car repair finance

A row of coins stacked on wooden blocks marked 2025, used to show how the UK Budget could influence motoring costs and the automotive sector in the year ahead.

What Does the 2025 UK Budget Mean for the Automotive Sector?

What Does the 2025 UK Budget Mean for the Automotive Sector? 1200 628 Payment Assist Blog

The 2025 UK Budget brings a number of tax and policy shifts that will have knock-on effects through the automotive sector, with everything from fuelling your car to how often people visit the garage, and even which types of vehicles become more popular being impacted. This could change what it costs to own, run, and fix a car over the next few years.

Fuel Duty, Road Tax and Everyday Motoring Costs

The 2025 Budget keeps the temporary 5p fuel duty cut in place for now, but sets out a firm plan for duty to rise again. From September 2026, the cut is unwound in phases, and from 2027, fuel duty begins rising with RPI. That creates a slow, predictable climb in fuel prices that feeds directly into the rising motoring costs as a result of the UK Budget for petrol and diesel drivers. Older, higher-mileage vehicles are hit hardest because they consume more fuel, and many of those are the cars most likely to be in and out of workshops.

Vehicle Excise Duty also increases over the forecast period.

Higher registrations and the frozen thresholds for the expensive-car supplement mean many newer or premium ICE and hybrid cars drift into higher tax bands. That impacts purchasing decisions and affects how appealing certain models look once you take total ownership costs into account.

Electric and plug-in hybrid cars face the biggest structural change.

From April 2028, EVs incur a new mileage-based charge. Battery electric cars are taxed at 3p per mile; plug-in hybrids at 1.5p per mile. The OBR’s modelling shows this narrows the cost gap between EVs and petrol or diesel cars, especially for drivers covering long annual mileages. Although EVs remain cheaper per mile than ICE vehicles, the savings shrink. This affects leasing models, whole-life cost calculations and the economics of running an EV long-term.

EV Incentives and the Changing Cost Landscape

The 2025 Budget does include measures that soften some of the impact. The expensive-car supplement threshold for battery electric cars rises from £40,000 to £50,000 in April 2026. That lowers annual running costs for higher-end EVs and shifts some demand upward within the segment. EV purchase grants are also expanded between 2025-26 and 2029-30, which helps offset rising operating costs for those buying new electric vehicles.

Even with these offsets, predictions expect roughly 440,000 fewer EV sales over the forecast period compared with pre-budget projections. However, around 130,000 of these lost sales are regained thanks to the incentives, leaving a long-term EV adoption path that still rises but at a slightly shallower rate. For the automotive sector, the 2025 Budget matters in this instance because it directly influences workshop planning, technician training and long-term investment in charging and diagnostic capability.

A driver charges an electric vehicle while thinking about how the 2025 UK Budget may affect motoring costs and the wider automotive sector.

The Knock-On Effect on Servicing, Maintenance and Repair

Slower EV uptake still leads to more electric car usage, but the transition is marginally slower than previously expected. That means the jobs garages receive will still be a blend of combustion and electric work for the foreseeable future, with EVs driven slightly less on average because of the new mileage charge and the wear and tear profile shifts. Tyre use, brake wear and battery-thermal load follow mileage, so even small behavioural changes can impact your service patterns.

The budget’s wider economic backdrop matters.

Real household disposable income grows extremely slowly after 2024-25. Frozen income-tax thresholds pull more income into taxation, and inflation is set to stay above target in 2025 and 2026. Households maintain spending partly by reducing savings rather than enjoying rising wages, though there are increases in low-income wages in the budget, too.

This places pressure on discretionary spending, including non-urgent, amber vehicle maintenance. Some drivers will postpone cosmetic work or optional repairs. Others will seek clearer pricing or staged work to manage costs, so flexible car repair finance is highly relevant.

The 2025 Budget Could Mean Rising Garage Labour Rates

The 2025 budget expects nominal wage growth of around five per cent in 2024 and 2025, followed by lower growth from 2026. If you run a repair centre, this pushes labour costs higher in the near term before easing later. With the OBR predicting that unemployment will sit close to five per cent for several years, labour markets remain tight enough that technician recruitment and retention could still be difficult. These structural pressures continue to feed into perceptions of rising garage labour rates as a result of the 2025 budget.

A customer hands over a card for repairs as a mechanic prepares an invoice, reflecting the impact of the 2025 Budget on garage labour rates and overall motoring costs.

Cost pressures do not stop at wages.

Parts inflation remains elevated, and energy costs, while falling from their peak, still sit above pre-2020 norms. This means that many repair centres might feel compelled to adjust pricing. However, the same cost-of-living environment that raises workshop expenses also makes customers more sensitive to invoices. The competitive advantage increasingly lies not just in expertise but in clarity, predictability and helping customers manage big bills without delaying essential work.

The Broader Market Outlook

A constructive path for the trade.

Macroeconomic forecasts point to moderate GDP growth of around 1.5% a year with a historically high tax burden and limited room for big tax cuts, so the 2025 Budget’s impact on motoring feels like steady cost creep rather than a crisis moment. Drivers keep cars longer, the used market stays important, and demand for essential maintenance remains resilient, giving workshops a solid, if more demanding, operating environment.​

The businesses that win are those that adapt.

That means building EV skills into training plans, investing in diagnostics and charging capability, and reshaping the customer journey around flexibility instead of one‑size‑fits‑all pricing. For dealers and independents alike, pairing that operational resilience with modern finance options turns a challenging climate into a chance to deepen loyalty rather than lose work to delay.​

How Payment Assist Can Help Following the 2025 Budget

Against this backdrop, Payment Assist’s model, a fintech‑style, digital experience underpinned by the strength of Manx Financial Group and Conister Bank, is well placed to support both workshops and drivers. Interest‑free instalments at the point of repair make it easier for customers to say “yes” to the right job at the right time, protecting safety and vehicle health without forcing them to raid savings.​

For garages, that means fewer declined jobs, smoother workflow, and a stronger value proposition when labour and parts costs are under scrutiny. Onboarding is straightforward, there are no hidden fees, and thousands of UK partners already use the platform, giving you a practical, positive way to help motorists navigate post‑Budget motoring costs while positioning your business as a forward‑thinking, customer‑first operator.​ Sign up for Payment Assist today or get in touch to find out more.

FAQs

Does the mileage-based EV charge replace fuel duty?

No. It narrows the gap between EV and ICE running costs but does not fully replace the fuel duty revenue that the government expects to lose.

Will petrol and diesel cars become significantly more expensive to run?

Yes. Once the fuel duty cut is unwound and RPI uprating restarts, fuel costs rise steadily on top of normal price fluctuations.

