How to Finance a Dacia

Why People Finance a Dacia

Dacia’s reputation for reliable, value-driven motoring continues to attract discerning UK buyers. The brand’s appeal lies in its refreshingly simple line-up, affordable pricing, and low running costs. Models such as the Dacia Sandero and Duster consistently rank among the most economical new cars on the market, with typical prices for new vehicles stretching from just under £13,000 for a Sandero to around £20,000 for a well-equipped Duster.

Despite these attractive price points, many buyers opt for car finance to spread the cost. Financing a Dacia allows drivers to access new or nearly new vehicles without tying up a significant lump sum. For example, Dacia customers often choose Personal Contract Purchase (PCP) or Hire Purchase (HP) to keep monthly outgoings manageable while enjoying the security and comfort of a new car. Financing can also free up your capital and help manage cash flow in uncertain times—benefits that resonate strongly in today’s market.

Your Car Finance Options Explained

When considering how to finance a Dacia, UK buyers have several main options:

PCP (Personal Contract Purchase)

PCP remains a favourite for Dacia drivers seeking flexibility and lower monthly payments. Here’s how it works:

• You pay an initial deposit (usually 10–20% of the car’s value)

• Monthly payments cover the car’s depreciation, not the total price

• At the end, you can return the car, pay a final “balloon” payment to keep it, or trade up

Pros: Lower monthly payments, flexibility at the end

Cons: Large final payment if you want to own the car, mileage restrictions

Example: A new Dacia Sandero on PCP might cost £180/month over 48 months with a £2,000 deposit, and a final payment of £5,000 if you decide to purchase.

HP (Hire Purchase)

HP is straightforward: you pay a deposit and spread the remaining cost over fixed monthly payments. At the end, the car is yours—no balloon payment.

Pros: Clear path to ownership, no mileage limits

Cons: Higher monthly payments than PCP, less flexibility

Example: That same Sandero might cost £250/month over 48 months with a £2,000 deposit, and you own the car outright at the end.

Lease or PCH (Personal Contract Hire)

Leasing (PCH) is essentially renting the car long-term. You never own the car, but monthly payments are often low and include road tax.

Pros: Low payments, hassle-free, maintenance sometimes included

Cons: No ownership, strict return conditions, mileage caps

Personal Loans

Taking out a personal loan to buy a Dacia outright is an alternative. You’ll own the car from day one, with fixed repayment terms.

Pros: Full ownership, no mileage limits

Cons: Requires good credit, can be less competitive than secured car finance

How to Get the Best Deal on a Dacia

Finding the best Dacia car finance deals in the UK calls for careful comparison and a methodical approach.

1. Compare Lenders and Brokers

Don’t settle for the first offer. Use online brokers like Kandoo to access multiple lenders and compare Dacia PCP offers and HP rates side by side.

2. Check Your Credit Score

A higher credit score can unlock better rates. Use a free UK credit checker and correct any errors before you apply.

3. Negotiate Dealer Finance

While main dealers sometimes have the most competitive APRs (especially on new cars), independent brokers may offer more flexible criteria or exclusive incentives. Always ask if the dealer can beat your best quote.

4. Consider Deposit Size

A larger deposit reduces your monthly payments and may improve approval chances. However, many Dacia finance deals are available with as little as 10% down.

5. Time Your Purchase

End-of-quarter targets, new plate releases (March and September), and seasonal promotions often bring better offers. Look for “0% APR Dacia deals” or deposit contributions during these periods.

6. Read the Fine Print

Always check for mileage limits, excess charges, and end-of-contract terms. Transparency now prevents surprises later.

Eligibility & Credit Check Tips

Lenders take a holistic view when assessing your Dacia finance application. Here’s what they typically review:

• Income and Affordability: Can you comfortably afford repayments? Lenders assess monthly income, outgoings, and overall debt-to-income ratio.

• Employment Status: A stable job or regular income (including self-employment) reassures lenders.

• Credit File: Past borrowing behaviour, missed payments, and existing debts all factor in.

• Electoral Roll Registration: Being registered at your address helps confirm your identity and stability.

Even if you have bad credit, Kandoo can help match you with lenders who may still approve your application. Many specialist lenders consider a wide range of circumstances, so don’t self-exclude.

Tip: To improve your chances, settle outstanding debts, avoid recent hard searches, and ensure all your details are up to date before applying.

Example Finance Scenarios

Let’s say you’re buying a 3-year-old Dacia Duster valued at £14,000. Here’s how PCP and HP might compare:

*PCP total paid assumes you make the final payment to keep the car; if you hand it back, you pay only monthly payments plus deposit.

This table illustrates how PCP can keep monthly costs down, though you’ll need to budget for the balloon payment if you want to own the car. HP offers certainty: higher payments, but outright ownership at the end.

Common Questions About Dacia Finance

Can I get 0% APR on a Dacia?

On rare occasions, Dacia or main dealers may offer 0% APR deals, typically on new models during promotional events. These offers usually require a larger deposit and are subject to status.

Is it cheaper to lease or finance my Dacia?

Leasing generally offers lower monthly payments but no option to buy. PCP and HP finance can work out cheaper in the long run if you plan to keep the car for several years. Compare total costs, not just monthly payments.

Can I get Dacia finance with bad credit?

Yes, it’s possible. Specialist lenders and brokers like Kandoo work with applicants with a range of credit histories. Expect higher interest rates, but options are available.

Can I refinance my current Dacia?

Yes, refinancing is possible if you want to reduce monthly payments or switch to a better rate. This is typically done through a new HP or personal loan arrangement—check that your existing agreement allows for early settlement.

How Kandoo Can Help

At Kandoo, we work with a panel of trusted UK lenders to help you find the best Dacia finance deals—quickly, securely, and with no impact on your credit score. Whether you’re considering PCP, HP, or alternative finance, our expert team can match you to suitable offers based on your budget and circumstances.

Ready to drive your new Dacia? Compare Dacia finance deals now →