Car finance

No worries if you cannot sponsor the car purchase with your savings! Fetch the best car finance deals in Ireland. Take advantage of various friendly features of car financing options to get the most desired car without waiting for the right time. Receive money in a jiffy.

How Much You Want to Borrow


Car finance customised at realistic rates

Do you not have spare cash lying around to deposit for your car? You can still make it to a successful car purchase. How? Materialise your dream by utilising car finance in Ireland. Getting them is easy with online procedures.

Feel free to approach Loanstopocket to get this financing through direct lending solutions. Owning a car is a huge milestone, but it does not always have to be a new one. Based on your budget, you can get a second-hand car, also. In that case, you can use our used car finance product in Ireland.

Here, you should not worry about the purpose of getting a car. You can even opt for this funding to buy a commercial car also. An introduction to some of the exclusive features of this financing will be an eye-opener for you.

  • Liberty to choose the financing amount accordingly
  • The repayment term can stretch to 5 years
  • Weekly or monthly repayment options are possible
  • Competitive rate of interest to match your potential
  • Negligible paperwork while applying

Interestingly, car finance with bad credit in Ireland is also possible. We are a seasoned direct lender, and it is reflected in our approach. Since your affordability attracts most of the attention, it downsizes the importance of credit scores.

What does 0% car finance mean?

Zero percent car finance lets you borrow funds for car purchases without a deposit. It does not matter if you cannot stash money after managing other financial responsibilities. This financing option does not need you to put down a deposit.

The overall cost of monthly repayments will not be a burden for you. It is because you can quickly spread out the cost. With all such arrangements available, forget about giving up or delaying the car-buying process.

The availability of car finance in Ireland with no deposit has made things easier for you. To reap the utmost benefits of car deals, understand the criteria and options to finance a car.

Eligibility Requirements

As a trusted lender, we cater to different categories of borrowers. However, we still have some essential criteria set for you to meet. It says you should be:

  • A Ireland resident for at least 12 months
  • Aged between 18 and 75
  • Earning a monthly income not less than €1000.

Feasible ways to finance a car

To match the diverse requirements of the borrowers, we have to come up with some choices. These are:

Car loans: Borrow money straightaway to purchase and own the car upfront. No need to wait for the term to end to be the owner. Opt for an easy monthly repayment facility.

Conditional sale: With CS, portioning out the cost of the car over a period. You can only own the car once the contract ends. In that case, you will not have to cover any fees as an “option to buy”.

How can car finance Vs lease calculator spot the best option?

Car financing allows you to distribute the purchase cost over months instead of paying it upfront. You may also turn to options like car leasing. It facilitates you to access the latest versions of a car through renting.

Amidst this significant confusion, you can count on our car finance calculator. It will highlight the price difference. Loan rates being nominal on our side, you cannot take away eyes from our finance proposal.

Still, if you are confused, the below representation will show how car finance differs from car leasing.

Own the car: Leasing will not make you the owner of the car. You will be renting it for a certain period. On the other hand, financing allows you to become the owner, provided you complete the payments on time.

Interest charges: You will not pay interest when leasing a car. Do not worry! With car financing, you will not have to empty your pocket to pay interest. Here, Loanstopocket will fix budget-friendly rates for you.

No deposit: Financing a car is possible with zero deposit. However, you cannot think that way while opting for leasing. A deposit is a must to adjust the remaining cost of the lease.

This comparison should be enough to give you clarity on the best option. Along with other flexibilities, car finance with no deposit needs no credit check also. A soft search about your current financial condition would be enough. For this reason, financing with questionable credit scores has become possible for you.

Will repayments be costly for car finance with no deposit?

The size of the deposit plays a significant role in managing the repayments. Here, we offer no-deposit car finance that demands no initial payment from you. The repayments are likely to be high, as you will not provide an upfront amount to cover some portion of the car price.

Managing the cost is in your hands. All you need to do is to estimate the repayment expenditure and plan accordingly. Weigh up the cost carefully, and you will not regret it. As the tenure can extend over years, paying back at one go and in full is unnecessary.

