Finance
Clear, transparent finance
Buying your next car on finance is so easy to do with Payment Swap. Complete your application online and get an instant decision.
With a rate of 11.9% APR representative(subject to status) it’s great value too!
11.9% APR Representative
From a large panel of lenders, we’re able to give you our lowest rate possible. Every deal we offer is calculated using 11.9% APR representative, subject to status.
Representative example
Total amount of credit £10,000, advance payment £0. Term 60 months. Representative fixed APR of 11.9%. Total charge for credit £3,070. Total amount payable £13,070. Payable by 59 payments of £218, followed by one final payment of £228 to include a £10 option to purchase fee.
Hassle-free Finance
Why go elsewhere for your finance when you can complete your application easily as part of your order and obtain an instant decision in minutes.
Online application
It only takes minutes to complete your application online for an immediate decision.
Signing your paperwork
Once you've been accepted, sign your documents online instantly all online.
Help is always on hand
We have a large team based here in the UK who are there for you when you need them.
Your data privacy
Your application is totally secure and your personal data won't be shared outside our partners.
Types of Finance Explained
You can search for your next car and then purchase it from Payment Swap a conventional Hire Purchase (HP) agreement
If you choose to buy a vehicle under a Hire Purchase (HP) Agreement, you enter a contract where you would pay for the vehicle in parts. This is calculated by the value of the vehicle along with the interest added and divided into pre-determined amounts. It is different from a traditional loan, this is because you do not own the vehicle until the loan has been paid off. The debt is secured against the vehicle, this means when you are not allowed to sell it until the debt has been cleared.
You are borrowing money for the vehicle and the loan is secured against it. When you have paid all the finance owed, the car is yours. HP car finance would be a suitable option for you when you know you’ll be keeping the vehicle for a while.
Low deposit – keeps valuable personal cash available
Control – you decide the deposit, you decide the term
Fixed monthly payment – makes budgeting simple
Flexibility – doesn’t compromise your other lines of credit
Assets – you gain ownership of the car
