Car finance

Financing your car at JW Autos couldn't be easier. From rates of 12.9%, we can offer low monthly cost finance options from trusted lenders such as Motonovo, Blue Finance and Oodle. Simply find the car you're interested in on our website and you'll be able to use our handy finance budget calculators to find the best deal to suit you. You can then check your eligibility by completing a soft credit check that does not affect your credit score or complete a full finance application online ready for when you come down to our dealership.

So whether you complete a finance application on our website, or wish to do this in-store, we can offer same-day car finance so you're able to drive away in your new car once approved. It's as simple as that. 

It’s advised that you schedule an appointment before 3pm to ensure the finance is authorised in time if you wish to apply in-store. 

Our team is on hand to help you find the best deal suited to your needs. 

What car finance options do we offer?

We offer both HP and PCP finance options that can be tailored to you. You can use our online calculator to adjust your deposit and repayment period to find the best finance offer for you, or we can help you find the best deal for you in-store. Find out the difference between HP finance and PCP finance below:

Hire Purchase (HP)

HP is available on a wider range of cars than PCP and is an ideal option for those who would like to own the car at the end of the finance agreement. The Hire Purchase finance option allows you to pay an initial deposit and choose a set number of monthly payments over an agreed period. Once your finance term ends, you will then legally own the car. Advantages of a Hire Purchase (HP) finance option include:

• No mileage limits over the course of your agreement
• The car is yours at the end of the agreement
• No balloon payments 

The monthly price you pay will be dependent on the car's price, the deposit amount and the length of the finance term. Paying a larger deposit will result in lower monthly costs. 

Personal Contract Purchase (PCP)

If you're looking for higher spec vehicles with a higher price tag, or want to chop and change your cars regularly, then PCP may be the alternative option for you. Used car PCP finance requires you to put down an initial deposit and set a number of monthly payments. However, with PCP finance, once the agreement comes to an end, you'll have an optional final payment (also known as 'balloon payment') that's based on your car's Guaranteed Minimum Future Value (GMFV). This value is influenced by the mileage of the car, so a mileage limit will need to be agreed upon the start of the contract. You have the option here to decide to keep the car (whilst paying or financing the final payment), or you can return the car and look at something new. Advantages of Personal Contract Purchase (PCP) finance option include:

• Swap your car for a new one every few years
• Lower monthly costs than HP with the car's value deferring the optional final payment
• The worry of the car's depreciation won't matter to you as you don't need to sell it on at the end

If you want to find out more about our finance options, then please call our friendly team on 01634 215481.

What do I need to bring with me to finance a car?

For us to complete a finance application in-store, we need the following: 

• Driving licence
• A passport (as a secondary form of ID)
• A recent bank statement (issued within the last 3 months)
• A recent utility bill (issued within the last 3 months)
• Your bank details (including your name, account number and sort code)

What is the maximum finance contract length you offer?

Our maximum finance agreements range up to 60 months. 

How old do I need to be to finance a car? 

 Any form of credit is only available to individuals over the age of 18.