Call Us

Car Finance Explained

We are guessing there are a few questions you have about car finance? Here at London Motor Company, we think it should be simple and easy to understand, so we have put together our most asked questions below. If you read through them and still have more questions, please get in touch with a member of the team who would be more than happy to help.

What is car finance?

Car finance is a way of funding your next car. Instead of paying for it in one big chunk, you spread the cost over a number of months as detailed in an agreement. A lender pays for the car to be purchased and you pay them back each month. There are different types of finance to suit your needs.

Could I be eligible?

To see if you are eligible, complete our two-minute application. We look at each one individually, so even if you have been refused for finance in the past or you have bad credit, we still may be able to help.

What if I have bad credit?

We work with a number of different lenders, some of which specialise in offering bad credit car finance. Get in touch or complete the application form and we can discuss what it is you are looking for. If you want to find out more about bad credit car finance, we have a whole section which you can click on at the bottom of the page.

What types of finance are available?

What types of finance are available will depend on your circumstances, but typically we can source PCP, HP and bad credit car finance. Follow the links at the bottom of the page to find out more about each type of finance.

How does it work?

It's quick and easy!

1 - Apply for finance on our website with our two-minute application. We aim to get back to you within the hour to chat about your application and the options available to you.

2 - If you are approved for finance by one of our lenders, we can set about writing up the agreement and getting the wheels in motion.

3 - Find your car out of a huge range available here at LMC, if you haven't done so already. If you're spoilt for choice, one of the team will be able to help you and find the one that is just right for you.

4 - Once all the paperwork is signed and your car is ready, you are free to drive away. Remember if ever you do need anything, we are only a phone call away.

How do I find out more?

You can complete our application or get in touch with a member of the team who can talk you through the process.

Reserve your vehicle for just £99 today!

Open for Click & Collect and also Click & Deliver

  • A fully refundable £99 reserves any of our cars for 3 days.
  • 90 day warranty & roadside assistance
  • 75 Point Check on Every Vehicle
  • Free Nationwide Delivery
  • Personalised videos available on request