Holmesdale Car Finance

Holmesdale Car Finance, an independent car finance broker in the UK

Holmesdale Car Finance presents itself as an independent car finance broker operating across the entire UK market. The firm does not act as a lender, but as a credit intermediary: it seeks out and structures agreements with a panel of financial institutions for vehicle purchases. Its approach is built around tailored solutions according to the client's profile and the type of car, with interest rates advertised from 8.9% APR.

Finance tailored to the driver's profile

The site organises its solutions by personal situation and by vehicle type. Among the categories aimed at specific drivers are finance for new drivers, for those still in the learner period, for tight budgets, for mid-range price brackets and for luxury vehicles. The company states that it handles any situation and adapts its proposal to each case.

By vehicle type

• Classic car finance.
• Internal combustion engine (ICE) vehicle finance.
• Electric car finance.
• Hybrid car finance.

Contract types

The firm offers three main finance options: PCP (Personal Contract Purchase), HP or Hire Purchase, and car finance lease. It also states that it can refinance or restructure existing agreements, including equity release and negative equity financing.

Published representative example

The site shows an illustrative example: a loan of £12,000 over 60 months at a representative rate of 14.9% APR, fixed annual interest rate of 14.9% and a deposit of £0.00. The amount payable would be 59 monthly instalments of £279.03 and a final instalment of £289.03, which includes an option to purchase fee of £10.00. The total cost of credit would be £4,751.80 and the total amount payable £16,751.80.

The firm's arguments against dealership finance

Holmesdale defends its position as a whole-of-market broker to access better terms than could be obtained directly at a dealership. It points out that its panel of lenders allows it to offer lower-cost finance solutions and that its accumulated experience in the sector brings practical advantages to clients. The company also mentions that it handles enquiries outside normal working hours and seven days a week.

Customer reviews

The site includes numerous customer testimonials highlighting the speed of response, constant communication throughout the process and the work of specific advisers. Several accounts mention approvals within hours, handling finance directly with the dealership and the service received outside office hours. The firm presents itself as an entity well rated by its users.