, a five-year old car should have done around 75,000 to be classed in “average” condition. Anything over is considered a “high mileage” while anything under is considered in “good” or “excellent” condition.

Another factor to consider is the age of the car as this can have a significant impact on overall condition and performance. Many modern cars may have more than 100K on the odometer but will still be in great condition with lots of life left in the engine. This is because newer models feature more advanced technology. A 2019 model that’s done 100K will likely offer better longevity than a 2016 model with 100K and will be priced accordingly.

The pros of buying a car with 100K miles

There are plenty of plus points to enjoy when purchasing a high-mileage vehicles, with some of the best spotlighted below:

Lower purchasing price

The cost of buying a new car has increased exponentially over the past few years. This means most Brits need to take out credit to get behind the wheel of a new car. When you buy a second-hand vehicle with 100K+ on the odometer you can drastically reduce the cost of ownership. Some people choose to pay with cash, allowing you to eliminate debt completely. If you don’t want to pay for your second-hand vehicle outright and plan to take advantage of low-interest car loans, the lower price tags of vehicles with 100K miles keep your payments low and affordable.

Lower depreciation

It’s not unusual for the value of a brand-new car to decrease by up to 30% in the first year of ownership. In the first five years, the value of the car will likely drop by 50% or more. By opting for an older vehicle, you’re avoiding this initial depreciation. Furthermore, the ongoing rates of depreciation tend to be lower for cars that have done 100K miles or more. This means that in a few years, you may be able to sell the car for a similar price to what you purchased it for. In some cases, you may even be able to secure a higher price.

Cheaper insurance

High purchase prices generally translate to bigger insurance bills. One of the main benefits of buying a second-hand car with 100K+ is the big savings you’ll enjoy from your insurer. Older and more utilised vehicles are a lower risk for insurers, which means your monthly premiums will drop to reflect this.

The cons of buying a car with 100K miles

While there’s lots to love about buying a car with 100K miles, there are also some cons to consider.

No complimentary servicing

One of the major benefits of purchasing a nearly-new car is the warranty and complimentary servicing that’s often thrown in by the dealership. When you purchase a second-hand vehicle with more than 100K miles on the odometer, chances are the car is no longer under warranty and has exceeded its free servicing timeline or mileage limit. This means any work done on the car will need to be paid for out of pocket.

Heavy wear and tear

There’s no two ways about it – cars with 100K+ on the odometer have racked up a lot of time on the roads. This means the engine and all other components have been put through their paces. For example, a car with 100K+ miles may have been used as a taxi or rideshare vehicle. In some cases, this can make second-hand cars a risky purchase as they may be well past their prime. 

Restrictions on finance

Bearing in mind the point made above about wear and tear, this can make a car with 100K+ on the clock a poor prospect for car finance lenders too. It will be much harder to find a lender prepared to finance your car. As such, this could limit your options if you do wish to go down the finance route. Most lenders will stipulate that your proposed car must have done under 100K miles.

The bottom line on buying a car with 100K miles

Is it worth buying a car over 100K miles? The answer depends on your budget, personal preferences, and what level of risk you’re willing to take on. Many British motorists choose to purchase cars over 100K miles and are very happy with their decisions. The key is to do your research and learn about the reliability of different models and how they fare after racking up 100K miles or more. When you’ve settled on a particular car, be sure to dive into its service history and do some sleuthing about its previous owner and any accidents it may have been in. This arms you with the knowledge to make an informed decision when purchasing a well-used car.

Sure, you may not get to enjoy that coveted “new car smell” when you purchase a second-hand vehicle. But the savings you can unlock are a huge bonus and are the reason many motorists decide to buy a car with 100K+ miles. And of course, you can always recreate the new car smell with air fresheners, leather conditioners and odour eliminators that will make you feel as though you’re driving straight out the showroom.

Find out what you can afford

Is it worth buying a car over 100k miles? For the right vehicle, the answer could be yes. However, the benefits of a low-mileage car are hard to resist for many motorists. If you’d like to get behind the wheel of a newer vehicle that hasn’t been heavily used, car finance is a great option. Our car loan calculator UK is a great place to start, helping you crunch the numbers and get a good idea of how far your budget will stretch with a competitive loan.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

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 13.9%, annual interest rate (fixed) 13.85%, 47 monthly payments of £201.38 followed by 1 payment of £211.38 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £2,176.24, total amount payable is £9,676.24.