Why does the Budget slow EV sales?

The new mileage charge increases running costs for high-mileage EV users. Even with grants and tax adjustments, this reduces projected demand compared with earlier forecasts.

How will repair bills be affected?

Higher labour and parts costs feed into service pricing. Customers may face higher bills for the same work compared to previous years.

A banner asking garages if they want to help customers manage rising motoring costs linked to the 2025 UK Budget by offering flexible, 0% finance options.

Further Reading

Young driver delaying car repairs while checking a broken-down vehicle, concerned about car repair costs.

Why Are Young Driver Repairs Being Delayed?

Why Are Young Driver Repairs Being Delayed? 1200 628 Payment Assist Blog

Skipping a service or repair can feel like a quick win when money is tight. Plenty of drivers, especially younger ones, see it as a way to save in the moment, but breaking down the long-term numbers tells a very different story. If a driver chooses to put off a job today, it means that it’s likely to cost them far more down the line.

It’s a common problem, too, with estimates that 1.3 million UK motorists are driving without an up-to-date car service. Over a third of people in their mid-twenties to early thirties also admit to skipping a service. That figure drops to roughly 1 in 7 in drivers over the age of 65. But why are young drivers delaying car repairs, and how can they avoid them?

What’s Driving the Delay in Young Driver Repairs?

When you look into the data, the same three reasons for delaying car repairs crop up time and again.

Car Repair Costs

This is by far the biggest factor. Most young people don’t have a car repair fund to dip into for preventative maintenance, which leads to them risking it by pushing back a service or so-called ‘amber work.’ This is an area where flexible car repair finance solutions like Payment Assist can make a huge difference. Find out more here.

Hassle & Inconvenience

RAC polling found that over a quarter of drivers say servicing and repairs are too much of a faff. It means losing your car for a day or two, and organising alternative transport to work or uni, as well as potentially rearranging childcare.

Lack of Understanding

MOT rules have changed of late, and plenty of young drivers admit that they’re not sure what needs doing and when. Some wait until the dashboard lights up or the car fails an MOT before sorting anything. By then, a small job has often turned into a big one.

Mechanic discussing car servicing and young driver repairs with a female driver in the garage.

What Happens When You Delay Car Repairs?

A car doesn’t fix itself. Miss out on car servicing or ignore a minor fault, and you’ll usually end up with something much worse. Tyres are a good case in point here, and it’s an even more prominent issue as Britain’s pothole problem continues to worsen.

Only 39% of UK drivers know the legal tread depth (which is 1.6mm), and over 2 million MOT failures happen every year because of tyre defects, which makes them the most common reason for failure in the UK. Half of these are classified as dangerous.

To counteract this, TyreSafe launched a young driver campaign to raise awareness of the issue. They’ve highlighted some important key messages, like the fact that just two illegal tyres can bring a six-point penalty loss and a huge fine. For younger motorists, this can mean starting again from scratch.

TyreSafe are also encouraging people to look out for early warning signs like low tread or poor inflation. The aim is to give drivers, parents, schools, and instructors the tools to build safer habits and avoid high car repair costs and legal penalties.

How Young Drivers Can Stop Car Repair Costs Escalating

As we’ve already mentioned, nipping any minor jobs and car servicing in the bud is crucial. Beyond that, there are some easy regular checks that motorists can do to minimise the chance of expenses snowballing.

TyreSafe recommends the ACT check for tyres (that’s: Air pressure, Condition, and Tread). Try to do it once a month, or whenever you fuel up. It takes a minute or two, and can prevent an MOT failure or worse.

There are also online MOT reminders that drop you a text or email to stop you forgetting your MOT date. Then, once your car’s being checked, it’s important to listen to the advisories. If your mechanic flags something with you, deal with it sooner rather than later if you want to save money in the long run.

Driver carrying out car servicing by inspecting tyre condition and tread wear at home.

A Quick Checklist for Younger Drivers

  • Don’t skip regular car servicing, even if money feels tight.
  • Watch for small faults and sort them early.
  • Do the ACT check on your tyres once a month.
  • Use MOT reminders and don’t ignore advisories.
  • Ask garages about collection or mobile services to avoid hassle.
  • If you can’t afford a bill, split the cost with car repair finance.

Need to Spread Your Car Repair Costs Without Delaying?

Young driver repairs don’t need to knock you off the road. With Payment Assist, you can split car repair costs into monthly instalments. The first payment is made at the garage when the work’s done, and the rest are split with no interest, set-up fees, or catches.

Our platform is helping people with repairs and car servicing across the UK; it’s already in use at thousands of trusted garages. Use our merchant finder to locate your nearest garage offering Payment Assist, and get essential work done straight away without the financial strain. If you’ve got any questions, feel free to get in touch with our team today.

FAQs

How often should I book car servicing in the UK?

Every 12 months or 12,000 miles is the rule of thumb, whichever comes first.

Are young driver repairs usually more expensive?

Not always, but newer drivers can face higher car repair costs if they buy older cars that need extra care.

Can delaying car repairs affect resale value?

Yes, missing service history or visible wear will lower the price when selling or part-exchanging your car.

How do I know if my car needs repairing?

Unusual noises, dashboard warnings, vibrations, or changes in handling often point to underlying problems.

Banner promoting young driver repair finance and affordable car repair costs with Payment Assist.

Further Reading

Classic cream car with open boot in a workshop, showing the impact of car repairs on the lifespan of a car, particularly for older vehicles facing higher maintenance needs.

Handling Car Repair Bills on Older Vehicles

Handling Car Repair Bills on Older Vehicles 1200 628 Payment Assist Blog

In the UK, people are hanging on to their cars longer than ever. The average lifespan of a car on British roads has reached nearly ten years, the highest figure on record. A decade ago, cars were usually sold or scrapped at about seven and a half years old.

Firstly, generally speaking, modern cars are more reliable. If you keep on top of your car’s maintenance, a modern engine can rack up well over 100,000 miles without giving in. The biggest driver, though, is likely the cost of living. When viewed as a proportion of income, new car prices have increased year on year. With the added pressure of higher household bills, many drivers just can’t justify the cost of replacing a working car.

Keeping a car for longer can be the right move for your pocket, particularly in the short term, but there are definitely challenges that come with it. Older cars have a higher risk of breakdowns, and the car repair costs grow, too. So, what are the best ways to manage the cost of repairs on older cars?

Why Older Cars Stay on the Road

There are a few reasons for this. Firstly, generally speaking, modern cars are more reliable. These days, they’re built with better technology and last longer than they used to. Engines are more reliable, bodywork tends to hold up better, and safety systems are much tougher. This means that drivers see less reason to sell or scrap a vehicle if it’s still running well.

