Specialists in Irish Car Finance
Simple Car Finance
Apply for car finance and receieve a decision the same day.
Our Application Process
A hard credit search takes place at the point of applying.
Our HP Finance Offering
LM Operations offers hire purchase (HP) car finance, a traditional way of financing that includes an optional deposit, followed by monthly payments and eventual ownership of the car.
LM Operations is a lender and not a broker, meaning you don’t have to go through a middleman to find out if you’ll be accepted. When you apply for car finance with us, we’ll process your application, and you’ll receive a decision the same day!
Finance Calculator
Find out how much you could borrow. This is for illustration purposes only.
Warning: If you do not meet the repayments on your hire-purchase agreement, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit, a hire-purchase agreement, a consumer-hire agreement or a BNPL agreement in the future.
Warning: You may have to pay charges if you pay off a hire-purchase agreement early.
How Your Finance May Look
Representative example: Borrowing €12,500 over 54 Months with a representative of 17.9% APR, an annual interest rate of 17.9% (fixed) and a deposit of €0.00, the amount payable would be 53 repayments of €327.52 per month, with one final repayment of €526.52 (which includes the option to purchase fee of €199.00), with a total cost of credit of €5,385.08 and a total amount payable of €17,885.08.
LM Operations Ltd are a lender, not a broker. This is for illustrative purposes only and is not a quote or an offer of finance.
Our finance rates vary depend on individual circumstances and is subject to status.
A hard credit search is undertaken which will be recorded on your credit report.
Want To Get In Touch?
Contact us for dedicated car finance support. Whatever your issue, we are here to provide solutions. Find the relevant contact for you, and reach out to us for assistance.
FAQ
Here are some answers to Frequently Asked Questions
How do I make an application?
If you would like to apply for car finance, you have a few options:
- Email us at lmosales@lmoperations.ie
- Call us on 01695 0414
- Apply online via our form in 30 seconds
How does my credit score affect my options?
As with many lenders, your score will affect how much your monthly repayments will be. If your score is lower, it might mean your payments are larger. There are many things you can do if your score is low and you want to improve it—our top tips would be
1) Keep up to date with your bills, it’ll show lenders you can keep up to date with payments
2) Fix any mistakes on your report, by checking it regularly you can make sure its up to date with no mistakes.
If any doubt, contact the Central Credit Register to discuss your specific case.
How can I calculate car finance payments?
You can use our free car finance calculator here, to get an approximation of your monthly repayments. The estimation is based on; the amount you want to borrow, your repayment term, and your credit score.
How long is the process?
Once we have all your details we can provide a provisional approval within 30 minutes of application and check customer proofs within 1 hour.
What forms of ID can I use?
You’ll need your driving license, a recent pay slip and 3 months of bank statements.
How to check for existing finance on a car
Speak to your car finance provider and request a full history of the car. Alternatively, you can use a free site to check. Simply enter your car registration and it will tell you if a car has outstanding finance on it.
Can I settle my agreement early?
Yes, you can settle your agreement anytime by contacting us and requesting a settlement figure.
Warning: You may have to pay charges if you pay off a hire-purchase agreement early.
Can I change my monthly costs to payments?
HP Agreements are a fixed credit agreement, so you cannot change your monthly costs to payments.
Can I apply for car finance if my credit isn't perfect?
Credit scores are important but don’t dictate your eligibility. If you are unsure as to whether you can be approved for finance with bad credit, visit our car finance calculator where you can receive an approximation of your repayments with differing credit scores.