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

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

What Is a Car Subscription Model?

woman on laptop googling what is car subscription model

Businesses must evolve to stay on top of their market, responding to consumer needs and trends before consumers even notice them. That’s why car subscription models have begun to gain some traction in the auto world. They’re particularly targeted at non-traditional sections of the population – most notably millennials.

Below, we outline what a monthly car subscription service in the UK might look like. By giving you the advantages and disadvantages of a car subscription model, we help you to make an informed decision regarding your car finance needs. 

What is a car subscription? 

If you use services like Netflix or Amazon Prime, you’ll be familiar with a subscription business model. A car subscription is no different. These schemes were introduced as a flexible way for consumers to lease a car. You pay a monthly ‘all in’ fee which includes access to the vehicle, insurance, road tax, and any maintenance or servicing fees. You just have to add fuel. 

The benefits of a car subscription 

Price transparency 

With a car subscription, you’re given total price transparency from the off, so you know exactly what you’ll be paying and when. This is a major appeal for many consumers, who find the schemes more manageable than navigating traditional modes of car finance. 

Bear in mind, however, that any quote provided on car finance by My Car Credit will always be transparent too. With us, the rate you see is the rate you get, and there are no hidden fees or surprise costs. 

Ease of online applications 

Millennials are the primary target audience for car subscriptions. As this cohort of people tend to be digital-savvy, they prioritise using online resources in order to shop about for products. Subscription services will tend to be made available online. Furthermore, the ultimate transaction takes place digitally too. As such, this is another reason why they appeal so significantly to this market. 

My Car Credit has been riding this wave for online car loan applications for a while. In fact, with our car finance calculator, you’ll be able to have a quote for car finance within minutes after inputting only a few personal details. From there, the application process is quick and pain-free. In fact, we receive frequent customer feedback on how simple and easy our process really is. 

Flexibility 

Car subscription services don’t have long-term contracts – they’re far more flexible. Typically, after a 30-day period, drivers can cancel the subscription whenever they please. They can also move onto an alternative model of car too. As such, subscription services are ideal for drivers who get easily bored of their wheels. 

You can usually swap car models around with some ease – depending on your subscription provider. Bear in mind, however, that chopping and changing your car around might not be suitable for all drivers. Families, for example, may want one vehicle that can be relied on to hold all of their essential kit, without regularly moving things around. 

The disadvantages of a car subscription 

Price 

A big downside for a UK-based monthly car subscription is its cost. Subscriptions are not cheap – they’re more expensive long-term than leasing, financing, or most other car finance options. In order to get the convenience of the service, you’re paying a premium – and that might be beyond your budget.  

Usage caps 

A monthly car subscription in the UK will often come with some kind of vehicle cap for the car’s usage. Essentially, you might find yourself facing restrictions with who can drive your car – and a mileage cap. If you’re a driver who needs to cover a lot of ground for your job or personal life, then a subscription model might offer serious limitations. Car finance, on the other hand, is unlikely to stipulate mileage caps of this kind. 

Can be limited 

Car subscription services in the UK have various limitations. They aren’t available everywhere, for one thing, so where you are based will dictate whether or not you have access to a scheme. 

Similarly, some car subscription providers won’t allow you to access the subscription unless you are of a certain age or have had your licence for a particular length of time. This can be off-putting for drivers who don’t fit within these stipulated brackets. 

Any questions? Speak to My Car Credit  

If you’re keen to discuss your car finance needs, you can start up a conversation with one of our friendly team today. They’ll be able to guide you through the benefits of car finance compared to a subscription model. In addition, they can address any queries or concerns you may have.  

Call us on 01246 458 810 or email enquiries@mycarcredit.co.uk and we’ll get back to you as soon as we can.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

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 13.9%, annual interest rate (fixed) 13.85%, 47 monthly payments of £201.38 followed by 1 payment of £211.38 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £2,176.24, total amount payable is £9,676.24.

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

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

What to Look for When Buying a Smart Car

Smart car driving in the city

We’ve all seen Smart Cars nipping around city streets – especially if you’ve ever visited continental Europe. They make great urban vehicles, as they’re as long as standard cars are wide. Therefore, they can park nose-first in parking spaces.

