Looking for car finance with a low household income? Apply today with Concept Car Credit.
Securing car finance when on a lower-than-average income can be challenging, but it’s not impossible.
Whether you are looking for a reliable vehicle for the school run or commute to work, there are credit agreements that will work with a range of financial circumstances, and ultimately, allow you to live life to the fullest.
At Concept Car Credit, we understand that everyone’s situation is unique, and we’re here to help you find a flexible car finance solution that suits your budget.
Car finance for those with a low income works similarly to that of someone on a higher wage, but with some slight adjustments to make obtaining car finance more accessible.
Car finance isn't a one-size-fits-all solution, so it's important to weigh up all the options before making a decision. The most common car finance types are:#
While low income can make it difficult to secure finance deals, it won't automatically rule you out. Proof of regular income will be looked at to make sure you can afford car finance, but when you shop with us, we'll take your income and budget into consideration to ensure a suitable and manageable deal. If you are claiming benefits, we also offer car finance on benefits to ensure as many people as possible have access to their chosen car at a price they can afford.
While a good credit score comes in handy, Concept Car Credit is proud to work with individuals who have a lower-than-average credit history. We specialise in these cases, so even if you have a low income, we'll work with you to ensure you can afford the monthly payments without overstretching your finances.
A larger deposit will bring down the monthly cost, but it isn't always necessary. With Concept Car Credit, we offer 0% deposit car finance, meaning you don't have to worry about saving up for a lump sum - giving you more flexibility and choice in cars.
Our flexible terms mean you don't have to worry about your finances changing. If you don't work for a fixed salary and your income varies each month, just let us know. We'll tweak your plan so you can pay the lowest amount if and when needed.
If your low income comes with bad credit, Concept Car Credit is here to help. We understand that life doesn’t always go as planned, so bad credit doesn’t have to stand in the way of getting the car you need.
We specialise in offering car finance to individuals with less-than-perfect credit histories. You can secure car finance regardless of your credit score, as long as you can demonstrate the ability to make each payment. We look beyond just your credit score and focus on your current financial situation, helping you find a deal that fits your budget.
Our team works with a variety of lenders who are experienced in providing bad credit car finance deals. Whether you’re looking for a low deposit, flexible terms, or a more manageable monthly payment plan, we’ll work with you to create a solution that fits your needs.
Apply online today, or give us a call to book an in-person meeting with one of our experts. Our team is ready to guide you through the process, answer your questions, and ensure you get the best possible deal for your circumstances.
We have a range of car finance options available for all income levels here at Concept Car Credit.
Browse our range of cars in our online showroom, or give us a call to arrange an in-person meeting and test-drive some of our models.
Whether you’re claiming Universal Credit (UC), Personal Independence Payment (PIP), visibility Living Allowance (DLA), or any other UK benefits, car finance will still be available for you.
You can!
We aim to make car finance available for as many customers as possible, regardless of credit score and income.
Get started today, and we’ll run through our available payment plans with you.
To be eligible for car finance, you must:
We will also need to see proof of address (in the form of a bill or bank statement), a recent wage slip to arrange the car finance payments, and documents for your old car (if part exchanging).
Applying today doesn't impact your credit. Concept Car Credit is a credit broker, not a lender.
