Blue Motor Finance Ltd

Blue Motor Finance is a UK specialist vehicle finance company that provides car finance for used vehicles, primarily to customers who may not meet the criteria for mainstream motor finance. It focuses on the near-prime and non-prime lending market.

Blue Motor Finance works through a network of car dealerships, providing Hire Purchase agreements at the point of sale. Customers make fixed monthly payments and own the vehicle outright at the end of the agreement. Interest rates will be higher than those available from mainstream lenders, reflecting the higher risk involved in lending to customers with non-standard credit histories.

Because Blue Motor Finance is part of the used car and non-prime finance sector, it is important to compare the total amount repayable — not just the monthly payment — before agreeing to any finance. The difference between a competitive and an expensive motor finance deal can run to thousands of pounds over the term.

Blue Motor Finance has been part of the broader motor finance industry affected by the FCA's review of historical commission arrangements between lenders and dealers. If you have or had a Blue Motor Finance agreement, you may wish to review the FCA's consumer guidance on this topic.

If you have a Blue Motor Finance agreement and need to contact them, details are available on their website at bluemotorfinance.co.uk. Blue Motor Finance Ltd is authorised and regulated by the Financial Conduct Authority.

If you are struggling with repayments on a Blue Motor Finance agreement, contact their customer support team as early as possible. Free debt advice is available from StepChange on 0800 138 1111, National Debtline on 0808 808 4000, or Citizens Advice at no cost.