Car Finance Refinance
Lower your monthly payments or pay off sooner
Refinance lets you replace your current car finance with a new agreement that better fits your goals—whether that’s reducing your monthly cost, shortening the term, or borrowing a little extra against your vehicle (subject to status and affordability).
How Refinance Works
- Share a few details — about your vehicle, current lender, settlement figure, and budget.
- We compare options — reviewing rates, terms, and products (PCP, HP, LP) that suit your situation.
- Switch your agreement — your new finance settles the old one; you continue with the new, improved terms.
If you don’t have a settlement figure, we can help you request one from your lender.
Things to Consider
- Early settlement fees — your current lender may charge fees or daily interest to your settlement date.
- Total cost — a lower monthly payment over a longer term can increase the overall amount payable.
- Eligibility & vehicle criteria — age, mileage and vehicle value can affect product availability.
We’ll present the options clearly so you can compare total cost, term, and monthly payment before deciding.
Current Deal vs Refinance
| Feature | Current Agreement | Refinanced Agreement |
|---|---|---|
| Monthly payment | As set with existing lender | Potentially lower (or tailored to your term) |
| Term remaining | Fixed | Reset to suit your goals (shorter/longer) |
| Interest rate | Original rate | Updated to current market & profile |
| End-of-term option | Depends on product (PCP/HP/LP) | Choose the product that fits you now |
Get in touch:
Your personal concierge specialist is waiting for your call or email:
Get In Touch
- 0191 250 4575
- [email protected]
Address
- Hub 26, Lawrence House, Riverside Dr, Cleckheaton BD19 4DH
Hours
- 9:00AM - 5:30PM Weekdays
- 10:00 AM - 4:00pm Sat/Sun
Fill out the form below and we will contact you as soon as possible!