Hire Purchase Car Finance
- Get a decision in minutes
- Free vehicle history and valuation check
- All credit histories considered
No impact on your credit score
Zuto is a credit broker not a lender. Our rates start from 10.9% APR, representative 19.7% APR.
How Zuto works
Apply Online
Using our simple application form, we will need a few details to provide a personalised quote.
Compare Hire Purchase Deals
We’ll search our panel of lenders to find the best deal to suit your needs.
Choose your car
Whether you've already found a car or want to browse our verified dealers, we'll run a free vehicle and history check for you.
Drive Away
We’ll take care of everything with the lender and arrange payment to the dealer so all you need to do is collect the car.
Why choose Zuto
£0 Deposit Hire Purchase Options
Many of our lenders offer zero deposit options to help spread the cost.
Providing HP Car Finance since 2006
We're HP specialists and work with some exclusive lenders you can’t find anywhere else
Drive Away Within 7 Days
We go at your pace, but on average, people have their new car within a week.
Expert Advice
Our team of car finance experts provide advice and guidance throughout the whole car buying process.
Flexible Terms
We offer flexible finance options including repayment terms tailored to your individual circumstances.
Convenience
Our easy online application process means you can start the car finance process anywhere!
Frequently asked questions
Why choose HP car finance?
Hire purchase finance is our most popular product for used cars and generally simpler to understand than PCP car finance.
- Own the car at the end of your agreement (unlike pcp)
- There are no mileage restrictions unless agreed
- No large final payment, once the term of your agreement is over you will own the car.
- You can spread the cost over 1-5 years.
How does HP car finance work?
- Choose a car - once you’ve been accepted, we’ll help you find a car and a finance agreement that works for your monthly budget.
- Make regular monthly payments over a fixed period until the full amount is paid off.
- Own the car once all payments are complete, as the ownership transfers to you.
Do I need a deposit to be accepted?
No, a deposit could be beneficial but many lenders may approve you without one.
Can I get HP car finance if I have bad credit?
Yes, we can help people with a less-than perfect credit history. You may still find that you are not offered the great rates that someone with an excellent credit history might get, but we may still be able to find a finance option that suits your circumstances.
What if I don’t know how much I want to borrow?
Rest assured, when you enter your details in our application form, the amount you request is just a guide—you can adjust it later if needed. The amount you choose to borrow won’t affect whether you’re pre-approved. We partner with a wide range of lenders and will tailor a deal to suit your budget and ensure it remains affordable for you.
What is HP car finance?
In its simplest form, HP (hire purchase) finance is a type of car loan that allows you to pay for a car in fixed monthly payments over a set period of time. You will then own the vehicle outright after the final payment.
Zuto is credit broker, not a lender. Zuto Limited is authorised and regulated by the Financial Conduct Authority, registration number 452589. All finance is subject to status and income.
Applicants must be 18 or over, terms and conditions apply, guarantees and indemnities may be required. Certain exclusions for NI residents. Zuto won't charge you anything for our service but we will receive a commission from the lender which varies based on the product, amount borrowed or your credit score. This doesn't affect the amount you pay. Written quotation on request.
Our rates start from 10.9% APR. The rate you are offered will depend on your individual circumstances. Representative Example: Borrowing £8,000 over 60 Months with a representative APR of 19.7% the amount payable would be £204 a month, with a total cost of credit of £4,219 and a total amount payable of £12,219.