They’re nippy and – despite their size – do actually offer fairly decent boot space. In addition, they’re comfortable, with enough legroom for the average passenger. Plus, because they’re a German brand – Smart Cars are actually a division of Mercedes Benz – they’re made with care and quality.

Fans of Smart Cars are real advocates, listing the vehicle’s park-ability, nippiness, comfort, and compact size as amongst its benefits. However, as with any used or nearly-new vehicle, there are certain things to look out for when buying a Smart Car.

Buying a Smart Car: what to look for

 

Brakes

The brakes of a Smart Car are expensive. So, when you’re test driving or inspecting a model, be sure to check on the front springs, as these can break. Furthermore, ensure that you can’t hear any rattling when you go over speed bumps which might indicate wear.

Tyres

Only two companies in the world make tyres suitable for Smart Cars – and they’re not cheap. Typically, the Smart Car has rear wheel drive. The tyre on the rear passenger side will tend to wear the quickest as that’s the driving wheel. Smart Cars are one wheel drive, so check its treads when inspecting the model.

Exhaust

Find the exhaust of the model you’re looking at and gently press on it. It should feel solid, and shouldn’t rattle. In addition, when you’re driving, it shouldn’t be noisy. Replacing the exhaust flexi pipe requires taking apart a significant amount of the car’s main body, which can be an expensive and time-consuming task. As such, ensuring the exhaust is robust and working properly from the off will avoid this faff.

The ECU

The electrical components of a Smart Car are under the passenger foot bed. This means that if the passenger gets in the car with wet boots, some water can trickle down into the ECU, which will damage the car. If you find damp around that area, you can use this as a leverage to negotiate for a better price.

Miscellaneous

The older intercoolers of this car do tend to leak. Therefore, look out for newer ones, as this means the previous owner has been diligent with upkeep.

You also want to ensure that the car has previously had regular oil and filter changes. Of course, it’s also worth checking standard fare. For example, ensure the horn works, the gearbox is responsive, the engine is robust, and body parts are as they should be.

Buying a Smart Car with finance

The final thing to look for when buying a Smart Car is a finance deal that’s fair and affordable. This means you can spread the cost of your new ride. When you get a car finance quote from My Car Credit, we compare deals from a vast panel of lenders so you don’t need to shop around to get a great price.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

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 13.9%, annual interest rate (fixed) 13.85%, 47 monthly payments of £201.38 followed by 1 payment of £211.38 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £2,176.24, total amount payable is £9,676.24.

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

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

What is the Best Used Estate Car to Buy?

Estate car driving in the countryside

When it comes to space, it’s hard to beat the generous dimensions of an estate car. There are some fantastic new models on the market this year. However, you can unlock big savings by purchasing a second-hand estate car. Not sure where to start? Read on as we cover what is the best used estate car to buy. In addition, we’ll go through what to look for when browsing the second-hand market.

Getting to know estate cars

If you’re not familiar with estate cars, let us give you the lowdown. While the front of the car resembles a standard hatchback, the rear features an extended boot with a cavernous cargo area. Space is the main selling point. As such, estate cars are hugely popular among families with bucketloads of luggage, sports enthusiasts carting around bulky equipment and pet owners with a couple of four-legged friends in tow.

Fun fact – did you know estate cars, or station wagons as they’re often referred to, are named after their original purpose of ferrying passengers and luggage between railway stations and country estates?

Estate cars vs SUVs

In many ways, estate cars are comparable to SUVs as they offer far more space than the average car. Though instead of off-road styling, they champion a sleek and urban aesthetic. This means they’re just as comfortable loaded up with camping gear as they are commuting to the office on a Monday. They also feature a low-profile like their hatchback and sedan counterparts. As such, they can appeal to drivers who want extra space but don’t feel comfortable driving bulky SUVs. Fuel economy is also a factor, with estate cars generally guzzling less fuel than SUVs.

Our top 5 used estate car models

Before we get started, let’s bust some myths about the term “used”. Buying second-hand doesn’t have to mean settling for a model with more than 150,000 miles on the odometer. Though of course, if you’re on the hunt for a serious bargain this can be a good option. In many cases, buying a “used” estate car can mean getting behind the wheel of a model that’s only a year or so old. Furthermore, if you’re really looking for that new car aroma, you could even opt for a test drive model.