The biggest driver, though, is likely the cost of living.

The biggest driver, though, is likely the cost of living. When viewed as a proportion of income, new car prices have increased year on year. With the added pressure of higher household bills, many drivers just can’t justify the cost of replacing a working car.

Close-up of a person using a laptop beside car keys and a toy car, representing the rising cost of living and financial pressures of car repairs and how budgeting affects the lifespan of a car.

There’s also hesitation over electric cars.

The government has shifted its plans for banning petrol and diesel sales more than once. Until there’s some level of clarity and consistency, drivers are more likely to hang on to their petrol or diesel cars rather than spend heavily on something new.

What’s the Financial Reality of Older Cars?

Older cars can be a pretty good deal if you’re not tied into finance payments, but car repair costs are an unavoidable part of ownership. Around six in ten UK drivers faced an unexpected repair in the past year, and the average bill comes in at just over £600. For a lot of households, that’s a big hit.

Younger drivers in particular struggle.

Almost half of under-25s say they would find it hard to pay a £500 repair bill. Some drivers have also admitted to skipping services or delaying essential jobs because of cost. The problem here is that small issues quickly snowball. Driving on bald tyres or ignoring brake warning lights might save money in the short term, but it almost always leads to a bigger bill later.

The reality is that as the lifespan of a car stretches, the likelihood of costly car repairs rises. The common jobs for nine to ten-year-old cars are often expensive, too, things like replacing brakes, tyres, batteries, exhaust systems, and suspension parts. More serious failures, like clutch or gearbox problems, can easily push bills over £1,000.

Try to Stay Ahead of Maintenance

The best way to manage costs on an older vehicle is to do your best to stay ahead of problems. Keeping up with car maintenance means that, most of the time, you can avoid the worst breakdowns. Regular servicing really helps here. If you keep to the service schedule, mechanics can catch minor issues before they become disasters.

Mechanic comparing worn and new brake pads during car maintenance, highlighting how regular servicing extends the lifespan of a car and reduces unexpected car repairs.

Even if money is tight, do your absolute best not to ignore MOT advisories. These are flagged for a reason, and acting on them as soon as possible is safer and cheaper than letting them fail completely.

Want to Extend the Lifespan of your Car? Flexible Car Repair Finance Can Help.

Not every driver has spare cash tucked away, and sometimes repairs come at the worst possible moment. That’s where 0% car repair finance services like Payment Assist can make the difference. It’s designed for drivers who need their cars back on the road straight away but can’t afford the upfront cost all at once.

We know how tough unexpected repair bills can be, especially with the rising cost of living. Our platform helps you to split the bill into interest-free payments so you can get your car repairs sorted early, before they spiral into more expensive issues that might impact the lifespan of your car. There are no fees or hidden charges, and most plans don’t even require a credit check.

With thousands of garages across the UK offering Payment Assist, it’s easy to find a merchant near you. You can learn more about what we offer here or get in touch with any questions.

FAQs

Do older cars fail MOTs more often?

Yes. Numbers from the DVA show that cars over ten years old are much more likely to fail an MOT, mainly failing on areas like brakes, tyres, suspension, or emissions.

Is fuel efficiency worse as a car ages?

It can be. Engines and components wear over time, so efficiency can drop. Keeping up with servicing and part replacements can help you maintain good fuel efficiency.

Are older cars reliable for long trips?

Yes, but (like any car) they’ve got to be well maintained. Lots of drivers take older cars on long motorway runs without issues, but a pre-trip check of tyres, fluids, and brakes is recommended before covering high mileage.

What’s the most expensive repair job on older cars?

Gearbox and engine rebuild are usually at the top of the list. Sometimes they can run into thousands of pounds. Without flexible car repair finance, these costs can be really difficult to manage.

Banner image reading “Want to cut car repairs while extending the lifespan of a car?”, linking cost of living pressures to smarter car maintenance choices.

Further Reading

and holding a smartphone showing a successful payment screen, illustrating interest-free car repair finance through BNPL services.

Payment Assist Partners with Purchase Direct to Bring Interest-Free Car Repair Finance to Millions

Payment Assist Partners with Purchase Direct to Bring Interest-Free Car Repair Finance to Millions 1200 628 Payment Assist Blog

Payment Assist can now announce a partnership with procurement group Purchase Direct to deliver a Buy Now, Pay Later (BNPL) solution across the UK’s franchised dealer network. This collaboration makes it easier for drivers to spread the cost of their repairs with zero fees and interest-free monthly payments, which simplifies transactions.

It’s a partnership that’s mutually beneficial. Dealerships benefit from a greater level of operational efficiency, and drivers get an easier way to manage the cost of keeping their car roadworthy.

Why it Matters for Car Dealerships

Dealers are set to gain a lot from the partnership. Unexpected repairs are often where customers hesitate to go ahead, and if repair centres are able to offer flexible payment terms delivered through a simple platform, they can increase amber work conversion and boost retention.

Because the Payment Assist system plugs straight into Purchase Direct’s payment platform, it also enhances transaction reporting. Businesses can expect to see a reduction in the time spent chasing payments, which reduces administrative burden and improves operational efficiency.

Mechanic inspecting the underside of a car in a workshop, highlighting the cost of car repairs and flexible BNPL payments.

Why This Matters For Drivers

Unexpected repairs are a financial burden on drivers across the UK. Often, such repairs can be highlighted during routine checks like MOTs, presenting motorists with a bill they hadn’t been able to budget for. For jobs like brakes, tyres, and suspension, immediate attention is usually required, which makes access to interest-free car repair finance crucial.

It is in this context that partnering with a procurement group like Purchase Direct makes a tangible difference. Instead of being met with the total repair cost up front, drivers can now spread the cost of car repairs across monthly payments with no added fees or hidden interest. It provides a simple, transparent solution that ensures drivers do not have to choose between road safety and affordability.

Purchase Direct’s simple, ergonomic payment platform already supports almost two-thirds of the franchised dealer network, so the flexible payment option is directly available at the point of payment. The process is simple to use, offering motorists a clear box-tick to choose monthly payments instead of a single bill.

Driver holding the steering wheel inside a car, representing buy now, pay later (BNPL) flexibility for motoring costs.

Voices From The Partnership

“Adding Payment Assist technology to our dealer platform is an important step forward. Consistent growth in the BNPL sector shows there is customer demand, and dealer interest is high, thanks to the promise of increased revenue. Ultimately, it’s the driver that benefits most, with affordable monthly payments making it easy to keep their vehicle to the highest standard on the road, so we’re delighted to be working with Payment Assist.” – Sharon Landau, project manager at Purchase Direct.

