How Autodosh Works – Car Finance Explained

How does car finance work? It’s a question we often hear, and it’s much simpler than people think. With Autodosh, there are just four simple steps to take:

Step 1

Get approved

Find out if you're eligible using our online form

Step 2

Choose a vehicle

Choose a car from any reputable dealership

Step 3

Sign and collect

Arrange to get your vehicle collected

Step 4

Drive away

It's new car day. Drive away in your new vehicle

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How Does Buying a Car on Finance Work?

There are a few different options for buying a car on finance, but you’ll probably hear the term ‘car finance’ used to cover them all. Essentially, when you buy a new or used car using finance, it just means that you borrow money from a lender and pay it back in scheduled monthly payments.

You will also pay interest on the loan amount. This is known as a car finance agreement. When you choose to borrow money for your vehicle, it’s important to consider your personal circumstances. Some loan types may be better suited for you than others.

There are four main types of car finance in the UK, these are Hire Purchase (HP), Personal Contract Purchase (PCP), Personal Loan, and Leasing. At Autodosh, we work with lenders that offer HP and PCP car financing. Whether you already have a vehicle in mind or you’re just in the browsing phase, it’s a good idea to try our Finance Calculator to get a general idea of how much you could borrow from our lenders.

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Why Choose Autodosh

We work with a wide panel of trusted lenders and partners to help you find a great deal. Our lenders can help you with financing a range of vehicles, including cars, motorbikes, and vans. Whether your credit score is good or has room for improvement, we aim to find you the best rate that you’re eligible for.

Our service is completely fee-free for everyone, and we pride ourselves on being an inclusive car credit broker. We only work with trusted lenders who deliver excellent standards of service.

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