1. Skoda Superb Estate

Spacious and sturdy, the Skoda Superb Estate boasts one of the biggest boots in its class. Models from the last five years offer excellent fuel efficiency and are great for long-distance driving. The generously sized interior coupled with low running costs make the Skoda Superb Estate a firm favourite with families. While the Skoda Superb Estate enjoys glowing reviews from most owners, there have been reports of water leaks in the boot. With this in mind, be sure to give your used model a good once-over during the test drive. 

2. BMW 3 Series Touring

Luxury meets practicality in the BMW 3 Series Touring. Packed with high-tech features, this model treats you to all the bells and whistles you expect from BMW. It’s also easy on the eye, with the sleek design challenging perceptions of estate cars. If you’re looking for a family-friendly ride with an executive feel, the BMW 3 Series Touring will tick all your boxes. The 2020 model is available with a variety of different engines, including petrol- and diesel-powered.

3. Ford Focus Estate

What is the best used estate car to buy if you’re looking for value for money? The Ford Focus Estate builds on the success of its wildly popular predecessor. Furthermore, there are some great deals to be had when buying second-hand. Sure, it’s not the biggest or most luxurious model on the market. However, you’ll enjoy excellent handling, impressive fuel economy and some great tech features on the newer models.

4. Dacia Logan MCV

If you thought the Ford Focus Estate offered excellent value for money, wait until you meet the Dacia Logan MCV. A true bargain-basement estate car, this model is marketed as a ‘Maximum Capacity Vehicle’. Indeed, the Dacia Logan MCV offers plenty of space for passengers and luggage alike. The 2019 model boasts an impressive 573-litre boot that can handle all the golf clubs, dog kennels and flat-pack furniture you can throw at it. While the Dacia Logan MCV has now been discontinued, there are loads of used models out there and some serious deals to snap up if you know where to look.

5. Mercedes E-Class Estate

There’s plenty to love about the Mercedes E-Class Estate, including the luxurious interior and elegant styling that redefines the station wagon aesthetic. Sliding into the driver’s seat, you’ll immediately notice the intuitive cockpit features, high-quality materials and luxe leather trim. The Mercedes E-Class Estate doesn’t compromise on space. As a result, the 2016 model offers a mammoth 640-litre boot or 1820 litres with the rear seats folded down.

Choosing what is the best used estate car to buy

All factors considered, what is the best used estate car to buy? Ultimately, the best model for you will depend on your personal preferences and budget. If you’re looking for value for money, the Dacia Logan MCV is hard to beat. The Mercedes E-Class Estate promises unparalleled luxury. However, the Skoda Superb Estate is a top performer when it comes to space. When deciding what is the best used estate car to buy, we always recommend taking the time to establish your priorities, do your research and get stuck into online reviews.

When you’re ready to get behind the wheel of your dream estate car, we’re here to help. With access to one of the biggest lending panels in the UK, we have the experience and expertise to secure you the best used car finance deals. Contact us today to find out more about how to unlock the best used car finance deals in the UK.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

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 13.9%, annual interest rate (fixed) 13.85%, 47 monthly payments of £201.38 followed by 1 payment of £211.38 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £2,176.24, total amount payable is £9,676.24.

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

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

How Does a Monthly Car Subscription Work in the UK?

woman researching on laptop monthly car subscription in UK

Monthly car subscriptions are on the rise in the UK automotive industry. But what are they and how do they work? In this quick and easy guide, we’ll answer all of your burning questions. 

What is a car subscription scheme? 

The likelihood is that you already use a subscription-based service for your entertainment needs. Think Netflix, Prime or the latest UK addition, Britbox. 

Monthly car subscription schemes in the UK are no different. You’ll pay a monthly fee for the car itself, as well as incidental costs like registration, maintenance, roadside assistance, and liability insurance. All you have to do is add fuel.  

What this means is that you have a more flexible way of making use of a car. Much like a lease, you don’t own the vehicle, but will make a monthly payment. This flexibility means that you can usually stop and start the service whenever you like – some providers have a thirty-day initial period – and you can swap out different models as you please.  

Inevitably, your contract length and type will vary depending on the provider. There are often new and used cars available, and the car’s age, value, and the length of your lease will determine your subscription fee.  

How does car subscription work? 