“Our partnership with Purchase Direct is hugely beneficial in all areas. Adding our BNPL offering to their payment platform will make it easier for customers to pay and for garages to get paid. Minimised up-front costs for drivers, thanks to our flexible, interest-free payments, is a valuable benefit for Purchase Direct customers, and we are excited to bring Payment Assist’s products to such a wide audience.” ­– Marcus Gregory, CEO of Payment Assist

 “This collaboration represents a major milestone in our growth strategy. Purchase Direct’s reach across the franchised dealer sector, combined with our trusted finance solution, creates a powerful proposition for the market. We know from experience how valuable the right payment options can be — for drivers and for dealers.” – Chris Masters, Chief Commercial Officer at Payment Assist.

Need Interest-Free Payments That Work For You?

At Payment Assist, we are proud to be a leading provider of interest-free finance for automotive repairs and servicing. We work with garages, dealerships, and service providers across the country to make it easier for customers to afford the work they need. Our zero-interest, fee-free monthly payment plans remove the pressure of upfront repair bills, helping drivers spread the cost fairly and responsibly. For dealers and garages, our solutions boost conversion rates, retention, and revenue.

If you want to know more about how Payment Assist can support your business, or if you are a driver looking for garages that offer our plans, please contact us today.

FAQ

What does Buy Now, Pay Later mean in car servicing?

It allows drivers to spread the cost of car repairs or servicing into monthly instalments rather than paying everything up front.

Do BNPL options affect credit scores?

We simply check that your card has adequate funds to pay the initial deposit and that your address matches. There is no footprint left on your credit status.

Is it safe for garages to use BNPL solutions?

Yes. Approved BNPL providers handle the payment process securely and ensure garages get paid quickly, reducing financial risk.

Why are more industries moving to BNPL?

Customers prefer manageable monthly payments. It boosts sales and makes services more accessible.

Can BNPL work for emergency repairs?

BNPL is often most helpful in unexpected situations, allowing repairs to be carried out immediately while payments are spread over time.

Graphic with text asking about a BNPL solution for drivers and dealerships, linking to interest-free car repair finance options.

Further Reading

Calculator displaying the word flexibility to highlight the benefits of flexible finance options.

Why UK Companies are Turning to Flexible Business Finance

Why UK Companies are Turning to Flexible Business Finance 1200 628 Payment Assist Blog

Rising costs, fluctuating demand, and tighter margins mean that companies are having to totally rethink the ways in which they fund growth and manage day-to-day operations. More and more are choosing business finance as a tool to stay agile; among them, flexible finance options are proving the most popular.

Rather than relying on one type of borrowing, businesses are tending to spread the risk. This essentially gives them more breathing space, with various finance options handing them the chance to bridge gaps or seize new opportunities. It’s not just large firms making these moves, either. Small businesses are finding that a tailored approach to finance makes it easier to manage cash flow without missing out on investment opportunities.

Why are Flexible Finance Options on the Rise?

Traditional lending can be rigid, and fixed repayment schedules and lengthy approval processes can tie companies down. Flexible finance allows your business to scale borrowing in line with demand. It might mean short-term support that gives the capacity to cover seasonal fluctuations or longer arrangements to back major projects.

The attraction is simple, really; players across markets want certainty without having to sacrifice on agility. A long approval cycle for a bank loan can delay projects, but a quicker route through specialist providers can free up cash when it’s needed most. The global financial situation is uncertain, too, so speed and flexibility are becoming essential.

You Have to Manage Your Cash Flow

No matter the size or sector, being able to manage cash flow is as critical as ever. Late payments, unexpected costs, or an unexpected rise in overheads drain your reserves quickly. Even businesses that might look profitable on paper can find themselves squeezed if cash isn’t available at the right time.

Chalkboard diagram showing cash flow management with financing, investing and operating activities for business finance options.

Business finance helps bridge those gaps.

Rather than dipping into savings or holding back on growth plans, companies can get hold of working capital and spread costs. For many, this isn’t about taking on debt unnecessarily but more about smoothing out the bumps so that day-to-day operations aren’t disrupted.

With flexible finance options in place, businesses can pay suppliers on time, cover wages, and invest in stock without waiting for invoices to clear. That stability keeps teams moving forward and avoids the stress of constant firefighting.

Adapting to Market Shifts

Uncertainty has become part of business life, mainly because of supply chain issues, inflation, and customer demand. These shifts have made long-term planning more complicated. In turn, this has created a stronger demand for finance that can be adapted quickly.

A fixed facility might still work for some, but many companies want the ability to increase or decrease their finance depending on what’s happening in the market. That flexibility is especially useful for industries with peaks and troughs throughout the year, like hospitality, for example.

Supporting Growth Plans

Growth often means upfront investment. Hiring staff, upgrading technology, and expanding premises; all of it puts pressure on your finances. Funding these plans entirely from cash reserves just isn’t realistic for many companies.

With flexible finance options, you can break down these investments into manageable payments. This makes it easier to commit to new projects without overstretching. Instead of pausing plans until reserves are built up, use business lending options to grow when the time is right for you.

There’s also a competitive advantage here.

Businesses that act with speed and decisiveness to secure opportunities are much more likely to gain the upper hand. With access to suitable finance options, they can launch products, expand into new markets, or secure contracts while rivals are still arranging funding.

Business professionals shaking hands over financial documents after agreeing flexible business finance options.

Building Financial Resilience

As we’ve discussed, global finances are far from reliable, which is why financial resilience has become so important.  Having a single, dependable business finance arrangement that adapts to circumstances reduces the risk of being caught off guard by sudden changes.

Instead of being exposed to cash flow pressures or forced to pause investment, you can continue operating with confidence, and be confident that your finance is working alongside them rather than against them.

This adaptability means that even when unexpected challenges arise, the same facility can still provide the support required. By using flexible finance options in this way, you’re better positioned to manage your cash flow and maintain growth, without having to juggle multiple arrangements from different loan providers.

Get Flexible Finance Solutions with Payment Assist

At Payment Assist, we support businesses across the UK with a range of flexible finance options designed to make funding straightforward and adaptable. Our business lending division focuses on giving you practical ways to manage cash flow and access business finance when you need it the most. To find out more about how our flexible finance options can support you, get in touch with us today.

FAQs

What is the difference between a loan and flexible finance?

A loan usually comes with fixed terms, but flexible finance can adapt repayments to fit the way your business earns and spends money.

Can flexible finance support short-term needs?

Yes. It can be used to cover temporary costs as well as long-term investments, so it can help your business stay stable during busy or quiet periods.

