How Do I Finance Emergency Car Repairs?

- by Becky Hall

Car broken down? Don’t have the resources to finance the repairs? Cashfloat, a short term direct lender explores all aspects of emergency car repairs. Read on to find out…

Need Help With Financing Your Emergency Car Repairs? Find Out What You Can Get Now! - Cashfloat

You can always call the AA on 0800 88 77 66. To help the AA find you faster, you can download the AA app. Also, be wary of gracious strangers. Don’t get into a stranger’s car or let them into yours. The main thing now is to keep yourself safe, even if your car is in trouble.

What do you do when your car breaks down?

Where are you stuck? What should you do?

  • In the middle of the motorway: Stay in your car! If your engine cuts out, try to coast to a the side, but if you don’t get there, put on your hazard lights and slowly stop. It might be terrifying to stay in your car whilst the traffic piles up behind you, but opening that door is nearly suicide. Stay put and wait for rescue.
  • On the side of the motorway: If you did manage to get to the side, and it is safe to do so, get out of your car from the side furthest to the traffic. Get away from your car. You do not want to be leaning on the car when a vehicle doing 60mph crashes into it. Stand behind the crash barrier and wait for help.
  • On a dual carriageway: Get out of your car and stand clear of oncoming traffic. If you have reflective gear, put it on and put out your triangle 45m behind your vehicle if you have one.
  • In the middle of nowhere: Put your hazard lights on and if it is foggy, keep you side lights on too. It is usually safer to wait out of your car.
Switch on your hazard lights as soon as your car breaks down  - Cashfloat

How do I get my car fixed?

After the first aid rescue, how are you going to get your car fixed? Researching different repair options takes time and effort. Here is a guide to help you get started:

  • How do I get a price estimate? There are two ways you can do this. The fastest option is to use an online comparison site. Online auto repair estimators can be a good way of getting a rough idea of how much it should cost you. You can either go with one of the online providers or take your car into a garage that you trust. If you are not happy with the price, you can either try to negotiate, or just take it somewhere else.
  • How long do emergency car repairs take? There is no set rule that can help you figure out how long your emergency car repairs will take. Factors like the speed that your insurance company process your claim, the size of the damage and the number of cars waiting to be repaired are all things that will affect how long your car will be take to be fixed. Having said that, after you have sent off your insurance claim, repairs for minor and external damage usually takes only a few days. If any internal parts need replacing, add on a week. Extensive damage of both internal and external can take over a month. But remember, this is only an estimate, emergency car repairs can be very temperamental, so prepare yourself to be very patient.

  • Get a price estimate before getting your car repaired - Cashfloat

    Insurance claim

  • How do I send off my insurance claim? The car insurance claim process can be complicated. If you decide to make a claim, the insurance company will send a form. You need to fill it in and send any reporting evidence, such as photographs taken at the scene. If your car has been damaged badly, an assessor might be sent to look at your vehicle. The entire insurance claim process will take a while, but you should get an initial response within 3-5 days.
  • How do I get around until my car is fixed? In many cases, no matter what you do, emergency car repairs takes a while. It might not be ideal, but consider renting or borrowing a car until you have your own one back. If you have rental reimbursement added to your insurance plan, the insurance company will cover your car rental while your car is being fixed. Your other option might be to ask your job if they can supply you with temporary transport until your car is back.

Cashfloat Instant Payday Loans to Finance Emergency Car Repairs

Life takes a thrill in throwing unexpected expenses at us, especially when we are low on cash. Cashfloat specialize in helping you out of crisis. We have a cheap, easy and instant solution. Here is how it works:

How do I pay for emergency car repairs?

If you are wondering how to pay for car repairs with no money, you are not alone. You have an emergency fund, this is what you have it for. If you don’t you are stuck. Well, you do have some options;

  • Borrow from family or friends. This is your best option so don’t be embarrassed, send out a message to all your contacts and hopefully someone will be kind.
  • Try to find a cheap mechanic. Probably not worth it though, the repairs won’t last so long and soon this whole story will happen again.
  • Take out a 500 pound loan.