Different car subscription schemes will work in different ways, as you might imagine. Typically, however, you can take out a car subscription in the following steps: 

1. Join up online 

The car subscription industry is digitally led – it was designed to disrupt traditional car sales, after all. Many providers have apps that you can use to start the process, where you’ll need to upload your driving licence and specify the kind of vehicle you’re looking for. There’ll also be a credit check performed at this point. 

2. Secure the service 

Once checks have been performed and your application has been approved, you can pay a deposit and the first month’s payment. You’ll then also sign your electronic documents and decide whether or not you want to collect your car yourself or have it delivered. If you opt for delivery, it will usually be with you within 2 to 3 days of your initial enquiry. 

3. Delivery or collection 

Whether you choose to have the car delivered or collect it yourself, there’ll be someone to chat through the controls with you and check the model over. You’re then free to hit the road. 

Who provides monthly car subscription in the UK? 

There are a number of different car subscription providers in the UK. These include Wagonex, Cocoon Vehicles, Lease Plan, Elmo, Flexigo Cars, Flexed, Drive Car Flex, Cazoo, and Onto. There are also branded services offered by Audi, BMW, Citroen, DW, Jaguar, Land Rover, Mini, Volkswagen, and Volvo.  

As this industry is digitally savvy and disruptive, there are increasing numbers of emerging companies looking to stake their claim. As such, it’s important to invest your time in researching each one, in order to establish which best meets your particular requirements and needs. 

Car subscriptions: the advantages and disadvantages 

Whether or not you deem a car subscription scheme to be worth it depends on your unique circumstances, and whether you can find a provider that matches those. 

There are certainly advantages to these schemes. They’re easy to apply for – typically the process is exclusively online – and are very flexible. Users avoid long-term contracts and can often swap models around to try different vehicles as they want. Subscriptions can typically be cancelled with ease too, and are convenient, as consumers have all of the faff of car ownership managed by the service provider. It also means they don’t have to have the capital to pay upfront costs for a vehicle. 

However, car subscriptions also have disadvantages. The provider will conduct a credit search, for example, which may result in your application being rejected if your score isn’t great. At My Car Credit, we only perform a soft credit check for our car finance initially, and it won’t impact your score.  

Similarly, subscription schemes are expensive. Because you’re paying for the convenience, they’re pricey, and they can be limiting with mileage caps or age restrictions. Insurance can also become complicated – some providers will cover it but won’t necessarily allow you to take the vehicle abroad or allow another driver under the premium. Constantly swapping cars in and out can result in personal hassle and be a pain if you’re reliant on filing paperwork for parking permits. 

Monthly car subscription vs UK finance 

Car subscription schemes aren’t for everyone. Ultimately, it comes down to what works best for you. If you decide on the latter – namely, finance – My Car Credit is on hand to help you find a great deal, whatever your credit score. 

Call our team today on 01246 458 810 or email enquiries@mycarcredit.co.uk.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

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 13.9%, annual interest rate (fixed) 13.85%, 47 monthly payments of £201.38 followed by 1 payment of £211.38 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £2,176.24, total amount payable is £9,676.24.

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

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

What are the Benefits of a 4-Wheel Drive?

Isuzu demonstrating the benefits of 4 wheel drive

Brits love to get behind the wheels of 4-wheel drives, with models like the Kia Sportage and Nissan Qashqai some of the best-selling cars in the UK. These tough and capable vehicles offer a huge range of benefits, from extra boot space to increased traction in dangerous driving conditions.

Thinking about making the upgrade to a 4WD? Read on as we spotlight the main benefits of 4-wheel drive cars and how they can drastically improve your on-road experience.

Gear up for off-road adventures

4-wheel drives take you beyond the city and unlock access to off-road tracks and trails. As well as improved grip and traction that helps you plough through challenging terrain, four-wheel drives can still power ahead when only one wheel is touching the ground. This is a huge benefit when you’re attempting to navigate rugged terrain that leaves one or more wheels off the ground.

If you’re looking for the ultimate adventure-ready vehicle, there’s no looking past a 4WD. The Land Rover Defender is a classic choice, with an iconic boxy design and serious off-road capabilities. Tough and capable, it will have you powering through soft sand, splattering through mud and splashing through river crossings with ease. Of course, if you plan to take your 4WD off-road it’s important to have the skills and knowledge you need to stay safe while you explore. Signing up for a basic 4WD course is a great way to gain confidence behind the wheel and learn how to safely navigate tough terrain.

