Joint car finance

Adding a joint applicant can improve the chances of your car finance application being approved.

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Representative 29.9% APR

Joint car finance

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How does joint car finance work?

How does joint car finance work?

Here at First Response Finance, we offer Hire Purchase (HP) agreements, which means you pay for the car of your choice in fixed repayments. 

When you apply, we look at your credit history, income, employment status and some further details to see if finance is the right decision for you. 

If your application is approved, here's what you can expect to happen:

  1. Pay a deposit on the car and borrow the rest from us.
  2. We'll send the funds to the car dealership (usually within 15 minutes), so you can get on the road quickly. 
  3. You'll repay the loan on a schedule that works for you (i.e. weekly over 48 months, or monthly over 36 months). With interest added, the total amount you repay will be higher than the amount you borrowed. 
  4. Once the final payment is made, the car is officially yours. 

A deposit isn't always needed - it all depends on your credit limit and the car of your choice. 

The application process

Our joint car finance application process is as simple as one, two, three!

Fill out our online quote form to get an instant decision on your eligibility and see how much your monthly repayments would be.

Just so you know... if you want to add a joint applicant before you move forward with your quote, you'll need to call us on 01942 686 687.

Car finance calculator

Use our car finance calculator to get an idea of how much a car finance agreement with us costs, with no commitment to apply.

See how affordable your next car could be!

Explore your options with a quick, free finance quote - tailored to your budget.

Hire Purchase pros and cons

Unsure if a Hire Purchase agreement would be suitable for you? Check out some of the pros and cons!

  • Fixed interest rate
  • Simple to arrange
  • No deposit required
  • Flexible terms (18 - 61 months)
  • No annual mileage restrictions
  • Fixed monthly (or weekly) repayments
  • You own the car once the final payment's been made
  • Customers are protected under the Consumer Rights Act (2015)
  • Finance is subject to status
  • You don't own the car until the final payment's been made
  • The car's at risk of repossession if you don't keep up with repayments
  • Not suitable if you plan on paying off your finance agreement within six months

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Cars available on joint finance

We can provide finance on a variety of cars from brands such as Ford, Vauxhall, and Nissan. For more information, check out our fixed and flexible car finance criteria:

Fixed Criteria

  • Aged 18+ (main and joint)
  • UK resident (main and joint)
  • Petrol maximum mileage: 120,000
  • Diesel maximum mileage: 160,000

Flexible Criteria

  • 18 - 61 month terms
  • No deposit required
  • £2,000 - £15,000 lend
  • Provisional driving licences considered
Whilst our criteria helps us to lend responsibly, we're flexible on things such as the age of the car and the term of the agreement. For example, you can choose to pay your car finance loan over a long period of time, i.e. 48 months, or make larger instalments and pay your finance agreement off in as little as 18 months.
Explore your payment options

Joint car finance FAQs

First Response Finance is a responsible vehicle finance lender, and all decisions are made in the best interests of the customer; based on credit scores, status, and income at the time of application. We'll never approve an application if we believe you might struggle with repayments.

Get independent advice on money, finance products, debt management, and budgeting through Citizens Advice and MoneyHelper.