But payday loans are bad, lenders are evil, and these loan sharks are out to get us! Really? Do the research yourself. You might be surprised. If you apply for a Cashfloat payday loan of £500, you can receive the money in your bank account within one hour of approval. Two weeks later when you get your paycheck, you pay off the loan. Make sure that whatever else happens you pay back that loan because you don’t want to waste money on extra interest fees. In total, the whole loan will cost you £43.40. Much cheaper than taking the train to work every day for a week – quicker and more comfortable too!

In this case, a payday loan was the right decision. But is a loan always the solution?

When is a payday loan the right option for emergency car repairs?

Like all good questions, the answer is “it depends”. Ask yourself, how much is at stake? If your boss will fire you if you are late for work again, you are likely to pay the £28 interest on a £200 loan to get your car fixed. But would you pay the same to fix up an old banger car that sounds like a jet engine and has a max speed of 30mph? Weigh up how much money, time and value you will lose by not taking that payday loan. Then consider, how much does the payday loan actually cost? Is it worth it? Well, that is up to you. Remember: to qualify for a payday loan, it must be an emergency expense that can’t be pushed off.

Do instant payday loans cost a fortune?

At Cashfloat we try to face reality. We know that life doesn’t always go as planned. Therefore we keep our prices low for our instant payday loans. There are no extra fees for same day payday loans, and what is more, we fund every hour. That means that you can have the money in your bank account within one hour of approval. We like to get emergencies sorted as fast and as cheaply as possible so we pull out all the stops to get the money to you when you need it, all for no extra charge.

So if you are unfortunate to get into the situation where your car has failed you, make sure to apply the correct security measures and if you think you may require a payday loan, be sure to think it through before you apply.

Apply now for your Cashfloat loan Apply now for your Cashfloat loan
Do you know someone who could benefit from this article?
About The Author
Becky Hall
Becky never thought she would be a financial blogger. But Fate arranged that Becky had to put her accounting degree on the back burner right after she graduated with a first in Business and Accounting. While doing bookkeeping as a freelancer for private clients, Becky noticed how many cashflow problems can be solved with a little bit of education. Trying to keep her clients out of debt, Becky began writing resources which she distributed to clients. What began as writing advice for clients evolved into a passion and now Becky found her platform at Cashfloat. When she isn’t writing, calculating or budgeting, Becky can be found at her piano playing something classical.
Need money today? Apply now for our fast direct lender payday loans.
Blog disclaimer

We do all we can to bring you interesting, practical and valuable information. However, please understand the following:

Information and data on this blog are for information purposes only. While we work hard to ensure it is accurate, we cannot accept responsibility for the accuracy, completeness, suitability or validity of any information provided on the blog. We will not be liable for any errors, omissions, losses, injuries or damages arising from its display or use. All information is provided with no warranties and confers no rights.

If you feel that any of the information published on our blog is not accurate, please notify us via email at

Bottom content

Cashfloat is a trading style of Western Circle Limited - Company Registration Number: 7581337. We are fully authorised and regulated by The Financial Conduct Authority. FCA full permission license: 714479. ICO Registration Number: Z3305234

* Cashfloat terms and conditions apply. Applicants must be 18 or over. All loans are subject to affordability, applicant verification and traditional credit checks via various national databases by Cashfloat responsible lending policy. In most cases, loan decisions may take up to 30 minutes during office working hours. If your bank does not support Faster Payments, funds will be sent to your account the same day as approval so long as you’re approved by 16:30.

Representative example: Borrow £700 for 6 months. 1st monthly repayment of £168.45, 4 monthly repayments of £224.60, last monthly repayment of £112.20. Total repayment £1,179.05. Interest rate p.a. (fixed) 185.39%. RAPR 611.74% Our APR includes all applicable fees. Daily interest is capped at 0.793%.

All our loans are available for a duration of 3 to 9 months.

Warning: Late repayment can cause you serious money problems. For help, go to