Extra space and capacity

One of the biggest benefits of a 4-wheel drive is increased space and capacity. Models are generally larger and more spacious than regular 2WD cars, with many offering extra seats in the back to increase capacity to seven people. You’ll also enjoy more leg room and head space than smaller models, giving them an inherently luxurious feel. 4WD boots are practically cavernous, with models like the Range Rover Evoque offering a huge 591-litre capacity, increasing to 1383 litres with the rear seats down. If you want the flexibility to move furniture, throw the bikes in the back or load up the car with camping gear, there’s really no substitute for a 4WD.

Low fuel consumption

While 4-wheel drives tend to harbour a reputation as gas guzzlers, newer models are surprisingly efficient. In fact, thanks to new engine technologies many new 4WD models offer better fuel efficiency than older 2WD models. 

Upgrade to a plug-in hybrid (PHEV) and you’ll unlock a whole new level of efficiency. The Mitsubishi Outlander is one of the best-selling PHEVs in the UK and boasts fuel economy of 139.7mpg, CO2 emissions of just 64g/m and an irresistible price tag. The Volvo XC60 T8 is another excellent choice, with great eco credentials and a more luxurious build.

All-terrain flexibility

Four-wheel drives aren’t just for off-road use, with many models designed with urban driving in mind. Sure, some people love the power and grit of models like the Mercedes-Benz GLS but you’ll also see some excellent compact choices on the market that offer all the benefits of a 4-wheel drive without the bulk.

For example, cleverly designed models like the MINI Countryman combine compact urban-friendly styling with 4WD grunt. High suspension and an optional four-wheel drive system mean this model is just as comfortable on the motorway as it is off-road.

The grippy all-wheel drive system of the Fiat Panda transitions from the city to the countryside with ease, with models like the Mazda CX-30, Suzuki Ignis and Jeep Renegade offering similar compact 4WD appeal. Depending on the model and manufacturer, there may also be the option of switching between 2WD and 4WD. This ‘on demand’ system allows you to customise your ride depending on the terrain and driving conditions. 

Improved traction in tough conditions

Generating power from all four wheels improves traction and control in challenging driving conditions like snow and ice. This makes 4WDs a popular safety upgrade for families with young kids. If you live in an area with lots of winter snowfall or often find yourself navigating icy roads, four-wheel drives can be a great way to stay safe year-round. 4-wheel drives are generally heavier than their 2WD counterparts which translates to better grip on the road in wet or icy conditions.

Elevated driving position

4WD vehicles are taller than their 2WD counterparts which means you’ll enjoy an elevated driving position. This improves visibility on the road and can help make you feel safer and more comfortable behind the wheel.

Towing power

As well as featuring larger builds, 4-wheel drives generate power from every wheel which significantly increases towing capacity. If you’re looking for a vehicle that’s powerful enough to tow a trailer or caravan, a 4WD is a natural choice. Models like the Land Rover Defender, Mitsubishi Shogun and Jeep Grand Cherokee offer some of the most impressive towing capacity credentials on the market and can easily tow caravans weighing more than 3500kg.

Try the benefits of 4-wheel drive for yourself

Ready to make the upgrade to a 4WD? At My Car Credit we specialise in securing finance for applicants of every calibre. Whether your credit rating is excellent, lacklustre, or somewhere in between, we have the knowledge and expertise to secure you the best car finance deals in the UK.

With access to one of Britain’s biggest lending panels, we have the flexibility to match you with the best loan for your unique needs. So, whether you’re looking for a top-of-the-range model or a budget-friendly option, let us help you upgrade to a 4WD.

Use our car finance checker or get in touch today to find out more and start enjoying the benefits of a 4 wheel drive.  

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

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 13.9%, annual interest rate (fixed) 13.85%, 47 monthly payments of £201.38 followed by 1 payment of £211.38 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £2,176.24, total amount payable is £9,676.24.

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

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

Should I Buy a Second Hand Diesel Car?

Diesel Car driving on motorway

With the British government pledging to ban sales of new petrol and diesel cars by 2030, many motorists are questioning if it’s worth purchasing a fossil fuel powered vehicle. The short answer is yes, for many motorists purchasing a second-hand diesel car is a smart and eco-friendly choice. While diesel engines do harbour a dirty reputation, in reality they’re often cleaner and more affordable than petrol. Of course, credentials depend on variables like the year, make and model of the car and how you plan to use it. 

