Carmoola - Used Car Finance

Carmoola - Used Car Finance

Swift & flexible car loans

6 ratings
198 reviews
Free

Details

Released
March 16, 2022
Updated
October 29, 2026

Features

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About

Securely obtain upfront car finance for your next vehicle. Get a personalized budget in seconds, choose your car from dealerships, and manage flexible payment plans all within the app. UK-based support is available daily.

✓Instant car finance budget
✓Flexible payment plans
✓Free car history check
✓UK-based customer support
✓Manage payments in-app
✓Apple Pay integration
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What users say about Carmoola

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+1

What's New in Carmoola

2.3.1

October 29, 2026

In this version, we’ve made a load of small improvements to make your car buying experience nice and smooth :)

User reviews

5 Stars are simply not enough!

⭐⭐⭐⭐⭐ If I could give Carmoola 10 stars, I would! ⭐⭐⭐⭐⭐

I honestly can’t praise Carmoola enough. From the very beginning, the whole experience has been absolutely first class.

Buying a car can be stressful, particularly when you’re trying to sort out the finance alongside everything else, but Carmoola has made the entire process incredibly simple, straightforward and, dare I say it, actually enjoyable!

Everything has been clear and easy to understand, the app is brilliant, and whenever I’ve needed help or had a question, the level of customer service has been exceptional. You genuinely feel like you’re dealing with people who want to help, rather than just another finance company.

Communication has been quick, friendly and reassuring throughout, and nothing has ever felt like too much trouble. That level of service makes such a difference when you’re making a significant purchase like a car.

I’m still going through the final stages of buying my car, but based on my experience with Carmoola so far, I couldn’t be happier with my decision to use them.

Five stars simply doesn’t feel enough. If there were ten available, I’d happily give them all ten! 🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟

Thank you to everyone at Carmoola for making what could have been a stressful process feel so easy. Highly recommended! 🚗🙌
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Insane

You honestly must be off your head with the interest rates even with a perfect credit rating still getting 15% that’s ridiculous

Best provider

Fantastic service

Gill

I first came across Carmaula through an advertisement on Instagram. After seeing the ad, I decided to apply for a loan, and the whole process was surprisingly quick and straightforward.

I submitted all the required details and documents, and the team processed everything efficiently. The funds were transferred very quickly, which made the experience smooth and stress-free.

I’m also very happy with the monthly repayment plan, and the interest rate of 9.5% is fair and competitive. Overall, I had a great experience with Carmaula. Their fast service, simple application process, and helpful support made everything easy from start to finish.

I’m really pleased that I chose Carmaula, and I would happily recommend them to anyone looking for a reliable and efficient loan provider.
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Best app ever

This is the Best app i have ever used !an easy access and easy to understand one click to customer service everything is under the fingertips, but i can’t use Carmoola plus its asking for update the payment card but now i can’t even payment card to sort out having an active agreement, could you please fix this ! Thank you.
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User experience

🐞

Reported Bugs

2 issues

Login issues and inability to access account

Bug

Inconsistent car details and registration plate changes

Bug
✨

Requested Features

3 requests

Loyalty program or benefits for returning customers

Feature

Expand approved dealership network

Feature

Improve app stability and reduce bugs

Feature

FAQ

How quickly can I get a car finance budget with Carmoola?

You can find out how much cash you can splash in just 60 seconds by answering a few quick questions within the app. This allows for a rapid assessment of your potential budget.

What types of car finance does Carmoola offer?

Carmoola offers Hire Purchase (HP) and Personal Contract Purchase (PCP) car finance. HP allows you to own the car after repayment, while PCP has an optional balloon payment at the end.

Can I refinance my existing car finance with Carmoola?

Yes, Carmoola allows you to refinance your existing loan to potentially save money. This option is available for Hire Purchase (HP) finance.

What are the loan limits and terms for Carmoola?

For HP, budgets range from £2,000 to £40,000 over 1 to 5 years. For PCP, budgets are from £4,000 to £55,000 over 1 to 4 years, with annual mileage restrictions.

Is Carmoola available on all devices?

Carmoola is currently supported on iPhone and iPod devices. Finance is subject to status and only available to mainland UK residents aged 18 and over.

How can I contact Carmoola support?

Carmoola's UK-based support team is available every day from 8 am to 8 pm via phone, email, SMS, or WhatsApp for quick answers and assistance.

Does Carmoola have ads?

No, Carmoola does not contain advertisements. The app is free to download and use, focusing solely on providing car finance services.

What is the representative APR for Carmoola finance?

The representative APR for Carmoola finance is 14.9%. This rate is subject to your individual circumstances, affordability, and credit profile.