Evolution Loans Car Finance

Evolution Loans are a UK-based provider of Hire Purchase (HP) agreements._ Find out if you're eligible for Car Finance with Evolution Loans by using our online comparison powered by Motiv Finance._ Your no-obligation quote will appear on-screen, allowing you to make a decision on going ahead.

Compare the following providers

  • Bamboo Car Finance logo
  • Evolution Loans Car Finance logo
  • Lendable Car Finance logo
  • Likely Loans Car Finance logo
  • Moneybarn Car Finance logo
  • Oodle Car Finance logo
  • Shawbrook Bank Car Finance logo
  • Zopa Car Finance logo

*Eligibility Service:

The car finance eligibility service is fully provided by Monevo.  The data you supply is directly submitted to Monevo and is used to retrieve personal loan and hire purchase quotes from their panel of lenders. If you select a loan purpose other than for car purchase you will only receive quotes for personal loans. By using their eligibility service you are agreeing to Monevo’s terms and conditions and privacy policy which can be found at Monevo.co.uk

Monevo.co.uk is a registered Trading Name of Monevo Limited which is an Appointed Representative of Quint Group Limited, and is entered on the Financial Services Register under reference number: 723672.  Quint Group Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 669450.  Monevo Limited is registered in England and Wales (Company number 06511345). Registered office: Glasshouse, Alderley Park, Nether Alderley, Cheshire,SK10 4ZE.  Licensed by the Information Commissioners Office, (Registration number Z1498441).

Last updated on 13 July 2021.

Evolution Loans Car Finance FAQ

Who are Evolution Loans?

Evolution Loans is a lender that specialises in car finance. The Chesterfield-based lender is a sister company of Evolution Funding Limited, the UK’s largest motor finance broker, and sits on their diverse panel of lenders.

What finance options does Evolution Loans offer?

Evolution offers Hire Purchase.

There are finance options for older vehicles (that will be no older than Evolution’s set maximum age by the end of the agreement), as well as light commercial vehicles that are used by self-employed individuals and limited companies. Furthermore, Evolution car finance can also fund motorcycle and motorhome purchases.

How much can I borrow from Evolution Loans?

Evolution Loans Motor Loans gives you the option to borrow smaller and larger amounts, up to a certain limit.

Evolution Loans Hire Purchase agreements are available with a range of term lengths (longer terms are available for motorhomes). The exact amount you can borrow, and the APR on each loan, will depend on your own individual situation, as well as the car you wish to finance and the duration of the loan.

Who is eligible for Evolution Loans car finance?

Individuals aged 18 and above are eligible to receive Evolution Loans car finance. Evolution Loans aims to look at the whole picture of a person’s application, including their current financial situation and ability to make repayments, and not just their credit rating.

Evolution Loans may consider applicants who have defaulted on a previous loan or people with a County Court Judgment (CCJ), but this will depend on individual circumstances.

Is Evolution Loans safe?

Evolution Loans Ltd is authorised and regulated by the Financial Conduct Authority. They are a lender, not a broker.

Services offered by this provider may change over time. Always check Ts&Cs.

Not found what you are looking for?

NerdWallet - Our awards

Award-winning comparisons you can trust

It's always nice to know you're on the right track. Over the years, as we have striven to improve the services we provide to our clients and users, we have been pleased to receive recognition for our efforts from both industry and consumer bodies.