Does flexible finance always mean higher costs?

No, not necessarily. In many cases, spreading payments makes investment more manageable without significantly increasing the total amount paid.

Why do businesses choose finance instead of using cash reserves?

Paying upfront can reduce working capital and limit flexibility. Finance allows businesses to spread costs while keeping reserves available for other needs.

Is flexible finance only for larger investments?

No. It can be used for both small and large expenses, depending on what best suits the company’s plans.

Business finance advert with call to action asking about funding expansion through flexible finance options.

Further Reading

Mechanic holding car engine parts and a calculator, representing increasing car repair costs.

Managing Increasing Car Repair Costs for Your Customers

Managing Increasing Car Repair Costs for Your Customers 1200 628 Payment Assist Blog

No one likes to hear the words “it’s going to cost more than you expected.” But sadly, it’s starting to become the norm. Over the last few years, we’ve seen that car repair prices are climbing. Parts, as well as labour costs, supplier lead times, and even the basics like oil and brake fluid, have all crept up.

And when customers can’t cover the cost up front, it puts pressure on the whole process. Delayed approvals, abandoned jobs, and awkward conversations aren’t going to help your garage get the work out the door. But there are simple ways to make things easier, not just for your customers, but for your workshop and your bottom line.

Why Car Repairs Are Costing More

It’s not your imagination; things really are more expensive. There are a few reasons for that.

For starters, modern vehicles are more complex. That means you’ll be dealing with more diagnostics and more specialist parts, so you’re probably spending more time under the bonnet. At the same time, inflation has driven up costs across the board, from components to consumables.

Add in labour shortages, longer wait times for parts, and squeezed supplier margins, and it’s hardly a surprise that costs are going up. Unfortunately, it’s not likely that this is a temporary blip. Vehicles are going to continue to get more technical, and manufacturers will keep tightening specs. We can, therefore, expect higher prices for car repairs to stick around.

Crunching the numbers.

According to the Office for National Statistics, the maintenance of motor vehicles cost index rose by 6.8% in 2024. For context, general inflation was roughly half that, standing at 3.5% in April this year. Pothole-related repairs alone now cost UK drivers about £144 on average each year, and garages reported average labour-rate increases of 2.5% in 2024.

There’s a Knock-On Effect for Garages

Many customers either don’t or can’t budget for unexpected car repair costs. And when the cost jumps from a couple of hundred quid to over a grand, it’s understandable for people to get cold feet. That’s when they choose to put things off. They ask to think about it and say they’ll call back later. How many times does that end with no reply, no booking, no revenue? That wasted time ends up costing you.

Helping Customers Say Yes Sooner

The easier it is for someone to say yes, the faster the work gets done.

That’s why more garages are looking at ways to make car bills that little bit more manageable, especially when budgets are tight. One way to do that is by offering flexible ways to pay. Giving customers the option to spread the cost over a few months with a buy now, pay later package can be a massive helping hand. If someone can get the work done now without having to fork out for a huge bill, they’re much more likely to agree to the work there and then. That means faster approval and faster turnaround, too.

Mechanic handing car keys to customer in a red vehicle, representing buy now pay later car repairs

Do Rising Car Repair Costs Create an Opportunity?

Strangely, the answer could be yes. If you can find a way to make life easier for your customers, they’ll remember it. And in a market where trust is everything, that gives you the edge over competitors who are still expecting full payment up front.

Adding a buy now, pay later option is a powerful way of tapping into a business growth opportunity. More completed jobs, fewer abandoned quotes, better customer loyalty. It helps you turn a one-off visit into a long-term relationship.

And from a practical point of view, offering a flexible payment option shows you actually understand the reality most people are living in. Cost-of-living pressures are a real hurdle. Being the garage that gets the struggle? That could make a big difference.

Keeping the Workshop Flowing

Let’s face it, time is money. The longer a job sits waiting for customer approval, the more it clogs up your schedule. Offering a simple way to spread the cost keeps jobs moving. You’re not waiting for a payday or chasing phone calls. You’re just getting the work done.

And because these kinds of payment options are handled externally, there’s no risk you’re taking on. You aren’t acting as the lender, but you are making it easier for your customers, both new and old, to afford the repairs they need. It’s a win-win for everyone involved.

Mechanic lying on a creeper working underneath a vehicle in a garage, representing car repair garages offering buy now pay later options

Want to Help Your Customers with Increasing Car Repair Costs?

At Payment Assist, we help garages offer a smarter way to manage rising car repair costs. Our simple, interest-free buy now, pay later service means your customers can spread the cost with no hassle and no hidden fees.

We take care of the process, from approval to payment, so you can focus on the job at hand. There isn’t any risk, and there’s no upfront cost to your business. You just get a better way to get more work signed off, faster.

Sign up with Payment Assist today, or get in touch with us with any questions about how we can help you support your customers and grow your business.

FAQs

Can offering finance delay the car repair process?

Not if the approval is instant. With the right system in place, offering finance can actually speed things up by removing decision friction.

Is buy now, pay later a good fit for smaller car repair jobs?

It can be, especially if customers are juggling multiple costs. Even spreading a £250 job can make it easier for someone to commit.

How does offering payment options affect customer loyalty?

Customers who feel supported during stressful times are more likely to return, leave good reviews, and recommend your workshop to others.

Do customers need good credit to buy now, pay later?

At Payment Assist, we only check that the card has adequate funds to pay the initial deposit, and make sure the address registered to the Debit card matches. We very rarely carry out full credit checks.

Website banner reading “Looking to stay on the road without the shock of a single big bill?” with Payment Assist logo and red “Contact Us” button, promoting cost of car ownership finance options.

Further Reading

White toy SUV balanced on stacked coins with a jar spilling coins, representing cost of running a car and saving money.

Budgeting for the Total Cost of Running a Car

Budgeting for the Total Cost of Running a Car 1200 628 Payment Assist Blog

There’s more to running a car than filling up and driving off. Servicing, insurance, repairs, tyres; they all stack up. Skip the budgeting, and it’s only a matter of time before something stings.

According to the latest figures, the average cost of running a car in the UK is sitting around £3,350 a year. That’s before you even factor in things like surprise repairs or rising fuel prices. So, if you’re trying to get on top of your motoring costs, it’s not a bad time to take a closer look at what you’re really spending.

Here’s a breakdown of the big ones, and how to stay ahead of them without wrecking your bank balance.

Fuel and Insurance

Fuel is one of the most obvious ongoing expenses. Even if you’ve got a fuel-efficient motor, the price at the pump never stays still for long. A few pence here or there each week quickly becomes an extra £100 a year. There’s no simple fix for this, sadly. Shopping around isn’t a bad option, and services like PetrolPrices can help with this. Their interactive map is a handy way of quickly identifying the cheapest fuel close by.

