Hire Purchase – or HP – is a type of car finance that lets you spread the cost of a car over an agreed length of time, after which you'll own the car outright.
Personal Contract Purchase - or PCP - is a flexible finance agreement that allows you to hand the car back, own it outright or trade it in for another at the end.
Refinance is the process of taking out a new finance agreement so you can pay off your current loan and switch to a new lender.
Our calculator will estimate how much interest you'll be paying and how much your payments might be each month.
Use our early settlement calculator to estimate the outstanding amount on your current HP or PCP agreement.
See if you’re eligible for a car loan - it's fast, free and has no impact on your credit score.
See what other people say about their Carmoola experience
Testimonials
New car owners are loving how easy it is to get car financing and driving off in their new wheels
Ibukunoluwa Aina
15 October, 2024
Got my car without hassle. Thank you as I am ready to refer all my friends.
Jamie Albutt
15 October, 2024
Kat
15 October, 2024
Quick, efficient and just absolutely effortless
Daniel
15 October, 2024
Chris Broad
15 October, 2024
This service has to be the best I've ever used for car finance. It is so easy, you literally fill in the details and submit and the money is sent to the dealer in super quick time meaning you can collect you new car quickly, easily and without the usual faff.. Brilliant!! The app is very user friendly and easy to navigate around. I'd highly recommend Carmoola and will certainly use again!
Ryan Howe
14 October, 2024
Nice and easy service from start to finish and any stumbling blocks were ironed out instantly!
Full process was so simple from start to finish, Thank you !
Ivan Chan
14 October, 2024
Jason
14 October, 2024
Great Company, Great People, veey attentive and only want to the best for you, cannot praise them enough! Best car Finance 🚗 company.
Partha Mohanty
14 October, 2024
Completed payment to re finance my car in under 15mins
Steven Longmuir
14 October, 2024
Pay for your car with a plan that suits you.
Representative 13.9% APR
Carmoola is a trading name of Carmoola Limited which is registered in England & Wales, under Registered No. 12992987. Its Registered Office is First Floor, 1 Whittlebury Mews West, Primrose Hill, London, NW1 8HS. Carmoola Limited is authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 958057), and a member of CIFAS (the UK’s leading fraud prevention service).
Registered with the Information Commissioner’s Office in compliance with the Data Protection Regulations 2018 under registration ZA905089.
Finance is subject to status and is only available to UK residents aged 18 and over. Carmoola is committed to responsible lending.
To get in touch, email us at support@carmoola.co.uk
If you are struggling with, or worried about debt, MoneyHelper provide free support.
Copyright © Carmoola All Rights Reserved