Should I buy a second-hand diesel car? If you’re weighing up your options, this article is for you. Read on as we navigate the pros and cons of buying a second-hand diesel car and take a look at some key factors to consider.

Emissions and environmental footprint

Emissions are one of the biggest factors to consider when shopping for second-hand diesel cars. While models manufactured in the early 2000s or before will generally offer disappointing emissions, purchasing a second-hand diesel car that’s only a few years old leaves a much lighter environmental footprint.

In 2017, the European Union introduced strict new Euro 6d-TEMP emissions testing mandating that diesel engines be fitted with Selective Catalytic Reduction (SCR) systems to break down NOx. So, if you purchase a diesel car manufactured after 2017 it will run much cleaner than a pre-2017 model.

According to the RAC, the average diesel car manufactured in 2020 has average emissions of 165.5g CO2/km. While this isn’t a gold-standard level it’s nowhere near as high as the emissions you’ll release by driving an older diesel car. In comparison, new petrol cars emit an average of 149.0g CO2/km, while new hybrid electric (HEV) cars emit 125.6 g CO2/km and Plug-In Hybrid Electric (PHEV) emit just 43.4g CO2/km.

BMW manufactures some of the cleanest diesel cars on the market, with the 3 Series one of the most popular models. MINI is another great option, with low NOx emissions and excellent fuel efficiency. Toyota, a long-standing eco innovator, also manufactures some great low emission diesel cars loved by eco-conscious drivers across the UK. The diesel-powered Ford Fiesta is another top contender, with the 2021 model clocking in CO2 emissions of just 82g/km. If you can get your hands on a used 2021 model you won’t have to compromise on emissions at all. In fact, you’ll be driving one of the most eco-friendly cars on the road.

Should I buy a second-hand diesel car if I want to reduce my emissions? The short answer is yes, so long as you carefully consider emissions and choose the newest model you can afford.

Fuel efficiency

Diesel offers more energy per litre than traditional petrol, meaning diesel-powered cars tend to offer excellent fuel economy. As a general rule, diesel cars use between 15 and 20% less fuel than petrol-powered vehicles. For example, the 2020 Kia Ceed 1.6 CRDi boasts fuel economy of 72.4mpg, making it one of the most efficient diesel cars on the market. This doesn’t translate to higher emissions, with the model clocking just 102g CO2/km. The Citroen C4 Cactus 1.6 offers similar fuel economy of 70.6mpg, while the Vauxhall Corsa 1.3 CDTI increases slightly to 78.5mpg. On long journeys where speed is kept high and constant, fuel economy increases to 88mpg.

Petrol prices

Price differences between petrol and diesel may be a factor for some people when purchasing a second-hand car. Diesel tends to be slightly more expensive than petrol, though only by a few pence. That said, while you’ll likely pay more to fill up your diesel tank, the fuel economy savings cancel out the extra cost at the forecourt and make diesel cars cheaper in the long run. For example, driving a diesel-powered BMW 1 Series 116d SE for 10,000 miles might cost around £830. The same model featuring a petrol engine would cost around £1,120, making diesel cheaper overall.

Road tax

Road tax can add a significant amount to the cost of owning a car, so it’s worth factoring in when shopping for diesel-powered vehicles. Rates are calculated using CO2 emissions and the age of your car. If your diesel car was registered after April 2017 when the EU introduced Euro 6d-TEMP emissions testing, tax will likely be cheaper.

Torque and power

Diesel engines tend to offer more torque than petrol-powered counterparts, making them a great option for towing caravans and trailers. This makes second-hand diesel cars a popular choice with motorists looking for towing power. Diesel engines also offer faster acceleration which can make overtaking slightly easier.

Making your choice

Should I buy a second-hand diesel car? Ultimately, the choice is yours. Whether you choose to purchase a second-hand diesel vehicle, opt for a traditional petrol-powered car or upgrade to an EV or hybrid will depend on your own unique preferences and priorities.

Before making a decision it’s important to do your research and track down a model that works for you. Do you prioritise low emissions over power and torque? Maybe you want to drive the most fuel-efficient car possible or slash your road tax rates? Taking the time to research second-hand diesel car options is the best way to ensure you make the right decision.

