Have you recently retired and don't want the financial burden of purchasing a car outright? A car finance deal might be more suited to you. You don't have to worry about saving up for a lump sum or being restricted by cost in your shopping choices, and you get to switch up the model more regularly.
Of course!
With more time at your disposal, you’ll get the chance to relish the joys that a car can bring. Whether it’s completing errands in style or exploring further afield in a vehicle you can trust, financing means you can enjoy the benefits of a reliable vehicle without the burden of an upfront payment that could strain your retirement funds. You’ll have the freedom to drive without worrying about the large, one-time expense that can often be an obstacle for retirees.
When seeking car finance, your pension or other sources of retirement income will be considered as part of your monthly income. This means you can still qualify for car finance even if you’re no longer working. We understand that retirees have steady, reliable income from pensions, annuities, or savings, and our Manchester-based team will work with you to find a suitable plan.
Even if you have a limited or modest credit history, it’s important to know that car finance for retirees is still a possibility.
However, there are common issues people who are in retirement face, including:
Thankfully, our team is more than ready to work with your needs, so you can focus on finding the right car for your retirement.
For illustration purposes only. The rate and payment you may be offered will be based on your individual circumstances.
Concept Car Finance Limited is a credit broker, not a lender. Credit is subject to status.
£0.00
at 14% APR
Vehicle Price: £0.00
Deposit: £0.00
Amount to Finance: £0.00
APR: 0.00%
Option-to-purchase fee: £10
Total Cost of Credit: £0.00
Total Repayable: £0.00
Fill out your details below to submit your application
We treat your State Pension, private pension, and annuities as a reliable monthly income, because that's exactly what they are.
Pick Personal Contract Purchase (PCP) for lower monthly payments with an optional final payment, or Hire Purchase (HP) to own the car outright.
We look beyond the numbers. Got limited credit history because you've avoided debt? That's fine by us. We care about affordability, not arbitrary scores.
Forget age caps. We assess what matters: Can you comfortably afford the monthly payments? If yes, let's get you driving.
We treat your pension income with the respect it deserves: As stable, reliable earnings that many lenders unfairly overlook.
Every case is handled individually, meaning that whether you’re 65, 75, or 85, if the numbers work, you’re approved. No arbitrary cut-offs, no discrimination.
We specialise in fixed-income friendly finance with predictable monthly payments that won’t stretch your budget, plus the flexibility to adjust if your circumstances change. Paid cash all your life and have a limited credit history? We won’t punish sensible financial habits.
On top of this, we’re also trusted by our customers, with a 4.7/5 score from Trustpilot showing how happy our customers are with our services.
Yes, though it depends on your full financial picture.
We consider all income sources, plus any savings or deposits. With 9 lenders on our panel, we’ll find an option that works for your budget.
Not with us.
We don’t do age caps. If you can afford the payments, we’ll work with you on a payment plan.
Pension statements or bank statements showing pension deposits, proof of address, and photo ID (driving licence or passport).
No payslips needed. We’ll walk you through it – call 0800 093 3385 to start.
Applying today doesn't impact your credit. Concept Car Credit is a credit broker, not a lender.
