Splend Flexi Own vs Dealership Finance: What’s Better for PCO Drivers in the UK?

If you’re a PCO driver or looking to drive with Uber, choosing how to finance your vehicle is one of the biggest decisions you’ll make. Your car isn’t just a way to get around — it’s how you earn. That’s why the right car finance for Uber drivers should work for your income, your flexibility, and your peace of mind. 

So, what’s the better option for Uber drivers in the UK: a traditional dealership finance agreement, or Splend’s Flexi Own plan designed specifically for private hire drivers? 

Let’s compare the two — and help you find the best car finance for your rideshare journey.

What is Splend Flexi Own?

Splend’s Flexi Own plan is a unique alternative to traditional PCO car finance. It’s a flexible, all-inclusive vehicle subscription designed for Uber drivers, private hire vehicles, and rideshare platforms. 

You make one weekly or monthly payment that includes:

• Registration, licensing and MOT

• Servicing, tyres, and repairs

• Insurance and damage & loss cover

• 24/7 roadside assistance

Unlike most car lease or finance options, Flexi Own gives you the chance to buy a car for Uber UK at the end of your term — with no balloon payment and no hidden fees. 

How to Finance a PCO Car — What to Consider 

Before choosing how to finance a PCO car, think beyond the sticker price. Your running costs, flexibility, and ability to scale your income all matter. Ask yourself:

• What’s the upfront cost?

• Does the plan affect my credit score?

• What ongoing support will I get?

• Can I stop or switch if my situation changes?

• Is the car eligible for Uber or private hire work?

• Are electric cars or hybrids available?

Let’s see how Splend stacks up against dealership finance for Uber drivers. 

Splend vs Dealership Finance: Head-to-Head 

1. Upfront Costs 

Dealership Finance: 

Expect a large deposit, plus extras like stamp duty, registration, and insurance. That’s before you even start driving. 

Splend Flexi Own: 

No large deposit required. Just one simple payment to get on the road. It’s ideal for drivers looking to start driving without upfront stress.

2. Balloon Payment 

Dealership Finance: 

Most plans include a balloon payment at the end — a big lump sum that many drivers struggle to save for. 

Splend: 

No balloon payment. You simply complete your plan, then choose to keep the car — without refinancing or surprises.

3. Credit Score & Approval 

Dealership Finance: 

Typically requires a strong credit score and detailed finance checks — which can be a barrier if you’ve had bad credit in the past. 

Splend Flexi Own: 

We offer no credit check car finance for Uber drivers. All applications are considered based on your potential, not your past.

4. What’s Included 

Dealership Finance: 

You’re only financing the car. You still need to budget for insurance, MOT, servicing, tyre replacement, and more. 

Splend: 

Everything’s included in one transparent payment:

• Insurance and registration

• Tyres, brakes, and car servicing 

• Damage & loss cover 

• 24/7 support 

• MOT and PCO licensing requirements

That’s what makes it one of the easiest ways to run a PCO car with insurance and servicing included. 

5. Ongoing Support 

Dealership Finance: 

Once the keys are handed over, you’re on your own. Repairs, breakdowns, and earning advice? That’s up to you. 

Splend:  

We support you the entire way — with access to a Customer Specialist, rideshare performance insights, and tips to maximise your earnings. 

Whether you’re new or experienced, we’ll help you start driving smarter. 

Want a Simpler Way to Own a Private Hire Car? 

Splend’s Flexi Own is more than just a car — it’s a complete PCO car ownership plan built around you. See how Flexi Own works → 

FAQs: Car Finance foendr Uber Drivers in the UK 

Can Uber drivers get car finance in the UK with bad credit? 

Yes. With Splend, we don’t check credit history. We look at your goals as a driver in the UK, not your financial past. 

Is Splend’s Flexi Own plan a lease or a loan? 

It’s a flexible plan with the option to own the car at the end. It’s a smart alternative to PCO car lease vs purchase models. 

Can I use this plan for full-time Uber or Bolt driving? 

Absolutely. Every car meets Uber car finance UK requirements, including MOT, PCO licence, and insurance. 

What happens at the end of my Flexi Own plan? 

You can choose to purchase the car with no balloon payment, or return it if your circumstances change.

Does Splend offer electric cars? 

Yes — we offer electric cars and hybrids approved for private hire work, helping reduce your running costs and emissions. 

What’s the Best Car Finance Option for Uber Drivers? 

If you’re deciding how to buy a car for Uber UK, Splend’s Flexi Own offers an easier, more supportive path than most dealership finance deals.

With:

• No large upfront costs 

• No credit check 

• All servicing and insurance included 

• Flexible terms 

• A clear option to own 

…it’s no wonder more and more PCO drivers are switching to Splend.