| Representative APR | Amount | Term | Type |
|---|---|---|---|
| 5.9–24.9% | £4k–£100k | 12–60 mo | car_finance |
Best For
This option is ideal for UK residents looking for a reliable lender with quick approval times and a range of financing options.
Ideal for UK residents needing fast car finance and who can secure a competitive rate based on their creditworthiness.
Close Brothers Motor Finance offers accessible car financing but may not be the best fit for those with lower credit scores or tight budgets.
Pros & Cons
Watch Out
The APR can be quite high, ranging from 5.9% to 24.9%, which may not suit everyone, especially those with tighter budgets.
Full Review
If you’re in the market for car finance, Close Brothers Motor Finance stands out with its fast decision process, making it suitable for those needing quick access to funds. With loan amounts ranging from £4,000 to £100,000, borrowers have the flexibility to choose the right amount for their vehicle needs.
The APR varies significantly from 5.9% to 24.9%, meaning that while some may benefit from lower rates, others could face hefty charges. This discrepancy makes it essential for potential borrowers to assess their financial situation carefully before applying.
Customer service experiences have been a mixed bag, with some users praising the responsive support while others report delays. As with many lenders, applicants should be prepared for a credit check and ensure they meet the requirements of being a UK resident aged 18 or older with a regular income.
For those looking for alternatives, companies like Zuto or CarFinance247 may offer different rates or terms, possibly providing more competitive options depending on your specific circumstances. Always compare multiple offers to find the best fit for your financial situation.
What Borrowers Say
Customer feedback is varied, with some praising the efficiency while others highlight concerns with communication.
