How it works

A Logbook Loan is a quick and easy way to take cash out
of your car.

We can provide cash immediately on your successful application. Simply call us on 0845 459 2274 or apply online to arrange a Logbook Loan. Car Cash Point can organise an appointment for you to either visit our office or for one of our nationwide Company Representatives will come to your home or place of work to complete the loan for you. On completion of the loan we will arrange for an immediate bank to bank transfer of your loan directly to your bank account.

At Car Cash Point you can borrow from £500 - £50,000. The maximum loan is up to 50% of the trade value of your car and is repayable from 78 weeks [18 months] to a maximum of 156 weeks [36 months]. The age and value of the vehicle will determine the maximum length of the agreement Car Cash Point can over you.

Car Cash Point weekly repayments are up to 87% cheaper than other Logbook loans and Payday type loans. Car Cash Point asks you to hold the loan for minimum period of 12 weeks. After the 12 weeks have expired you are able to settle early at any time and only pay interest for the time you borrowed the money. In addition, Car Cash Point allows you to make additional capital overpayments throughout the term of your loan. Your overpayments will be deducted from the original amount you borrowed and your new interest and capital payments will be re-calculated over the remaining term. The means you pay significantly less interest with no payment penalties – guaranteed!

Car Cash Point is a fully accredited member of the Consumer Credit Trade Association and therefore is fully compliant with its ‘Code of Practice’. We are committed to ethical and responsible lending and to providing the highest levels of professional customer service. We will only lend to customers in full time employment or those with proof of a regular income. See our lending policy.

Consumer Credit Trade Association Code of Conduct

In 4 simple steps the Car Cash Point can guarantee you an instant loan against your car:-

Stage 1 – Apply online NOW and receive your cash within 1 hour
  • Apply on line or call 0845 459 2274.
  • Car Cash Point will value your vehicle and confirm the loan amount and provide a free no obligation quotation.
Stage 2 – Accept the Loan and receive the cash the same day
  • Visit our office or for one of our nationwide Company Representatives will come to your home or place of work to complete the loan for you.
  • On completion of the loan we will arrange for an immediate bank to bank transfer of your loan directly to your bank account.
Stage 3 – Drive your car away and repay the loan
  • Continue to drive your car as normal.
  • You will continue to be responsible for the insurance, tax, MOT and the maintenance of the car for the duration of the loan.
  • Weekly or monthly payments are made into our bank account by direct debit or standing order.
Stage 4 – Repay the loan or make capital overpayments after 12 weeks with no penalties
  • Settle your loan at any time after 12 weeks and only pay interest for the time you borrowed the money.
  • Make additional capital overpayments throughout the term of your loan. Your overpayments will be deducted from the original amount you borrowed and your new interest and capital payments will be re-calculated over the remaining term. The means you pay significantly less interest with no payment penalties – guaranteed!

Need to extend the loan?
If you need to extend your car loan simply ask for an extension. If your extension is accepted, all you need to do is pay the interest accrued to date. Then you continue borrowing as normal for a further 6 months on exactly the same fixed rate with no penalty or extension charge.

Can't repay the loan?
If for any reason you can't pay-off your car loan and you do not want to extend the loan further, then don't worry there is no penalty fee.

The Car Cash Point will look to sell the Car and settle the loan on your behalf. We always endeavour to achieve the best possible price for your car and if we receive more money than the outstanding debt, we will return the surplus to you directly.