Zopa Logo My Account Discover your personalised car finance rates We offer some of the best hire purchase finance rates online. Checking your rates won't affect your credit score. TrustPilot LogoAn illustration of the Trust Pilot LogoTrustPilot Five star ratingAn illustration of five stars I want to get a loan for: Term APR Monthly cost 2 years 13.9% £475.82 Select this loan for 2 years at a monthly cost of £475.82 with an APR of 13.9% 3 years 13.9% £337.35 Select this loan for 3 years at a monthly cost of £337.35 with an APR of 13.9% 4 years 13.9% £268.70 Select this loan for 4 years at a monthly cost of £268.70 with an APR of 13.9% 5 years 13.9% £227.97 Select this loan for 5 years at a monthly cost of £227.97 with an APR of 13.9% Representative example A loan of £10,000 over 5 years will cost you £227.97 per month at a representative 13.9% APR. The total cost after 5 years is £13,678.24, which includes £3,678.24 interest at 13.9% fixed and a £0 fee. The total amount of credit is £10,000. The rate you are offered will depend on your individual circumstances. Get my personalised rates We’re Zopa Zopa car finance takes the guesswork out of buying a car. By financing your car directly with us, you’ll get a fair deal and a competitive rate, with no hidden costs. Our application process takes the hassle away. Even better, we can approve you, so you can go into the showroom knowing how much you can afford. Choose your dream car at the dealership you prefer, and we’ll background check both, so you can buy with confidence. We’ll even pay the dealer ourselves, leaving you to skip to the best bit – taking your new car out for a spin. Choosing the right finance for you At Zopa, we offer two ways for you to finance your car: through an unsecured personal loan or hire purchase. This is the page for hire purchase, but you can also apply for an unsecured personal loan How hire purchase works at Zopa 1 Tell us how much you'd like to borrow. 2 We'll check you meet our lending criteria and if so, we'll approve you with a guranteed interest rate. 3 Visit your favourite dealer and choose a car, knowing what you can afford. 4 Once you've chosen, if the car and dealer pass our checks, we'll pay them direct. 5 Pay back the finance monthly, including interest. When you've repaid in full, you'll own the car. It's important to remember that these are secured loans, which means you don't own the car straight away and it can be repossessed if you fall behind on payments. Our simple guide to buying a car New vs used? Dealer vs private sale? Could the real running costs come as a shock? There's a lot to consider when you buy a car. Our free guide gives you the lowdown. See the guide British Bank Awards Award-winning loans In 2021, Zopa was named as the British Bank Awards’ Best Personal Loan Provider for the fifth year in a row. Organised by the Smart Money People, the awards are voted for and decided by the people that matter most, our customers. We’re hugely proud of winning this award again, so thank you to everyone that voted for us! See our awards People often ask us What's the difference between an unsecured car loan and hire purchase car finance? Are there set-up fees, early repayment fees or late payment fees? Is there a balloon payment? Will I own the car? What is hire purchase finance? "Thanks to its clever use of technology – including an initial 'soft' credit check that does not impact on someone’s credit rating – Zopa is able to offer pre-approval for up to 65 per cent of applicants, in as little as 12 seconds. In a market where lending approval can take days, that’s an important advantage." WHAT WE DO Car hire purchase Car loans Debt consolidation loans Home improvement loans Wedding loans Peer-to-peer investments Innovative Finance ISA Credit cards Fixed Term Savings ABOUT ZOPA About us Our story Meet the board Meet the leadership team Awards Careers Blog Complaints Press office LEGAL Privacy notice Cookie policy Conflicts policy Modern slavery Terms of use Investor principles NAVIGATION Help Sitemap Zopa Logo Zopa Limited is authorised and regulated by the Financial Conduct Authority, and entered on the Financial Services Register (718925). Zopa Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). Zopa Limited (05197592) and Zopa Bank Limited (10627575) are both incorporated in England & Wales and have their registered office at: 1st Floor, Cottons Centre, Tooley Street, London, SE1 2QG. © Zopa Bank Limited 2021 All rights reserved. 'Zopa' is a trademark of Zopa Bank Limited. Zopa is a member of Cifas – the UK’s leading anti-fraud association, and we are registered with the Office of the Information Commissioner (ZA275984, Z8797078).