Flexible Electric & Hybrid Car Finance – Drive Green, Whatever Your Credit
Electric vehicles and hybrids are no longer out of reach. Whether you have bad credit, past CCJs, or have been turned down elsewhere, we specialise in electric car finance tailored to what you can comfortably afford today.
- Soft Credit Check Only: Applying takes 2 minutes and won’t affect your credit rating.
- £0 Deposit Options Available: Get on the road without paying anything upfront.
- Buy from any FCA-approved dealer: Choose a new or used electric vehicle from reputable UK dealerships.
- All Credit Situations Considered: Self-employed, low credit, or bad credit history welcome.
How Our Electric Car Finance Process Works
Getting approved for electric or hybrid car finance is simple, quick, and completely stress-free:
1. Apply Online in Minutes
Fill out our short online form. We run a quick soft check so you can see your options without leaving a mark on your credit file.
2. Get Matched with a Specialist Lender
Your dedicated account manager reviews your budget and matches you with a lender on our specialist panel.
3. Choose Your Electric Car & Drive Away
Once approved, pick any eligible electric or hybrid vehicle from any FCA-approved dealership across the UK.
Why Finance an Electric or Hybrid Car?
Making the switch to an eco-friendly vehicle offers long-term benefits for your wallet and the environment:
Lower Running Costs: Save on fuel expenses by charging at home or utilising public charging networks.
Clean Air and Congestion Charges: Charges depend on the vehicle and local scheme. Check the rules for London’s ULEZ and other Clean Air Zones before travelling. Electric cars are not automatically exempt from London’s Congestion Charge; eligible electric cars registered for Auto Pay receive a discount.
Lower Maintenance Expenses: Electric cars have fewer moving parts than internal combustion engines, reducing ongoing repair and servicing costs.
Finance Types Available for Electric & Hybrid Cars
We offer two main types of finance for electric cars to suit your financial goals:
1. Hire Purchase (HP) for Electric Cars
- Best for: Drivers who want to own their electric car at the end of the contract.
- How it works: Spread the EV cost over fixed monthly repayments. Once the final payment is cleared, the vehicle is 100% yours.
2. Personal Contract Purchase (PCP) for Hybrid & Electric Cars
- Best for: Lower monthly payments and maximum flexibility.
- How it works: Pay lower monthly instalments covering the vehicle’s depreciation. At the end of your agreement, you can return the car, trade it in for a newer model, or pay the balloon payment to keep it.
Frequently Asked Questions
Can I get electric car finance with no deposit?
Yes! We offer £0 deposit options on electric car finance. While a deposit can lower your monthly repayments, it is not required to get approved.
Can I finance a used electric or hybrid car?
Yes, we provide financing options for both new and used electric vehicles. As long as the vehicle meets our panel lenders’ criteria (typically under 10 years old and under 100,000 miles), you can secure financing.
Will applying for EV car finance affect my credit score?
No. Our initial online application uses a soft credit search, which is completely invisible to other lenders and will not impact your credit rating. We only carry out a hard search if you accept a formal loan offer.
Do you accept self-employed applicants or people on benefits?
Yes, we do. We understand that traditional lenders struggle with non-standard income. We accept bank statements and alternative proofs of income to confirm your affordability.
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“Big thanks to Dan and Richard who managed to get me the best APR, a quick process and for keeping me updated every step of the way! Would definitely recommend people to them.”
– Tyrese from Wembley.
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“Sean was so helpful, he made it easy to make sure we had the right car for me and my family. Thank you so so so much and you are really easy to to communicate with you and you couldn’t do enough to help.”
– Helen from West Sussex.
Why choose us?
✅ All credit circumstances considered
✅ Bespoke lending panel
✅ 100’s of cars to choose from
✅ Trusted and reputable UK dealerships
✅ No deposit car deals
✅ Decision within minutes
✅ Dedicated car finance experts
✅ 5* rated reviews from real customers
✅ Part exchange your current car
✅ Refinancing options available
Get a free, no obligation quote today!
With no credit impact, no deposit needed and 100s of cars to choose from, what’s stopping you? Let Refused Car Finance find the best car finance package and get the EV you want.