Motorway Pay: getting payment for your car

Most sales on Motorway use Motorway Pay – our own secure, fast payment service built specifically for car sales. Your money’s in safe hands. Motorway Pay is backed by Modulr Finance, a fully FCA-regulated payment provider, and has been live since May 2023. 

It’s a fast payment that’s sent to your account in seconds once your sale is confirmed – in most cases, before your car leaves your driveway.

What Motorway Pay actually does

Motorway Pay is a payment option available to dealers on the platform. Because payments happen within Motorway Pay, we can track the payment journey from start to finish and support with any payment queries along the way. It also means outstanding finance and negative equity can be handled as part of the same transaction. And because payments are processed through FCA-regulated Modulr Finance, which meets UK regulatory standards, sellers have a secure, regulated way to get paid. 

Once your car is inspected, payment will be sent to you – usually before your car is driven away.

Got finance on your car? Sorted.

If there’s outstanding finance on your car, Motorway Pay handles it in the same transaction. It clears what you owe directly with your lender – negative equity included – so you don’t need to coordinate separately. 

One sale, one payment, everything settled.

Selling to verified dealers

When you sell through Motorway, you’re selling to a verified dealer from our nationwide network. Motorway Pay is only available to verified dealers.

Before a dealer can buy cars on Motorway, we carry out checks to make sure they meet our standards. That includes verifying their business, trading history, customer reviews, online presence and physical trading premises. We also check that they’re a registered UK business and meet our eligibility requirements before they can join the platform.

And that’s not all. Our dedicated Dealer Governance team continues to monitor dealer performance across the platform to help ensure sellers get a great experience. When standards aren’t met, dealers will be suspended or removed. You can find out about our dealer verification process here.

So when it’s time to hand over your keys, you know the dealer buying your car has already been checked by Motorway.

Trusted at scale

We’ve processed over £10bn in payments and settled £2.2bn of outstanding car finance with Motorway Pay. Most sales on Motorway now use Motorway Pay, with more dealers choosing it every day.

When the moment comes, you’ll know the money is safe – and on its way.

FAQs

What is Motorway Pay? 

Motorway Pay is Motorway’s secure payment service, built specifically for car sales. It delivers secure payments, processed by FCA-regulated Modulr Finance, and has been live since May 2023. 

Is Motorway Pay safe?

Yes. Motorway Pay delivers secure payments, processed by FCA-regulated Modulr Finance. It has been live since May 2023, with over £10bn in payments processed – giving sellers a proven, regulated way to get paid. 

When exactly do I get paid?

Payment is sent in seconds. In most cases, the money is with you before your car has even left your driveway.

How are funds transferred?

All payments are sent via the Faster Payment network. For most high street banks, this means the funds will be in your account in a matter of seconds, but it may take up to two hours. 

What if I have outstanding finance on my car?

Motorway Pay handles it. It settles your outstanding finance directly with your lender – including any negative equity – as part of the same transaction. You don’t need to contact them separately. 

Before the sale, you’ll just need a settlement figure from your lender.

What if I’m in negative equity?

Motorway Pay handles it as part of the same transaction. If your finance is higher than your sale price, you simply pay the difference. The full balance is then settled directly with your lender, so everything is resolved in one go.

Do I need to set up Motorway Pay myself?

No. Motorway Pay is built into the sale process. There’s nothing to set up – it’s all handled for you.