Refinance to a better APR

The scenario - Not happy with your existing APR? Is your credit history perhaps better now than when you first took out your vehicle finance? Or would you simply like to see if you can refinance to a better APR and save money? Most types vehicles considered, including cars, vans, motorhomes, caravans etc.

Finance types - Payments can be spread over a number of years on a Hire Purchase agreement. In some instances, and depending on the age and mileage of your vehicle, a Lease Purchase agreement with a balloon can be obtained. At the end (subject to all payments being made and any option to purchase fee if applicable) you will own the vehicle outright.

The process - You will need to obtain an up to date settlement letter from your current lender as we'll need the exact settlement amount for your new agreement and then pay off your existing finance. It's very much a straight-forward process and we'll talk you through it step by step. You can use our refinance calculator below to get an indication of payments on hire purchase. Please call for a quote with a balloon.

Our service - There is no fee for our service and we provide:

Access to our online vehicle finance calculators.
Access to our credit application and eligibility check.
Access to a range of high street banks and other specialist lenders.
A dedicated relationship manager service to guide you through the quotation, application, vehicle search and collection/delivery process.
Future client support.

What's the catch? There isn't one, this is how it should be. Our aim is to build long and lasting relationships with our business and private customers, it's as simple as that.

Click here to see Google & Trustpilot reviews from our other customers

FINANCE CALCULATOR BELOW

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How do I use the vehicle refinance calculator?

Our finance calculator will help to give you an idea of what your monthly payments might look like for the price of vehicle you're looking to buy.

Step 1 - All you need to do is enter your current lenders settlement figure at the top.
Step 2 - Choose how long you’d like to pay the loan back over.
Step 3 - Then select your anticipated credit score.

The finance calculator will then provide an estimate of your repayments.

How do I use the finance calculator if I already have a payment in mind?

If you already have a budget in mind just enter your anticipated credit score first, then simply adjust the repayment period until you hit your payment.

Please note: The vehicle finance calculator is designed to give you an estimate of how much you could expect to pay each month based on the terms you select. The rates and payments quoted can change based on your individual circumstances, the lender from our panel that approves you, and the type, age or mileage of vehicle you refinance.

I've worked out my payments, how do I check if I'm eligible for the quote?

While the finance calculator can give you a good indication of what your monthly repayments might look like, everyone’s credit circumstances are different and finance is subject to status.

To find out whether you could be approved in principle for finance, simply complete our quick application form by clicking the appropriate "Apply Now" button at the bottom of the calculator for either a business or a private individual and, if approved, one of our team will give you a call to talk you through the next steps.

Rates from just 9.9% APR.
(The exact rate you will be offered will be based on your individual circumstances)

Representative APR 17.2%.

Representative example:

Borrowing £11,000 over 4 years with a representative APR of 17.2%, an annual interest rate of 17.2% (Fixed) and a deposit of £0.00, the amount payable would be £311.61 per month, with a total cost of credit of £3957.28 and a total amount payable of £14957.28.

Rates may differ as they are dependent on individual circumstances, the lender you are approved with and the vehicle/equipment purchased.

(Click here to find out what a Representative APR & example is)

Finance is subject to status.

Warning: Late payment may impact your credit file and the lender may reclaim the vehicle or equipment financed prior to the end of the term of the agreement.

Company Information
Proactive Vehicle Finance is a trading name of Proactive Vehicle & Equipment Finance Ltd, registered in England & Wales under company number 12688016. Registered office address: Whitfield Business Hub, 184-200 Pensby Road, Heswall, Wirral, CH60 7RJ. Proactive Vehicle & Equipment Finance Ltd is authorised and regulated by the Financial Conduct Authority under FRN 930768. You can check our registration via their website: https://register.fca.org.uk/ We are registered with the Information Commissioner's Office under ICO registration ZA787680 and our VAT registration number is GB362252907

We are a credit broker not a lender and can introduce you to a select number of finance providers who may be able to offer you a credit facility for your purchase. We will only introduce you to these lenders and we will receive a commission from the lender, calculated either as a percentage of the balance financed or a fixed amount, if you decide to enter into an agreement with them. The commission we receive from the lender will not impact the amount that our retail customers/consumers pay under an agreement but may impact the amount that our corporate customers pay under an agreement we arrange.
Finance is subject to status, terms & conditions and you must be a UK resident aged 18 or over in order to apply. Guarantees and indemnities may be required.
All calls are recorded for training and quality purposes.

Refinance Calculator

How do I use the vehicle refinance calculator?

How do I use the finance calculator if I already have a payment in mind?

I've worked out my payments, how do I check if I'm eligible for the quote?