When you’ve settled on a model, you can search on our own used car stock list to see what’s available or choose from any reputable dealer. My Car Credit is here to help you secure the best car finance deals in the UK. With access to one of the country’s largest lending panels, we have the experience and expertise to track down tailored car finance rates, coupled with help and support every step of the way. Using our car loan APR estimator, you can find out how much you can borrow and what it will cost in a matter of minutes. Get in touch today to find out more and get behind the wheel of your dream second-hand diesel car.   

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

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 13.9%, annual interest rate (fixed) 13.85%, 47 monthly payments of £201.38 followed by 1 payment of £211.38 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £2,176.24, total amount payable is £9,676.24.

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

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!

Best Used Car Websites – Our Top 5

Person browsing the internet for the best used car websites

In many ways, finding and buying a used car has never been simpler thanks to the internet. Gone are the days when you came across second-hand vehicles with For Sale signs by the side of the road. Today, you pop online and search for them via the web and get access to thousands of results in a matter of seconds.

However, this is part of the problem. How do you know which website to trust and which to avoid? It’s an age-old question, but thankfully, My Car Credit has the answers. All you need to do is use our top five recommendations for the best used car websites, all of which you can find below.

1.   Cazoo

Cazoo is a specialist in all things used car-related. Its unique selling point is that it offers its customers the entire package, from the motor itself to finance, delivery services and part exchanges. That means Cazoo is your one-stop-shop for all your vehicle requirements if you can’t afford to waste time and mess around with quotes from different providers.

There are 250 makes and models to choose from, so a lack of options is never an issue. Plus, reliability is a strong point because Cazoo owns all of its cars, which means it can give them a rigorous check before selling. Something interesting to watch out for is the subscription model of motoring, a market Cazoo welcomes with open arms.

2.   Cinch

Cinch is another new motoring company that is performing well within a saturated market, hence it making our list of best used car websites. Part of the reason for this is that Cinch sticks to the basics, which is something customers love because it removes any confusion. You can expect any vehicle you look at to be no older than seven years old, travelled fewer than 70,000 miles, and pass a 225-point quality check.

Probably the biggest selling point for Cinch is its 14-day money-back guarantee that allows you to return your purchase for any reason within the deadline. Finance is available too, such as HP and PCP, as is a part-exchange. However, the latter is only for people who have bought an online model.

3.   AA Cars

When you see AA, you know you can trust the brand. AA Cars is no different as the operator is one of the biggest classified platforms in the UK. This is down to the strict criteria that sellers must meet if they are allowed to advertise on the website. But this doesn’t put many individuals or companies off. Far from it. Typically, there are over 150,000 adverts from franchised and independent dealers, meaning you get an incredible combination of variety and peace of mind.

While AA Cars isn’t a vehicle seller, it does supplement its listings with accessories drivers need, such as breakdown cover and a vehicle history check. Most cars come with a 128-point check and an extensive report.

4.   CarShop

CarShop has been one of the UK’s leading car supermarkets since 1997, making it the most established on our list of best used car websites. And, because it’s been servicing the industry for decades, it understands what features to focus on. For example, there is a 14-day money-back guarantee, similar to Cinch’s. It is worth pointing out that this is double Cazoo’s.

Next, there is a 586-point inspection, which is a couple of hundred points greater than its rivals. Of course, PCP and HP finance packages are also provided.

The best feature is the £99 refundable deposit you can put down to reserve a car. Whether you end up buying it or not, the reserve means you have the flexibility to shop around without missing out on suitable deals. No other used car website has this bonus, which is why it’s so impressive.

5.   My Car Credit

We’d be silly if we didn’t include ourselves on a list of best used car websites! The reason being, as well as comparing finance deals across a large panel of lenders, My Car Credit wants to make it easier to ensure your next car is the right car. Using our My Car Search, you can find a quality used car in the same place you complete a car finance soft credit check.

All dealers are regularly vetted for financial stability and customer service in line with the Financial Conduct Authority. It’s simply a case of finding your favourite make and model from a wide selection of cars.

To find out more about My Car Credit and how we can help you, simply call us on 01246 458 810 or email enquiries@mycarcredit.co.uk.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

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 13.9%, annual interest rate (fixed) 13.85%, 47 monthly payments of £201.38 followed by 1 payment of £211.38 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £2,176.24, total amount payable is £9,676.24.

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

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!