Pay Weekly Cars – How to get approved for Pay Weekly Car Finance
How can I get approved for Weekly Payment Car Finance with Bad Credit?
If you have bad credit and are looking for Pay Weekly Cars, it can appear difficult to know where to turn to try and obtain a car finance approval. It is possible for you to get approved for Pay Weekly Car Finance with Bad Credit, but the fair and bad credit car finance companies will conduct the following checks:
Credit check – all the fair and bad credit car finance providers in the UK use their own credit scoring system, so even if you have a low credit score on Clearscore, or Experian, it may still be possible to get a car finance approval.
Your current financial position – whilst completing your credit check, the finance company will look at your current financial position to make sure you aren’t currently in arrears, or over your overdrafts/credit limits. They just need to know that now is a good time to lend money to you.
An affordability assessment – you will inform the finance company of your income, and they will deduct your assumed cost of living (using their own assumptions and calculations) as well as any active credit and bad debt that you are still liable for to make sure you have enough left over to make the weekly payments.
Does it cost more if I pay my car finance weekly?
No, it will cost exactly the same.
The weekly, or monthly payments are calculated after the total repayable has been calculated using the Annual Percentage Rate.
If your total repayable is £6000 and you are paying the finance over 60 months, this will be £100 per month, if you are paying the finance over 5 years, but paying weekly, then you will be paying the finance over 260 weeks and will pay £23.08 per week.
If you are using an APR calculator to calculate payments, and they don’t give you a weekly option, you can multiply the monthly payment by 12 and then divide this figure by 52 to get the weekly payment equivalent.
Fill in the car finance application below to check your eligibility. We only use soft search so there is no impact on your credit rating. Choose which car you want from the dropdown.
Get A Better Car - Nottingham's Fair & Bad Credit Car Finance Specialists
Fast friendly and reliable so happy with my new vehicle would highly recommend
Karen Owen a month ago
Excellent service, Maddie is so helpful and professional, Applied for my car on a Saturday afternoon, collected it Monday morning!
Super fast service and would recommend to anyone! AAAAA*****
Louise Hardy a month ago
Excellent service sold my car within minutes and for the price agreed over the phone no issues with trying to reduce the price thank you Claire
Katie Upton a month ago
This is my second car I have night from the team.
Thanks so much for a hassle free
experience.
A special thank you to Maddie who made me feel at ease all the way through and always on hand to answer any questions I had.
See you again in a couple of years or so!
Andrew Garden and maintenance a month ago
Very helpful kept me updated the car is perfect and as described very happy with purchase of Nissan juke
Nigel Tonks 2 months ago
Duncan was very polite and helpful, over the phone or in person, Duncan answered all of my questions with confidence, witch gave me confidence when buying from him, the prossess was very easy and quick, I've ended up with a great family car thanks to get a better car
Would recommend get a better car
Thankyou Duncan and the team at get a better car
Courtney Berry 2 months ago
Bought my first ever car recently. From the start till the very end the service was immense.
They held my application until I passed my test, they were lovely when I passed and progressed this further. From the moment I signed the contract to delivery at my address in Manchester it took 1 week due to the delivery company’s availability.
The car is perfect condition and everything I have ever wanted. Their communication is quick. Will be back for my next car.
Thanks so much x x
MunkyFace 4 months ago
What an amazing company from start to finish it was an amazing smooth transaction the staff are so friendly and helpful applied for the car on a Tuesday afternoon and picked it up Wednesday morning would have been quicker but my partner and I both had to work on the Tuesday night, from the moment we entered we were made to feel at home. if I could give more than 5 stars I would.
