Car Refinance
Change your car finance and not your car, switch to a better rate today.
As experts in the field of vehicle finance, we’ll provide you with all of the assistance you need
to find the best financing options for our customers.
Car Refinance | Refinance my Car
“Change your car finance and not your car, switch to a better rate today.”
As experts in the field of vehicle finance, we’ll provide you with all of the assistance you need to find the best financing options for our customers.
“Leodis Financial is an independent broker and lender meaning that we always work in the favor of the customer and not the manufacturers or car dealers.”
We take pleasure in providing a friendly service through our knowledgeable staff.
  • Direct access to a team of underwriters who will collaborate with you to develop answers.
  • Account managers that are dedicated to assisting you along the process.
If you require assistance, we are here to help you.
Need Our Help? Please call us on 01274 028 019
Our UK-based team is ready to assist you throughout the duration of your loan.
“Through our network of UK-based lenders, we can offer a range of competitive refinance packages for new and used car buyers”.
Car refinance of your vehicle, is when the balance of an existing car finance loan is paid off by taking out another new finance agreement with another lender at better interest rates!
“Save money and money will save you”.
When you refinance a car loan, your current car finance gets settled first with a lump sum payment, depending on the terms of the deal, this payment is covered by the new lenders.
“Let Leodis Financial transfer your car finances so we could help lower your monthly repayments or spread the cost of a final lump sum payment.”
We at Leodis Financial work with a panel of lenders that can offer refinance loans and we always work in the favor of the our customers in finding you the best deals from the panel of auto lenders we have the pleasure to work alongside, whether you have an existing agreement in place or not.
Contact Us Now.
Why do customers refinance their vehicles loan?
“Do you want a better deal? Credit scores aren’t fixed, so you might be able to get a better deal.”
  • A refinance car loan is all about adapting to your current circumstances and saving money!
“Maybe your credit score has improved & now you can get a better interest rate?”
  • When you first choose your finance agreement, either it be a HP or PCP, at the time you committed to making monthly payments for a specified period of time, which could have been two, three or even seven years on an interest rate that matches your credit score at the time.
“Through our network of UK based automotive lenders, we can offer a range of competitive finance packages for new and used car buyers.”
  • What customers do not know, that over time, things change, and the loan that was right for you when you signed the deal, isn’t anymore because your credit score has improved!
“If you have managed to improve your credit rating score over a period of time, you could easily get a better rate with another lender.”
  • Refinancing could mean you find a loan with a lower rate of interest, lowering your monthly repayments or reducing the amount payable. If you’ve kept up with your payments, your existing loan could have improved your credit rating.
How it works.
  1. Call us on 01274 028 019 and speak with our specialist advisor and tell us all about your vehicle and current finance package, please also have prepared your settlement figure from your current provider so that an accurate quote and information can be provided.
  2. Our specialist advisor will check the decisions from the panel of lenders and find out if you’re approved for a better interest rate within a few minutes.
  3. To make the switch, we shall complete the documentation for you to agree and leave the rest to ourselves to switch over for you to enjoy better interest rates on your vehicle finance package.
Please note we will need to know how much is owed on your existing car finance
“Enjoy peace of mind knowing that you will receive a fair and competitive finance package.”
We can assist you in getting a better deal, lowering your monthly payments, or financing a balloon payment.
It all begins with a quotation. If you’ve been authorised in principle, your personal account manager will call you to go over your options. There are no strings connected. They can answer any questions you have about your current loan and the refinance process.
Lending is subject to status and additional affordability checks.
How do you know if refinancing is beneficial to yourself? If your circumstances have changed, like improved credit score rating, then this option would definitely be for yourself.

We can switch customers their current PCP or HP car finance from another provider, to either a PCP or HP directly with our panel of lenders.

The benefit of refinancing could be getting a car loan with lower monthly payments. If you’re struggling to make your repayments or need more disposable income, you could swap to a loan with cheaper monthly payments.
When coming to end of the PCP finance agreement, you have the option of keeping the car by paying the balloon payment, which can be a substantial amount, or hand the vehicle back and by using any positive equity you may have obtained to be used as a deposit for a newer vehicle.

This is where we can help with a refinance loan, where you would break down the balloon payment into more manageable monthly payments on a new loan agreement.

Although please note, that taking out a loan to meet your balloon payment will result in you spending more for your car than you would have if you had paid the balloon in full up front.
Yes, we can help clients with a range of various situations refinance loans thanks to our panel of lenders. You don’t have to give up on the goal of acquiring a new contract just because your credit rating needs some improvement!

If you’re in a negative equity situation, the same rules apply. When your car depreciates (loses value) faster than predicted and you owe more on the loan than the car is worth, this happens. When you’re in negative equity, you can still get a loan, but your new loan will be based on the amount you owe rather than the car’s new value. This may limit the number of lenders you have access to, as well as the interest rate you are offered.
The requirements for applying for car finance are that you must be 18 years of age or older, a UK resident and have a current bank account for 3 months or more.

Finance is available for all new and used cars at the majority of UK dealerships. There are some restrictions based on the make or model, the age and the mileage of the car.

Please speak with our specialist advisor by giving them the details for your desired car and we’ll let you know if we can provide you with finance instantly.

All lending is subject to status checks and an affordability assessment.
What we do
Our Services

HP Finance

Finance your vehicle for upto 60 months

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Conditional Sales

Own your vehicle at the end of the agreed term

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PCP Finance

Flexible car financing over a maximum of 48 months

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PCH Lease

Drive a new car every few years

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Compare Products

Lets look at which one suits your needs best!

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