Popular SUV Models
Already know which SUV you’re after? Explore finance options for some of the UK’s most popular models:
Used Kia Sportage Finance
One of the UK’s best-selling SUVs, the Sportage combines a spacious interior with sharp styling. A popular choice for PCP and HP finance.
Used Nissan Qashqai Finance
The car that started the crossover SUV boom. Reliable, practical and widely available on finance with competitive monthly payments.
Used Range Rover Evoque Finance
Premium SUV styling at a more accessible price point than a full-size Range Rover. A strong option for those looking to finance a luxury SUV.
Used Ford Car Finance
Ford’s SUV range includes the Puma — the UK’s best-selling SUV — and the larger Kuga. Both are widely available with flexible finance options.
Used Hyundai Car Finance
The Tucson is one of the most popular family SUVs on UK roads, with a strong warranty and competitive finance rates.
Used Volkswagen Car Finance
The Tiguan offers a premium feel at a mid-market price. A popular finance choice for buyers who want VW quality in an SUV.
How Much Does SUV Finance Cost Per Month?
If you’re wondering how much SUV finance is a month, the answer depends on several key factors including the vehicle price, your deposit, the finance term, your credit profile and whether you choose PCP or HP. In the UK, SUV finance payments typically range from around £180 per month for older used models up to £650 or more for new or premium SUVs. For example, a £12,000 used SUV with a modest deposit over 48 months could cost between £250 and £300 per month, whereas a £30,000 new SUV on a PCP agreement may start from £350 to £450 per month depending on the final balloon payment and APR.
Increasing your deposit or extending the term can lower monthly payments, but may increase the total interest paid. The most accurate way to determine your monthly SUV finance cost is through a personalised quote based on your individual circumstances.
Can I Get SUV Finance With Bad Credit?
Yes, bad credit SUV finance is possible, and many lenders now specialise in helping applicants with less-than-perfect credit histories. Even if you have previous defaults, CCJs or missed payments, approval may still be achievable depending on your current financial stability, income and deposit amount. While you may be offered a higher APR compared to someone with excellent credit, lenders often assess affordability rather than relying solely on a credit score.
A larger deposit can sometimes improve approval chances and reduce the overall borrowing cost. Many providers also offer soft credit checks so you can see if you’re eligible without affecting your credit file. SUV finance with bad credit is designed to provide access to vehicles while helping borrowers rebuild their credit profile through consistent repayments.
What’s the Difference Between PCP and HP on an SUV?
When comparing PCP vs HP SUV finance, the primary difference lies in ownership structure and monthly cost. With Personal Contract Purchase (PCP), your monthly payments are typically lower because you are not paying off the full value of the SUV. Instead, a large optional final payment, known as a balloon payment, is due at the end of the agreement if you choose to own the vehicle. PCP also gives you the flexibility to return the SUV or part-exchange it for a new deal, although mileage limits usually apply. Hire Purchase (HP), on the other hand, spreads the full vehicle cost across the term with no large final payment.
Monthly payments are higher than PCP, but once the agreement ends, you automatically own the SUV outright. If you plan to keep the vehicle long term and want guaranteed ownership, HP may be more suitable. If you prefer lower monthly payments and changing cars every few years, PCP is often the preferred choice.
How Much Deposit Do I Need for SUV Finance?
If you’re asking how much deposit for SUV finance is required, most lenders typically request between 5% and 10% of the vehicle price, although zero-deposit options are sometimes available subject to status. For example, on a £20,000 SUV, a 10% deposit would be £2,000. Providing a larger deposit reduces the amount you borrow, which can lower your monthly payments and the total interest paid over the term. It can also improve approval chances, particularly if you have a weaker credit history.
Some dealerships and manufacturers occasionally offer deposit contributions on new SUVs, which can further reduce upfront costs. Ultimately, the deposit amount will depend on the lender’s criteria, your credit profile and your chosen vehicle.
Can I Finance a Used SUV?
Yes, getting a used SUV on finance is one of the most common and cost-effective ways to purchase a vehicle. Financing a used SUV typically results in lower monthly payments compared to financing new because the purchase price is lower and the vehicle has already experienced its steepest depreciation.
Most lenders will finance used SUVs that are up to around 8 to 12 years old, although age and mileage limits vary. Both PCP and HP agreements are available for used SUVs, though PCP terms may be more restrictive on older vehicles. Choosing a used SUV on finance can allow you to access higher-spec models or larger vehicles while staying within budget.
What Are the Cheapest SUVs to Finance?
f you are searching for the cheapest SUV on finance, affordability is influenced by the vehicle’s purchase price, insurance group, fuel efficiency and residual value. Smaller crossovers and entry-level SUVs tend to offer the lowest monthly payments, especially when bought used. Popular affordable options in the UK market include models such as the Dacia Duster, Nissan Juke, MG ZS, Hyundai Bayon and Kia Stonic.
If I apply for finance, what happens next?
Once you complete our application, our technology reviews your application, to establish a partner that looks to best fit your requirement. Your application will be shared with this partner, who will endeavour to seek a pre-approval, generally by conducting a soft search using a panel of lenders and/or a credit bureau. The Practice we ask of our partners is that they perform a soft search, which ultimately means your credit file is not affected if you decide to proceed a full check is sometimes required, and sometimes further information may be needed if you wish to proceed.
Used versions of these SUVs can sometimes be financed from under £200 per month depending on deposit and credit status. Generally, the cheapest SUVs to finance are those with smaller engines, strong resale values and competitive manufacturer pricing.
