Carmoola

Cruise through car finance A game changing way to pay for your next car in minutes! HOW IT WORKS Out with the old. Drive in with the new. There’s no waiting around for a car finance decision or painful paperwork. And best of all, no broker commissions. Pay swiftly online or at the car showroom. Take control, and experience car finance freedom with Carmoola. Get a budget in 60 seconds In a few questions, find out how much you can borrow for your next car Buy your car from anywhere Pay swiftly online or at the showroom with your Carmoola card Hit the road and pay monthly It's time to plan your next adventure in your shiny new ride Free to do whatever, whenever, wherever. Car finance processes are clunky, lengthy and intimidating, leaving many people feeling frustrated and trapped. Carmoola isn’t an evolution of what already exists. We are entirely reinventing how people pay for cars. We’re getting rid of the past and starting with a clean slate, freeing c...

The future of car finance Cruise through car shopping with Carmoola. Take control of your finance with flexible monthly payment plans to suit you. Coming soon to an app store near you Why Buy Your Car With Carmoola? There’s no waiting around with Carmoola. Get an instant decision on how much you can spend, and be ready to buy your car in minutes. We care about you, and helping you access fair car finance. We’re passionate about making your journey amazing. We use the latest technology to improve your experience. Looking for information about car finance? You've come to the right place! The right car finance deal for you Car finance often has a couple of different payment options, so we thought it best to explain the difference between them. Don’t forget, if you decide to borrow with Carmoola to buy your next car, you’ll always deal directly with us, and we’ll be with you throughout the journey. If you're unsure about whether you can get finance or not, check out ...

UK car finance loan calculator Before you take out a car loan, it’s important to check out how much your car loan payments might be, so you can get an idea on your budget. But how to calculate car loan payments? Well, we know a lot about car finance, but we think the formula is pretty complicated. So we thought we’d build you an auto loan calculator, so you can see exactly how much you might be spending each month if you take a car loan. This calculator is perfect for HP or Hire Purchase agreements. How to calculate car finance repayments Depending on how much you want to borrow, it will be difficult to know how much your car finance payments will be, so that’s definitely a good first step! Although, without knowing how to calculate car loan interest, you may also find it tricky. Usually on car finance agreements, interest is calculated on a flat annual rate, but your interest rate will depend on your circumstances and affordability. Your monthly payments will also depend on whet...

The Ultimate Guide to Buying a Car Online Unless you've been living in a cave for the past year, you've most probably seen the explosion in popularity of sites where you can buy a car instantly, online. But should you do it? Remember the days when you thought you'd never buy clothes online? And before you knew it... poof! You've got more ASOS deliveries arriving that you can remember you ordered! We have a hunch that car buying is going the same way. Check out more information below on everything you need to know about buying a car online! Buying a Car Online What are the risks of buying a car online? Like anything, there are always some risks to consider, but we don't see too many with buying a car online. Most companies will offer some seriously good guarantees, like 7 or 14 days moneyback options, which means if there's something wrong when the car arrives, they'll come and take it away again. Also, they tend to check the car thoroughly and carry ou...

Car Finance Explained: Everything You Need To Know! Do you want to learn more about car finance? Well look no further, you've come to the right place! In this article, we touch on many aspects of car finance, just click on the section to head over to the detailed article. Car Finance Explained What is car finance? As a quick summary, car finance is a loan that pays for a car you want to purchase. It could be a partial loan (where you contribute a deposit at the beginning) or it could be what we call a 'zero deposit' loan, where you borrow the entire amount. You apply for the finance, buy the car and then make the agreed monthly repayments to the lender. You can find car finance loans from different places, including the car dealership itself, your bank, a building society, a car finance specialist, or other lenders. What is the meaning of car finance? Financing your car allows you to spread the cost of the overall price, paying in monthly instalments. This can be ...