Cheers guys from Kelly and Ben
Emeka Osigwe 5 months ago
I have been driving for the past 20 year, this shows that I have bought mutiple cars , I just bought one from your company yesterday and I would be very happy to.buy more. Chris, you were so simple and down to earth from the start of the transaction even until now and your simplicity is a great huge success to the company, your management are a top notch and your cars are super amazing. Like I have promised you that I will recommend more people to you and I must say your services are the best in the whole of UK, you guys are super best. Thank you once again
bhm1712 a year ago
Easily the most straight forward car purchase I’ve ever done. Popped in on a Saturday afternoon after seeing the car advertised on Auto Trader, realised it was viewing by appointment only - gave them a call and the sales lady came within 5 minutes - even with absolutely no notice from me. Had a test drive in the car there and then. Took the rest of the weekend to decide if I was going to buy it or not….rang Monday and agreed to buy. Picked the car up as soon as I could afterwards. Sorting out the paperwork was hassle free. Drove away in my new car perfectly happy, less than 15 minutes after arriving to collect. There was no hard-sell from the sales team. I felt absolutely no pressure from them to buy the car that Saturday afternoon after the test drive and they were more than happy to leave it at that when I said I wanted to “think about it”. Very pleased with everything. The car is absolutely perfect so far.
Mark Bowmer 6 months ago
Excellent experience with this company. The sale and handover was professional and kept up to date with progress and communication was great. Both Chris and Duncan was very helpful with a repair that needed doing under warranty, understanding and dealt with very quickly, providing a courtesy car and advised to check the repair was to standard before driving away. Highly recommended. Thanks guys.
Yvonne Towle 7 months ago
Great company.
Great experience.
Great range of car's to choose from.
They found me a finance company willing to take me on with bad credit, with a low monthly rate.
Chris who dealt things for me, was brilliant.
Enjoyed my test drive.
From start to finish, it only took around 5 days.
I would definitely recommend GET A BETTER CAR to my family and friends, which I have done.
Thanks so much Chris, I'm really enjoying my new car. 😁
Can I get approved for Pay Weekly Cars with No Deposit?
Yes. Around 90% of the car finance approvals that we have been offered on behalf of customers over the past 2 years have been possible without a deposit. If the finance company want to reduce their risk (particularly on the Very Bad Credit tier) then they will offer a lower ‘Loan to Value’ which might mean that they will only finance 80-90% of the car’s valuation.
It can be beneficial to pay a deposit, or include your car as part exchange for the following reasons:
If you submit your application with a deposit, there is a higher chance that some of the finance companies we use will approve your application.
A deposit will reduce the total interest payable, which will also reduce your weekly or monthly car finance payments.
You will reach the point where you can part exchange your car sooner if you include a deposit.
Is it better to pay my car finance weekly or monthly?
This will completely depend on your personal circumstances, and we would suggest considering the following when making your decision:
Do you have any weekly income?
Do you pay your other financial commitments weekly or monthly?
If you have a weekly payment car finance plan, will there be any weeks that you might financially struggle due to large monthly commitments?
Hopefully, once you’ve gone through the above, it should make the decision of whether to pay your car finance weekly or monthly, more straightforward.
If I take out Pay Weekly Car Finance, can I give the car back whenever I want?
No you can’t. When a car finance company offer you car finance, they will pay the dealer for the car and spread your repayments over a term between three and five years. You will be fully responsible for the car finance until this is settled.
You can make extra payments, over pay, and settle early if you are able to. There is also the opportunity to part exchange, or sell the car, providing you are able to settle the finance.
How does Weekly Payment Car Finance work?
A weekly payment car finance agreement, allows you to purchase a car from a car dealer and pay a finance company back weekly over a fixed repayment term.
For example, if a car is £8000 and you are not paying a deposit, for payments over 4 years at 19.9% APR (fair credit approval):
The total repayable would be £11,337.61 with 208 weekly payments of £54.51 per week.
Can Get A Better Car offer Weekly Payment Car Finance?
Yes. It’s something we specialise in. In fact, we deal with every weekly payment car finance provider in the UK which guarantees you the best chance of a car finance approval, as well as making sure you get the lowest possible approval rate based on your personal credit rating.