Vehicle Refinance

Rising Costs

Are you feeling the financial crunch with rising bills and living costs? Don’t worry, you can take steps to alleviate the burden, starting with your car finance payment. Consider car refinancing to reduce your monthly expenses while keeping the car you love, and Happy Motor Finance is here to make it fast, easy, and hassle-free.

Refinance Process

To begin the process, obtain your settlement figure from your current lender. Many lenders offer online portals for this purpose, while others may require a quick phone call to request the information. Once you have the settlement figure, we can help you refinance the balance over a more manageable period, typically 2-5 years, spreading the remaining balance and reducing your monthly payment.

Balloon Payments

If you are on a Personal Contract Purchase with a balloon payment, don’t worry! We can refinance the balloon payment, allowing you to keep the car for a little longer or own it outright at the end. Plus, you can do this at any stage in the agreement, no need to wait until the balloon payment is due.

Our Service

Many of our customers at Happy Motor Finance have utilized our free refinancing service to benefit from lower monthly payments or pay off their balloon payments. Our refinance specialists have years of experience in assisting customers, providing impartial advice on vehicle refinancing options, and helping reduce monthly outgoings.

Credit Score

We also cater to customers with varying credit levels, from excellent to poor credit. So, if you’ve improved your credit score since taking on a high-interest finance deal in the past, we can help you take advantage of reducing the interest you pay over the remaining balance.

No Obligation Quote

At Happy Motor Finance, we work with a range of refinance lenders, and our experts will guide you through the refinancing process. Rest assured that all our quotes are free, with no obligation to commit to the quoted product.

Summary

Refinancing is possible at any point in your current agreement and can help to reduce your currently monthly payments. It can also solve the problem of the big balloon due at the end of a PCP agreement. Take control of your car finance and reduce your financial burden today by exploring car refinancing options with Happy Motor Finance.