Person refuelling a red car with green petrol pump nozzle, representing cost of running a car and fuel expenses.

As for insurance, annual quotes vary a lot depending on your age, postcode, driving history, and even your job title. Again, it pays to shop around every year and tweak your policy if you’ve made changes to your car or driving habits. Add in breakdown cover while you’re at it, too. It’s a small cost that can save you a big headache.

Servicing and Maintenance

Regular servicing has got more expensive recently, but it’s still one of the easiest ways to avoid unexpected bills. It’s a cost you need to account for. A basic service might only set you back £100–£150, but a full one could be closer to £300, depending on your car.

It’s also important to think about the parts that wear out over time. Tyres, brake pads, and batteries all have shelf lives. You might get a warning sign, or they might just fail one day. Having a buffer in your budget means you’re not scrambling when it happens.

If something does go wrong, a car repair payment plan can soften the blow and let you spread the cost, rather than getting lumped with a single hefty bill.

MOT Costs and Fixes

On MOT day, you hope for the best but brace for the worst. The test itself isn’t expensive (the government sets a max fee of £54.85 for cars), but the trouble is what comes after. A failed MOT can mean repairs you weren’t ready for. If your car needs new suspension, a fresh set of tyres or even just a bit of welding, it can run into the hundreds.

If you can, it’s definitely worth setting aside a bit each month for MOT costs. Even if your car sails through, you’ve still got that money ready for the next one or any repairs in the meantime.

Close-up of MOT sign with passing vehicle in the background, representing MOT costs of running a car.

Road Tax

Road tax (VED) might not be a regular talking point, but it’s still a part of the running costs. There used to be more variation in your road tax, but these days it’s more or less a flat rate for vehicles registered after April 2017, following the first year’s payment. The big exception here is vehicles with a list price of more than £40,000, which incur a tax of £425/year, more than double the average.

If you’re able to, it works out slightly cheaper to pay your tax annually, but there are options surrounding monthly direct debits if you need to spread the cost.

Create a Car Budget that Works

The best way to budget for your car is to break it down monthly. Add up everything (insurance, tax, servicing, repairs, MOT costs, the lot) and divide it by 12. Putting aside that amount each month into a ‘car pot’ means you’re not scrambling when those costs hit.

If you’re on a tighter budget, keep an eye out for ways to make things more manageable. A car repair payment plan can really take the pressure off when something unexpected crops up.

Need A Hand Spreading The Cost? Get 0% Car Repair Finance

When something goes wrong with your car, the cost shouldn’t put the brakes on everything else. Payment Assist offers an easy, interest-free way to handle car repair finance without dipping into your savings. Whether it’s unexpected MOT costs or a big repair bill, our car repair payment plan helps spread the cost so you can stay on the road without the stress.

We work with garages and dealerships across the UK to give you flexible options with no hidden fees. Head to our site to find a dealership near you or get in touch if you’ve got any questions.

FAQs

How can I reduce my car’s running costs?

Simple things help, like driving more efficiently, checking tyre pressure, and keeping up with regular servicing, all of which make a difference. It also helps to shop around for insurance and fuel, if you can.

Is it worth putting money aside every month for car expenses?

Yes. Setting up a small savings pot means you’re not caught out by things like MOT costs or emergency repairs.

How much should I budget for repairs each year?

It depends entirely on your car’s age and mileage, so an exact figure isn’t really feasible. Newer cars might cost less, but older ones can surprise you. A garage with car repair finance makes this much easier to manage.

What if I can’t afford a big repair bill?

0% interest car repair finance options are a great way to help spread the cost over time. Always check what’s available before agreeing to a job.

Website banner reading “Want to get repairs approved faster with stress-free payment options?” with Payment Assist logo and red “Find Out More” button.

Further Reading

Smiling mechanic shaking hands with a customer in a tyre shop

How Buy Now Pay Later Boosts Dealership Customer Retention

How Buy Now Pay Later Boosts Dealership Customer Retention 1200 628 Payment Assist Blog

Let’s be honest, car bills aren’t always cheap. Unexpected repairs or routine maintenance that hit at the wrong time of the month can drive customers to either delay or, even worse, disappear. That’s lost revenue, and it’s a missed chance to build a good relationship with a regular customer.

If you give your customer a bit of breathing room with a buy now, pay later option, though, the whole game changes.

Motoring Costs Are Stretching Budgets

Between rising insurance premiums, fuel prices, and the cost of parts, drivers nationwide are feeling the pinch at the moment. An MOT that used to come with a £150 bill can easily creep past £400 once advisory repairs and an annual service are thrown in.

The general cost of living is higher, too, which means a hefty car repair bill can easily get shuffled down the priority list. That doesn’t mean a customer doesn’t value the work; it might just mean they can’t afford the upfront cost.

Offering financial support at the point of payment makes life easier for both you and your customers because when you make costs manageable and accessible, customers remember it.

Why Buy Now Pay Later Works

There’s a psychological shift when a customer sees they’ve got a way to split the cost. A £600 bill is a lot (and often too much) to fork out for, but four payments of £150 each are much more manageable. Because buy now, pay later schemes like Payment Assist are interest-free, it’s a way of offering flexibility without squeezing extra interest fees out of the customer.

The whole thing takes minutes – the customer sees what they owe, agrees to spread it, signs digitally, and off they go. Job done, you get paid, they get back on the road.

Your Business Builds Trust

One of the biggest reasons customers avoid garages is the fear of being stitched up. They don’t always trust what they can’t afford. But when a customer sees upfront pricing with flexible payment, you take that fear off the table. Buy now, pay later removes confusion, bill shock, and delays, which builds trust and loyalty. When someone knows they can rely on you for clear advice, transparent pricing, and financial support, they stop shopping around and stick with what they know.

Mechanic and customer inspecting the back of a car together in a garage

Higher Average Spend, More Repeat Visits

Customers with flexible car repair options tend to spend more. Not because they’re being reckless, but because they’re not being forced to cut corners. Instead of going for the bare minimum, there’s a greater incentive to follow your recommendations. That might mean sorting tyres and suspension now rather than leaving it for next time.

Over time, you’ll likely see this boost customer retention and increase the lifetime value of that client because, once you’ve helped someone, they’ll trust you again.

Mechanic carrying a car tyre in a busy garage

A Competitive Edge

Lots of garages and dealerships offer similar core services, and it’s the bits you offer around the edges that make the difference. Giving people the financial support to take control of their cash flow is massive here.

