Flexible finance plans. Affordable monthly payments.
Forking out to get behind the wheel of a brand-new car isn’t an option for everyone. Luckily, at Concept Car Credit, we offer joint car finance applications to lower your monthly payments.
With joint car finance, you can get a car loan and split the costs between you and another person, keeping the costs down even further.
A joint car finance application can also help if one applicant has limited credit history, a poor credit score or an active IVA. Read our IVA Car Finance page for more on how we handle these situations.
We’re a leading UK car finance company and can support you and another person with a joint car finance application.
Joint car finance is when two people apply for car finance for the same vehicle – most commonly couples or family members.
With joint car finance agreements, there is no primary user. You and your joint applicant will have joint liability for the car repayments.
Similar to solo car finance agreements, you choose your car, and we’ll do the rest.
We’ll take you through our available finance plans, discuss the monthly repayments to ensure you can afford them, and how they’ll fit into your lifestyle.
We pride ourselves on our flexible approach to vehicle finance. If you’re having financial difficulties and need to tweak your plan, just let us know, and we’ll sort it out – you never have to worry about missed payments with us.
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
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A joint finance application can be used for the same car, and both applicants must live at the same address to be eligible.
A joint car finance agreement can be obtained by those with low income but a good credit score, alongside a partner who has a higher income.
A joint finance agreement takes both applicants’ credit histories into account. In fact, it can be used by those seeking to improve their credit score. If your spouse/family member has a good credit score, but you have difficulty building yours, applying for joint car finance helps to boost your score by showing financial responsibility – so long as you’re making monthly payments on time.
However, if you both have a good credit file, it will make your joint car finance cheaper.
At Concept Car Credit, we provide joint car finance agreements on Personal Contract Purchase (PCP) finance packages. This means your monthly repayments will be lower than they would be on a Hire Purchase agreement (HP).
However, you don’t own the car outright until you’ve made the final payment to clear the outstanding balance.
If you have any questions about our PCP car finance agreements, contact us or head into our Manchester showroom to speak to our team.
Interested in joint application car finance?
We have a wide range of cars available for you to test drive today at our Manchester showroom.
And the best part: with no complex checks, you can have your car in less than an hour after applying!
We specialise in bad credit car finance agreements here at Concept Car Credit, giving as many people as possible a payment option that suits them and their budget.
We don’t complete any hard credit checks or base your suitability on your current score – even if you’ve had credit issues in the past. We’ll work with you both to organise a joint finance agreement that meets your needs.
To find out more, get in touch with our expert team today.
Joint financing is right for you if any of the following apply:
If you’ve never had a joint car loan before, it’s only natural to have questions and concerns.
However, our expert team has been in the industry for years, building their knowledge to share with our customers.
To learn more about joint car financing, we recommend you get in touch with the team at Concept Car Credit. Ask us as many questions as you need about our joint finance options, how they’ll work for you, and what car will best suit your needs.
With a joint personal loan, you do not have full legal ownership of the vehicle until all payments have been made.
With a PCP agreement, you must make the final balloon payment to clear the finance. Then, you’ll both have legal responsibility for the car.
Worried about how much your monthly repayments will be? Try out our car finance calculator to get a good idea.
It is possible, but it depends on the car and your credit and affordability checks. Some finance agreements allow you to start with no deposit, while others may require one.
When you apply, we’ll explain what’s available to you so you can pick the option that works best.
If either applicant currently has a vehicle, this can be used as part-exchange towards the value of your new car.
Split the cost, share the journey. Apply together today with no hard credit checks. Concept Car Credit is a credit broker, not a lender. Here at Concept Car Credit Limited, we take your privacy seriously and will only use your personal information to administer your account and to provide the products and services you have requested from us.
