Black Box Car Finance

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Rates from 8.9% APR. Representative APR 22.9%

 

Bad Credit Finance Calculator

    £

    Over 4 Years

    Best available rate
    XX% APR
    Total cost of credit
    £XXXXXX
    Total repayment
    £XXXXXX
    XX Monthly Payments of
    £

    Rates from 8.9% APR; the exact rate you will be offered will be based on your circumstances, subject to status

    Representative Example: Borrowing £5,500 over 48 months with a representative APR of 22.9% (Fixed) and a deposit of £0.00 the amount payable would be £169.72 a month, with a total cost of credit of £2,646.56 and a total amount payable of £8146.56

    Finance Your New Car with Black Box Car Finance from Motorly

    Struggling with bad credit? Motorly’s Black Box Car Finance could be your key to getting approved. By fitting a black box, you not only increase your chances of approval but also start rebuilding your credit history from day one

    Top Benefits of Black Box Car Finance

    1. Easier Approval – The black box provides lenders with additional security, making them more likely to approve your application, even with a poor credit history.
    2. Credit Repair – As you make timely payments, you’ll gradually improve your credit score, paving the way for better financial opportunities in the future.

    Motorly partners with a diverse panel of car finance providers, specializing in helping customers with varying credit backgrounds secure the right car finance deal. Whether you’re seeking bad credit car finance or simply exploring your options, we’ve got the right plan for you.

    Finance First – Protect Your Credit Rating

    When you apply for car finance with Motorly, rest assured that your credit rating won’t be impacted. Our partners use a soft search to provide pre-approval, giving you peace of mind. And while black box car finance is a great option, some customers may even qualify without the need for a black box.

    As a truly independent broker, we have access to finance partners with options available for those with bad credit to help find a deal that could suit you.

    Further Benefits Of Black Box Car Finance

    Additional Benefits of Black Box Car Finance

     

    1. No Extra Cost –  The black box is installed at no additional charge, ensuring that your finance remains affordable.
    2. Professional Installation – Installed discreetly by professionals, the black box won’t interfere with your driving experience. Once your agreement ends, the device is easily removed.

     

    Frequently Asked Questions

    Can I get black box car finance with bad credit?

    Yes, you can. Black box car finance is designed to be more accessible, particularly for those with bad credit. The black box provides extra security for lenders, which makes them more willing to approve your application even if your credit history isn’t perfect. It’s a great option if you’ve struggled to get approved for traditional car finance in the past.

     

     

    How does black box car finance help improve my credit score?

    Black box car finance can help improve your credit score by encouraging regular, on-time payments. Each payment you make is recorded, and over time, this positive payment history can boost your credit rating. As long as you keep up with your monthly payments, you’ll be building a better credit profile, which could open up more financial opportunities in the future.

    What happens if I miss a payment on my black box car finance?

    If you miss a payment, the black box will alert you, typically with a flashing light or a text message. You’ll usually have a grace period to make the payment before any further action is taken. However, if you fail to pay within this period, the black box may disable your car, making it undriveable until the payment is settled. It’s important to stay on top of your payments to avoid any disruption to your driving.

    Is black box car finance right for me?

    Black box car finance could be the right choice for you if you have a less-than-perfect credit score or if you’re looking for a flexible financing option. It’s particularly useful for those who might not qualify for traditional car finance. The black box helps ensure that you make your payments on time, which can be beneficial if you’re working on improving your credit score. However, if you’re uncomfortable with the idea of your car being monitored or potentially disabled, you might want to explore other finance options.

    Applying With Us Only Takes a Couple Of Minutes & Will Not Affect Your Credit Score

    Apply Now

    Rates from 8.9% APR. Representative APR 22.9%

    *Rates from 8.9% APR. Representative APR 22.9%. Representative Example: Borrowing £5,000 over 48 months with a representative APR of 22.9% (Fixed) and a deposit of £0.00 the amount payable would be £169.72 a month, with a total cost of credit of £2,646.56 and a total amount payable of £8146.5