Eurodrive Finance Review | www.eurodrive-finance.co.uk
Address: European House, 9 Apex Business Village, Newcastle upon Tyne, NE23 7BF.
Branding: Eurodrive Finance. AKA: Eurodrive Motor Finance.
FCA Licence: 620276.
From: European Vehicle Contracts Ltd.
Related: No companies.
Bad Credit Eurodrive Finance Available?: Yes.
Financed Vehicles: Cars.
Manage: No Eurodrive Finance login at www.eurodrive-finance.co.uk.
Opening Hours: Monday to Friday (9am/6pm).
Products: Hire purchase, lease purchase, personal contract purchase.
Sums: £1000 to £50,000 (new and returning).
Terms: 12 to 60 months.
4.9% to 33.99% APR.
Notes: Also operates from www.eurodrivefinance.co.uk (no hyphen), but this is built for dealer recruitment. No SSL is used on the lead form.
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Eurodrive was formed in 2004 and so they have been operating for more than a decade. Their main approach over the years has been to gather leads through dealerships, but they do enable direct applications. The complete interest span is headed above, but there are 5 split tiers. The rates at each step are 4.9% (Excellent), 11.9% (Good), 22.99% (Average), 29.99% (Poor) and 33.99% (Bad). There are 15 lenders attached to their panel, with 9 of these being disclosed through badges on their alternative website. A few notable lending partners include the likes of Alphera, Hitachi, Moneybarn and MotoNovo. For those that go on to complete an agreement, there will be a reward of £50 M&S vouchers handed over. This broker scores well in many departments, but without much of a focus on advertising they have been slipping in popularity in recent years.