Finance for cars in Ireland

Break down loan payments so that you can pay them back comfortably. Take pleasure in the flexible repayment pattern. Pay attention to factors like fuel, insurance, tax etc., to understand the best way to adjust the cost for your convenience.

Working out the amount and term beforehand will be beneficial. You must know your financial limits while deciding the ideal amount to receive as car finance. Non-payment will have implications.

Imposition of extra fees: Missing payments are not acceptable. It will cause the interest rate to compound. Besides, you will have to bear the burden of late fees.

Further blemish the credit history: Your credit scores are not necessary. However, delaying repayments will have a negative impact on your credit history. You need to be aware of the consequences when analysing if repayments will invite additional expenses for you.

Is PCP car finance the most flexible of all types?

The best way to determine which car finance types would work for you is by analysing them closely. The PCP car finance calculator will help you have a glimpse of the rate of interest. It also allows you to alter the amount to spot pocket-friendly rates.

When talking about PCP, you must understand how HP works.

Personal purchase contract

It calls for a deposit equal to the amount remaining out of the car's value. You cannot own the car outright, but it helps reduce the size of monthly payments. Balloon payment at the end of the term is optional. Otherwise, you can look out for a new car with PCP finance. You can consider it in the case of expensive cars, but you will have to deal with mileage restrictions.

Hire purchase

It will require a 10% deposit, and it is fixed. The monthly payments will then adjust accordingly. Since the deposit requirement is not that substantial, higher repayments will compensate for it. Once you cover the last payment with other fees, you will become the owner. Here, you should not worry about mileage restrictions at all.

What can impact my eligibility for car finance?

For a borrower, meeting eligibility criteria is critical. However, a few things are there that can influence the process of fetching car finance deals in Ireland. It is not something that cannot guarantee approval of the finance product but can amplify the chances for sure.

Sincere handling of ongoing payments: We are ready to accept your less-than-perfect credit scores by focusing on affordability. Therefore, it means you must be capable of managing recent payments responsibly. You can have a better chance if you have paid your current bills on time, irrespective of what has happened to your credit history.

Productive attempts to improve credit scores: It will be burdensome if you do not try to upgrade your credit scores. Make adjustments and save to pay outstanding to reduce the pile of debts. Gradually, you will be able to see the desired progress in your credit scores.

Why ask Loanstopocket?

We know a car is necessary, but you might not be ready to bear the cost. Saving for a deposit will mean you will have to postpone the purchase. It is not desirable when it is about fulfilling one of the primary life goals.

For this reason, we have brought out a unique way of offering finance. It will bring you closer to your dream. Our services are accessible to everybody, like car finance for the unemployed in Ireland. You can approach us even when you are out of a job and living on an alternative income source.

With time, we try to upgrade our services according to your requirements.

  • Accessibility: Browsing through our website is a cakewalk. You can easily find a way to redirection to the page of the application from any page. For any confusion, we are here to guide you throughout the process.
  • Responsibility as a lender: We adhere to fair practices regarding to lending. We will never have the intention to disobey any rules. Furthermore, we define our conditions for borrowers by being rational.
  • A clear flow of communication: Reaching a decision becomes easy when a clear flow occurs. We make any decision after fetching the required details from the borrower. We also insist you clarify your doubts to make the best life decision.
  • Protection against threats: We know that security is necessary since the finance applicant will share confidential information on our website. Practising the required safety measures regularly is a common thing for us.

Do you have any confusion? Get a free quote now

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Frequently Asked Questions

How much deposit is required with a personal contract plan?
In what ways can I lower the car finance repayments?
How returning customers are addressed here?
Is it possible for me to calculate car finance?
Can I pay off the loan debts early and relax?

You can opt out of the finance agreement early by repaying the debts early. Completion of the payments ahead of time will relieve you from the burden of interest. You can discuss this with us before prepaying the financial debts, although we do not charge any extra fees. Furthermore, you must refer to the terms and conditions mentioned in the agreement.

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