Finance

Car, bike and van finance products

First Response Finance has 20 years’ experience within the car finance industry.

In addition to the knowledge we have gained over the years we have also won national awards based on our customer service.

Representative 38.9% APR, First Response Finance

Hire Purchase

We offer Hire Purchase finance agreements across three types of vehicles: car, van and motorbike.

A Hire Purchase agreement (HP) means you pay pre-agreed monthly payments for a set period of time and do not own the vehicle until you pay your final payment.

Car Finance with First Response

Car finance

We've spent time improving our car Hire Purchase product through customer feedback to ensure it is straightforward and simple. It is now easier than ever for us to finance a car with First Response Hire Purchase.

More on car finance

Motorbike Finance with First Response

Bike finance

We have a large number of motorbike partners across the UK as we have a great relationship with motorbike dealers.
This relationship means that we can provide motorbike finance for most types, whether new or used.

More on bike finance

Van finance with First Response

Van finance

As a specialist lender in light commercial vehicles (LCVs) we are well equipped to deal with your financial needs. Most customers who take out van finance with us are self-employed, and need the vehicle for business needs.

More on van finance

Hire Purchase Pros & Cons

Pros
  • Simple to arrange
  • Fixed monthly payments
  • Fixed interest rates
  • Flexible term lengths 18-60 months
  • Vehicle belongs to you after final payment
  • Deposits not required
  • No annual mileage restrictions
  • You are protected under the Consumer Rights Act 2015
Cons
  • The vehicle is at risk of repossession if you do not keep up repayments
  • You do not own the vehicle until your final payment
  • Hire Purchase is not suitable if you plan on paying off your loan within 6 months
  • Finance is subject to status and not guaranteed

More about Hire Purchase


Personal Loan (existing customers only)

As an added bonus of being a First Response Finance customer we are able to offer customers the opportunity to get a personal loan. For more information click on the link below. You cannot apply for a Personal Loan online.

More on Personal Loans


Cost of finance

As with any type of finance the APR you get will depend on your previous credit history, which is seen as proof of how you manage your money.

Typically customers are categorised into one of three categories:

  • poor history (known as sub-prime)
  • fair history (known as near-prime)
  • good history (known as prime)

The rate you are offered by any finance company will depend on which category you fall into.

You can use our calculator to see how your credit history will affect the APR we can offer:

Calculate a vehicle loan

If you're unsure about your credit file we recommend giving our blog a read which details ways to improve your credit rating.


Working with dealers

When choosing the right dealer you can be sure that we always have your best interests at the front of our mind.

First Response look at working with dealers as a partnership in order to build strong, long lasting relationships.

That’s why we do several checks for new dealers to make sure they’re right for you and for us.

We invest our time to help dealerships improve their processes, marketing and technical offerings.

Giving this extra help allows us to work together efficiently and for your benefit.

Read more about why we only work with selected dealers.