Not everyone has spare cash lying around for a big repair bill. See how Payment Assist can help customers spread their bill over manageable monthly payments.
Customers Struggle to Afford Repairs Upfront
Car repairs can be costly, especially when unexpected. A sudden breakdown or failed MOT can leave customers facing bills of hundreds of pounds. Between 2023 and 2024, repair costs have risen, making it even harder for drivers to afford necessary repairs. Many customers ask if there’s a cheaper fix or say they’ll return next month, not because they don’t want to repair their vehicle, but because paying in one go isn’t feasible.
When a customer can’t afford a repair, it affects both them and you:
- They drive away in a potentially unsafe car, feeling worried and unhappy.
- You lose out on work and the chance to help them.
So, how can the job get done without breaking the bank?
Car Repair Finance Is the Solution
Instead of paying the entire bill upfront, customers can make affordable monthly payments with no interest added. A £400 repair bill might be met with hesitation, but four monthly payments of £100 make it much more manageable.
0% Finance Makes It Even Easier
By offering a 0% finance option, customers can agree to repairs without the burden of a lump sum or high-interest charges. Unlike bank loans or credit cards, where interest increases the total cost, 0% finance is a safer, more affordable alternative.
Most Customers Get Instant Approval
For bills below a certain threshold, there’s usually no complicated credit check. A valid debit card and a few details are often enough for approval, making 0% finance a simple and accessible solution for most customers.
Interest-Free Car Repair Finance Grows Your Business
Helping customers is the right thing to do, but offering finance also benefits your business.
More Sales and Bigger Jobs
When cost isn’t an immediate barrier, more customers say yes to repairs. This allows you to capture jobs that might otherwise be lost. Customers are also more likely to approve all recommended work now rather than postponing part of it, increasing revenue per visit.
Builds Customer Loyalty and Referrals
Turning a large bill into manageable payments earns goodwill. Customers appreciate the flexibility and trust businesses that support them during tough financial times. They’re more likely to return and recommend your repair centre to others.
Ready to Offer 0% Finance? We’re Here to Help.
If you’re ready to grow your business and offer customers affordable monthly payments, Payment Assist is the solution. As a leading provider of 0% car repair finance, we make it easy for garages and repair centres to integrate this service.
We cover your customer’s repair bill upfront, and they repay in regular, interest-free instalments. This means you get paid immediately while your customers manage their expenses more comfortably. Payment Assist is FCA-regulated and bank-backed, ensuring stability and reliability.
Sign up today by following this link or get in touch with our team for more information.
FAQ
Do customers need to pass a credit check to use 0% finance?
We check that their card has the funds to pay the initial deposit and that the address registered on their debit card matches, but we don’t leave a footprint on their credit status, and it only takes a few seconds. If we ever do need to carry out a full credit check, we’ll always get permission first.
What if a customer doesn’t pay for their instalments?
If a customer doesn’t pay on time, then we handle the follow-up, including any late fees. You’ve already been paid for the job, so your garage won’t lose out even if someone defaults on their payment.
How long does it take for a customer to get approved for 0% car repair finance?
Approval is usually instant. In most cases, the customer just needs to provide their debit card details and basic information, and they can be approved in minutes.
