Finance Options
HP Finance
With Hire Purchase finance you take out a loan for your purchase paying it back in monthly payments.
HP agreement is more simple. It‘s like a traditional loan, and you’ll pay back the total cost of the car over a set period of time (this can be from 1 to 7 years).
It’s a bit like a mortgage on a house, in that you can pay a deposit or not, and then make monthly payments until the loan is paid off. With an HP agreement, you own the car at the end.
PCP Finance
Personal Contract Purchase gives you a new car at the end of your contractual monthly repayments.
With a Personal Contract Payment (PCP) car finance plan, you have more flexibility when it comes to what happens to the car or van at the end of the agreement.
The amount you borrow is considerably less than the total value of the vehicle minus your deposit. Meaning that you pay less per month on a smaller car loan. You can reduce your PCP repayments by paying a larger deposit, and also by keeping your mileage allowance per year low. PCP effectively defers part of the repayment until the end of the agreement.
PCP can only be done with vehicles no older than 6 years and no more than 80,000 miles.
With PCP car finance, you have three options:
- You can pay a final balloon payment in order to own your car or van outright
- You can choose to return your car or van
- You can part exchange it for a new one
How it all works
1. Search from over 11,000 cars for the perfect one
2. Apply for finance from our panel of lenders
3. We take care of all the admin for purchase
4. Choose collection or delivery of your new car!
Frequently Asked Questions
You could apply for Car Finance if you’re buying a new or used car from a dealership.
Lending is subject to credit, status and additional affordability checks. You must be aged 18 or over and a UK resident.
We offer finance for new and used cars at the majority of UK dealerships. There are some restrictions relating to
make/model, age and mileage of the car. But is subject to which lender accepts you based on your credit and status.
We can fund commercial vehicles like vans and pickup trucks, also motorbikes and even camper homes.
You can part-exchange your current car with a majority of car dealers and have the amount deducted from your finance.
In addition, if your part-exchange has existing finance, we can help settle the current agreement and set up your new one!
You have the right to repay the credit early at any time in full or part with all regulated agreements.
APR stands for Annual Percentage Rate of Charge. This includes charges and arrangement fees.
Soft credit is a simple background check. Examples of these searches could be checking your own credit score, a background check. None of these will affect your credit rating, they simply go on your credit file as a trace.
Unfortunately any finance offers are not guaranteed with a soft check,and can change.A hard credit search is only completed if you apply for a loan. Hard searches will show up on your credit profile and may affect your score, although only temporarily.
