Used Car Finance

What’s your monthly budget?

Rates from 9.9% APR. Representative APR 13.9%. We are a credit broker, not a lender.

Representative example: Borrowing £7,500 over 60 months with a representative APR of 13.9%, flat rate of 7.25% and deposit of £0.00, the amount payable is £170.98 per month, with a total cost of £2758.68 and a total amount payable of £10,258.80.

Simple, accessible used car finance

Quality used cars on accessible finance plans are our bread and butter. With thousands of in-stock options ready for same-day collection, you could drive away today with one of our used car finance deals.

Can you get a used car on finance?

Absolutely. Used car finance is massively popular in the UK because it makes getting your next car easy and, most importantly, affordable. Even the cheapest used cars cost a decent chunk of money, and if you don’t have that sort of cash lying around – or you’d rather not pay full price up front – a car finance plan will spread the cost of your purchase over a few years of manageable fixed monthly instalments.

Our used car finance options cover thousands of cars, all major finance types and cater to all customers, including those facing financial difficulties. It’s the foundation of what we do at Hippo – and we can’t wait to help you find your new car.

The benefits of used car finance

Financing a used car with Hippo comes with plenty of perks:

A used car finance deal offers you the most affordable route to driving a new car, with limited (or no) upfront costs and affordable monthly payments.
As bad credit specialists, our used car deals offer you the best chances of approval.
We offer no-deposit deals on all our used cars.
Our Used Car Promise, which includes a 130-point quality check, 3-month warranty, 14-day money-back guarantee and minimum 6-month MOT as standard, offers you complete peace of mind when buying second-hand.
We’ve got thousands of used cars in stock today, plus we can source virtually any car you want if you can’t find what you want in our range.
Flexible finance plans mean you can find a deal that makes sense for you financially and practically.
Used cars generally lose value more slowly than new ones, so you can worry less about depreciation and resale if you end up buying the car.

How does financing a used car work?

Our used car finance process is simple:

Pick from thousands of options across our used car range, or give us a call and tell us what you’re looking for.

Most people go for PCP or hire purchase (HP), but we offer alternative options like conditional sale and personal loans, too.

Choose the deposit amount, contract length, and mileage allowance (if relevant) that fits your needs.

With thousands of used cars ready for same-day collection and nationwide delivery available on all models, you could have your new car sorted in a matter of hours.

Types of used car finance

We offer all major finance types (as well as some less common ones) with our used cars. You’ll most likely end up going for one of the following:

Personal contract purchase (PCP)

Hire purchase (HP)

Similar to PCP but structured to take ownership of the vehicle (rather than have the option to) at the end of the deal.
Choose a contract length and upfront deposit amount.
Fixed monthly payments for the duration of the deal.
Own the car at the end of the deal with no large balloon payment to pay like with PCP.

Conditional sale (CS)

Very similar to hire purchase, but with no additional fees or admin requirements to own the vehicle.
Choose a contract length and upfront deposit amount.
Fixed monthly payments for the duration of the deal.
Ownership of the vehicle is transferred upon the final monthly payment.

Personal loan

Very similar to hire purchase, but with no additional fees or admin requirements to own the vehicle.
Choose a contract length and upfront deposit amount.
Fixed monthly payments for the duration of the deal.
Ownership of the vehicle is transferred upon the final monthly payment.

Can I finance a used car if I've got bad credit?

Bad credit car finance is at the heart of what we do. We’re one of the nation’s leading specialists in bad credit and zero deposit finance, and we firmly believe that everyone deserves to find an affordable finance deal on the car they want.

Used car financing is the easiest route to approval for customers with poor credit. We also work with a selected group of lenders who are more open to working with customers with financial issues – boosting your approval chances.

So, if you’ve faced financial difficulties – or you’re dealing with problems related to car finance directly (like being refused car finance in the past or struggling with negative equity) – we’re in a great position to help.

The best place to start is our two-minute, no-impact eligibility check, which will give you an idea of where you stand without affecting your credit score.* If you’re worried about bad credit affecting your ability to get a new car and have a question, don’t hesitate to get in touch.

Why choose Hippo for used car finance?

We’ve spent over 60 years helping customers find cars they love. Here’s what we offer with our used car finance deals:

Thanks to our Used Car Promise, you can shop with us safe in the knowledge you’re getting a quality car on a great rate.

We help those others won’t, and offer accessible no-deposit deals across our full second-hand range.

Our free soft credit check takes just two minutes to complete, won’t affect your credit score* and will let you know in as little as 30 minutes** if you’ve been pre-approved for credit.

Whatever you’re looking for, we’ll be with you for the whole process, offering you end-to-end support.

Our customers rate us ‘Excellent’ on Trustpilot for a reason.

Get a great deal on a used car – and drive it away – today

With same-day collection available on thousands of vehicles in our second-hand range, you could have a new finance deal sorted and your new car on your driveway in the space of a few hours.

If you’re ready to get started, complete our quick, no-impact eligibility check now, or give us a call if you’d like to talk about your options.

Used car finance FAQs

What’s included with a used car on finance?

All our used cars come backed by our Used Car Promise. That guarantees your car has undergone and passed our 130-point quality check and comes with a 3-month warranty, at least 6 months’ MOT remaining, and a 14-day money-back guarantee in case you change your mind. Running costs such as fuel, insurance, maintenance and servicing aren’t included.

Is it better to finance a new or used car?

That depends on your budget and what you want from your next car. If you’re looking for a cheap deal and aren’t too bothered about getting the latest features, a used deal is probably best for you. If you like the idea of having a new car and enjoying protections like a manufacturer’s warranty, road tax and breakdown cover, you’ll want to take a look at our new car finance options – just bear in mind you’ll pay a bit more.

Do I need a deposit for used car finance?

Not necessarily – we offer zero deposit options on all our used cars. Paying nothing up front means the total cost of your deal will be spread across your monthly payments instead, which means they’ll be a little higher than if you put a deposit down.

Can I part-exchange my car for a used car finance deal?

Yes, you can. Part-exchange can really help when it comes to reducing the costs of your new deal.

What credit score do I need for used car finance?

There’s no fixed number, as every lender has different criteria. We work with a broad panel of lenders, which helps boost chances of approval for more applicants – especially those with bad credit.

How long can I finance a used car for?

Typical finance agreements last between 24 and 48 months. Some lenders do 12- and 60-month options – if you’re interested in a deal like that, just let us know.

Can I get a used car delivered?

Yes, we offer nationwide delivery on all used vehicles. You’ll be charged a delivery fee based on your location (nationwide delivery on new cars is free).

Drive away with confidence: our Used Car Promise

You should always be careful when buying second-hand. The good news is every used car we sell comes with complete peace of mind, thanks to our Used Car Promise. It’s our standard guarantee, and includes:

130-point quality check carried out by our onsite technicians.
3-month comprehensive warranty.
14-day money-back guarantee*** if you change your mind.
At least 6 months’ MOT remaining on every vehicle

Simple, safe and stress-free used car finance – as it should be.