A buy now, pay later scheme for car repairs means your business stands out. It gives you a reason to shout about how you support customers, and it turns your workshop into somewhere drivers want to come back to.

No Extra Hassle for You

You might be thinking this sounds like more admin, but working with the right partner means the legwork is done for you. With Payment Assist, there’s no chasing invoices and no awkward debt collection. Just straight-up payment and happier customers. It works behind the scenes so you can get on with running your business.

Ready to Boost Your Customer Retention with Buy Now Pay Later?

At Payment Assist, we help you make your car repairs affordable with flexible buy now, pay later finance. There’s no interest and no hidden fees; you get paid in full, fast, and your customers get the breathing room they need to drive away happy and safe.

It’s already working for garages and dealerships across the UK, increasing customer retention and lifting the average job value, too. If you’re looking to offer financial support at the point your customers need it most, then sign up for Payment Assist today or get in touch with us to find out more about how we can help you.

FAQs

What if a customer misses a payment?

It won’t affect your dealership or repair centre as you’re paid up-front while the customer pays instalments. If an instalment is missed, the customer may face fees or have their credit score impacted, but it won’t affect your business.

Can I use buy now, pay later for smaller car repair bills?

Absolutely. We don’t have a minimum spend limit, so you can use Payment Assist for minor car repairs.

Does buy now pay later affect dealership cash flow?

Not at all. You usually get paid upfront, while customers pay in instalments for their car repairs, so there’s no waiting around.

Payment Assist ad promoting 0% car repair finance for customer retention

Further Reading

MOT testing station sign on the side of a building

Why Drivers Delay MOT Fixes & How 0% Car Repair Finance Can Help

Why Drivers Delay MOT Fixes & How 0% Car Repair Finance Can Help 1200 628 Payment Assist Blog

Drivers across the UK are postponing their MOT repairs amid rising costs and tight budgets. Recent surveys paint a worrying picture, with nearly half (49%) of drivers admitting to delaying car fixes to save money. Garages and repair centres are reporting the same trend, too, with over 50% of repair shops seeing customers put off essential repairs in the past year.

Financial pressure and a lack of disposable income are the main reasons for this, with one poll finding that over half of repairers cite household strain as the main reason behind repair delays.

These stats underline a clear trend.

MOT costs and general car maintenance bills are rising, and drivers with limited disposable income are deferring work. Car repair servicing is getting more expensive, too, and with higher costs on parts and energy costs, garages are being forced to pass price increases on to their customers.

Woman in car appearing stressed with hands on her head

What Are the Most Commonly Deferred MOT Costs?

Usually, it’s the ones that carry the biggest price tag. According to the Motor Ombudsman, there are five clear outliers when it comes to car maintenance and repair bills that are being put off.

Timing belt replacement.

This is recommended to be changed every 60-100,000 miles and was delayed by 79% of car owners. A belt change usually costs around £600, whereas ignoring it risks catastrophic engine damage that could see prices spiral into the thousands.

Oil/filter change between services.

72% of drivers delayed this service. An oil change costs around £150, but old oil can cause engine seizure if it’s neglected.

New tyres.

This was skipped by around 58% of customers. Generally speaking, replacing four tyres can cost a customer around £400, but driving on bald tyres incurs steep penalties of up to £2,500 per tyre and is a big safety risk, too.

Fixing oil leaks.

Almost half (49%) of all drivers delayed their oil leak fix. As with the timing belt replacement, a typical leak repair (approx. £355) is much cheaper than the cost of unaddressed engine failure.

Brake-pad replacement.

39% of customers put off their new brake pads. New pads might seem avoidable, but worn brake pads greatly increase your stopping distance and risk more extensive brake damage later.

Drivers Are Waiting for MOT Fails Before Acting

Surveys show us that most customers only fix problems when they absolutely have to, usually after an MOT fails or when a fault noticeably affects the car. Minor issues are deferred, even though smaller repair costs are far less than the major failures they might cause down the line.

The Cost of Living is the Main Culprit

The RAC found that one in five motorists have delayed or halted servicing entirely due to lack of disposable income, and one in ten drivers have risked road safety by neglecting tyres or other MOT costs.

How Car Repair Finance Can Help

Fortunately, there is an easy fix to help your customers keep their cars on the road without breaking the bank. Drivers are increasingly choosing repair centres that offer car repair finance options to spread repair and MOT costs over time.

A £600 timing belt replacement suddenly becomes much more accessible when it’s split into four £150 payments. It’s also much easier to encourage your customers to opt to fix the problem when you’re able to offer them car repair finance that’s interest-free.

What car repair finance offers your customers:

  • Allows budgeting of large MOT costs and repair bills into affordable, interest-free instalments.
  • Avoids the upfront shock of a lump-sum payment, helping drivers with limited disposable income.
  • It can prevent skipping repairs as drivers can fix faults promptly without waiting for savings.
  • It may help your customers reduce their reliance on high-interest alternatives like credit cards.

What car repair finance offers you:

  • Improve customer retention and trust by providing financial support.
  • Attract more customers by reducing bill shock and work deferral.
  • Enjoy a hassle-free onboarding process and ongoing usage support.
  • Get paid upfront (while the customer pays us in instalments) for total peace of mind.

MOT inspector writing notes while checking under a car bonnet

Looking to Help Your Customers Manage their MOT Costs?

If you want to make it easier for your customers to say yes to essential and advisory MOT costs, then our 0% interest car repair finance is the perfect option. With Payment Assist, you remove the financial barrier that often puts customers off and with no high interest and no hidden fees, it’s a clear way for drivers to split their car maintenance bill into manageable chunks. It’s quick and easy to set up and straightforward for customers to use, too.

Join repair centres, dealerships, and garages across the UK in providing flexible, FCA-regulated finance that works just as well for you as it does for your customers. Sign up with Payment Assist today, or get in touch to find out more.

FAQs

Is car repair finance regulated by the FCA?

This depends on the provider. Payment Assist is regulated by the FCA, but not all car repair finance providers are. You can find out more here.

Are customers comfortable with car repair finance?

Absolutely, the demand is already there. Mentioning 0% finance at the quote stage or during diagnosis can help retain customers. You can see this in our excellent Trustpilot reviews, as well as the fact we’ve had over 1.4 million customers.

Will car repair finance help me upsell?

Yes, customers are more open to added-value work when they know they won’t have to pay it all in one go.

Payment Assist ad encouraging easier MOT management for customers

Further Reading

A row of second hand cars

What’s Driving Growth in the Used Car Market?

