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- Carmoola - Used Car Finance Vs. CarFinance 247
Carmoola - Used Car Finance vs CarFinance 247 Usage & Stats
Carmoola, get your car finance sorted upfront!
In just a few taps, get a budget for your new wheels, walk into the dealership, and buy your dream car. Manage everything in one place, the Carmoola app.
Why Carmoola?
- Find out how much cash you can splash in just 60 seconds
- Choose a car from reputable dealerships and online marketplace, and we’ll help you name it
- Spread the cost with a payment plan that suits you
- Need answers quickly? Carmoola’s UK-based support team is available every day from 8am til 9pm via phone, email, SMS or WhatsApp!
How does it work?
- Answer a few quick questions to find out how much you can spend
- Verify your ID with your full driving licence and a quick selfie
- Tell us about your new wheels and we’ll run a free history check for you
- Pay with your Carmoola card or send a Bank Transfer to the dealership in minutes
- Set up and manage your monthly finance payments in the app
And that’s it! Time to organise the road trip.
See if you can save money
Got finance already? Did you know, you might be able to switch your current finance over to Carmoola and save money.
Rates from 6.9% APR to 29.9% APR, representative 13.9% APR.
Carmoola is a car finance lender, not a broker, offering Hire Purchase (HP) and Personal Contract Purchase (PCP) car finance, allowing you to buy your car now and repay your loan monthly.
Hire Purchase (HP)
Budgets from £2,000 to £40,000
Borrow over 1 to 5 years
Buy a used car, or refinance your existing loan and save money
No mileage restrictions
Own the car once you’ve repaid your loan
Personal Contract Purchase (PCP)
Budgets from £4,000 to £55,000
Borrow over 1 to 4 years
Buy a used car (refinance not available)
Annual mileage restrictions
Pay the optional balloon payment at the end if you want to keep the car
Download the app today and start your application to see if you’re eligible for HP, PCP, or both!
Pay with Apple Pay
Add your Carmoola card to your Apple Wallet, and pay with your iPhone or Watch at the dealership!
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Finance is subject to status and is only available to mainland UK residents aged 18 and over. Failure to keep up your repayments may result in your car being repossessed and your credit rating being negatively impacted, and may prevent you from accessing other financial products in the future. Any finance you may be offered by Carmoola will be based on your individual circumstances, affordability and credit profile.
You can find our T&Cs here https://www.carmoola.co.uk/terms-conditions.
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THOUSANDS OF CARS TO SEARCH FROM
Use our exclusive car search to find the right car for you! With thousands of cars for sale, you’re sure to find a car that matches what you’re after. All cars listed are sold by reputable dealerships that have passed our strict checks, so you can choose a car with added peace of mind.
CHAT WITH YOUR ADVISOR ON THE GO
Getting in touch with your advisor couldn’t be simpler. Use our in-app chat to easily get answers to any questions you might have
UPLOAD YOUR DOCUMENTS
Add your documents to your account in a matter of minutes. You can find out what we need from you before taking a picture of the document requested. This is then automatically added to your account for review. And that’s it - your advisor will do the rest!
ABOUT CARFINANCE 247 As the UK’s no.1 car finance broker*, we’re here to make sorting your car finance as easy as possible. It doesn’t stop with simply finding the right deal — we can help you to find the right car too
*The UK’s number one online car finance broker by unique users to the website. Based on Hitwise data – 108,204 to CarFinance 247 vs. 63,343 for nearest competitor. January 2019.
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- Free
- Finance
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Carmoola - Used Car Finance vs. CarFinance 247 ranking comparison
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January 11, 2026