What’s Driving Growth in the Used Car Market? 1200 628 Payment Assist Blog

The UK used car market is experiencing a boom. In 2024 alone, used car sales jumped by 5.5%, with over 7.6 million used cars sold. This is a strong post-pandemic rebound. So, what’s fuelling this surge in the demand for pre-loved cars? Several key factors are at play, like the rising cost of new cars, supply chain issues and economic pressures. It’s also important to note the electric vehicle (EV) revolution and how this has started to impact the overall cost of running a car.

The Cost of New Cars Has Increased

Brand-new cars have never been pricier. The cost of new cars in the UK has risen in the last few years to around £39,000 on average. Even traditionally affordable models aren’t so cheap anymore – a basic VW Polo now costs over £20,000.

With new car price tags so high, lots of people just can’t justify or afford a factory-fresh vehicle. Instead, they’re turning to used cars as an alternative that’s a bit easier on the bank balance. Plus, new cars lose value quickly in the first year, so letting someone else take that initial depreciation hit by buying nearly-new makes good financial sense.

Supply Chain Woes Have Boosted Used Demand

It’s not just high prices driving people to used cars – it’s also availability. Since 2020, there have been some major supply chain disruptions (like the semiconductor chip shortage) that have cut new car production. In fact, in 2022, the UK saw just 1.61 million new cars registered (versus 2.31 million in 2019)​. Fewer new cars then means fewer used cars now; industry analysts estimate a shortfall of around half a million nearly-new vehicles in the market.

Tight supply means that buyers have been competing over the limited stock, which pushed used car prices up and kept demand strong. The new car supply is finally improving, but it will take time for those vehicles to flow into the used market.

Second hand cars on a car transporter

Consumers Are Feeling the Financial Pinch

Another big factor is that British households are really feeling the squeeze when it comes to their finances. High inflation and rising bills have made everyone more cost-conscious. Choosing a used car over a new one can save you thousands of pounds upfront, which is massive when budgets are tight.

It’s easy to see why a driver would go for a reliable used motor instead of taking on a hefty new finance package. Industry experts note that amid economic uncertainty, consumers are increasingly likely to turn to the used car market.

Electric Vehicle Adoption Hits the Used Market

The shift to electric cars is shaking up the used car market. A wave of early EV adopters is now trading in their cars, which means more used EVs are on the scene. In fact, 2024 saw record sales of used electric cars. Transactions for pre-owned EVs jumped 57% year-on-year, and it now makes up around 2.5% of all used car sales​.

That share may be small, but it is growing fast.

Drivers are eager to go electric if the price is right, and the used market is making EVs more accessible. Many new electric models carry hefty price tags, but a few years down the line, they can be found used at a much lower cost. Plus, an influx of ex-lease and ex-fleet EVs is starting to nudge used EV prices down, which only encourages more buyers​.

The Cost of Running a Car is Increasing

It’s not just the purchase price of a vehicle that’s risen. The ongoing cost of running a car is a major consideration for buyers. Fuel, insurance, and tax costs have all climbed, with insurance premiums up by around 53% in the past two years​, and petrol/diesel prices (while down from their 2022 peak) are still higher than they were a few years ago.

A car being refuelled

On top of that, changes in taxation are coming into play.

From 2025, electric vehicles will no longer be exempt from road tax; new EVs will have to pay the standard VED rate (around £170 a year), and expensive models will face an extra £425 luxury car surcharge. What’s more, major urban areas like London have expanded low-emission zones that charge older high-polluting cars daily. All these factors make it more expensive to own and run a brand-new, high-value car. When compared with these costs, used car with good fuel economy and lower insurance groups can be much less of a financial burden.

Budgeting for Used Car Maintenance

Used vehicles might save your customers money upfront, but they usually mean more work for the workshop. Newer cars tend to get through the first few years with just routine servicing, and if anything does go wrong, the manufacturer’s warranty often covers it, so it never ends up in your hands

Older vehicles are a different matter. You are far more likely to see them in for diagnostics, general repairs or worn-out parts. Tyres, brakes and batteries often need replacing sooner, and once a car passes the three-year mark, the annual MOT can bring up all sorts of issues that need fixing. That puts extra pressure on your team to manage parts, time and customer expectations.

The upside is that many well-maintained used cars are straightforward to work on, and for the common models, parts are usually easy to source and reasonably priced. They might not be perfect, but used vehicles help keep your ramps full and your team busy.

Keep Used Car Repairs Affordable with Payment Assist

As we’ve discussed, the financial climate is far from predictable at the moment, and the last thing anybody needs is an eyewatering, unexpected car repair bill. At Payment Assist, we provide 0% car repair finance solutions that help your customers handle their car repair costs by splitting them into manageable monthly payments.

Typically a customer will pay 25% of the bill upfront, then spread the rest over the next three months interest-free. That means if you’re working on a used car that needs an expensive fix, you can get your customers back on the road without a big financial burden.

Garages, repair centres, and dealerships across the country have chosen to partner with us, enabling customers to get their cars fixed now and pay later with no extra charges. Sign up today to help your customers spread the cost of your car’s repairs, or get in touch with our team if you have any questions.

An image reading 'want to offer your customers stress-free 0% finance on their car repairs'

FAQs

  • Is it more profitable to work on older cars or newer ones?

    Older cars mean more regular repairs, but margins can be tight if parts are hard to source or jobs take longer. Newer models need less frequent work but bring higher-value diagnostic and tech-based jobs.

  • What should we flag to customers budgeting for a used car?

    Remind them about servicing, tyres, MOTS, and hidden faults. Offering a pre-purchase check is good business and builds trust.

  • Will evs reduce workshop income?

    Not necessarily. less routine servicing, yes, but still plenty to do—tyres, brakes, HV checks, diagnostics. If you’re set up for EVs, it’s an opportunity, not a threat.

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© 2025 Payment Assist Ltd. All rights reserved.

“Payment Assist” and the Payment Assist logo are trademarks of Payment Assist Ltd.
Payment Assist Ltd directly offer all regulated loans, Payment Assist (UK) Ltd either offer unregulated loans directly or introduce them to Payment Assist Ltd.
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Should you wish to make a complaint, please email us at complaints@payment-assist.co.uk, call us on 01664 503 151 (Calls may be monitored) or write to Complaints Department, Payment Assist Ltd, Pera Business Park, Nottingham Road, Melton Mowbray, LE13 0PB. Should we not be able to satisfy your complaint, you can have your case impartially reviewed again by Payment Assist’s Complaints Adjudicator who is situated outside of the regular customer service teams. You also have the right to take your complaint to the Financial Ombudsman Service on all our regulated products, further information can be found at www.financial-ombudsman.org.uk.
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