Hire Purchase (HP)
Hire purchase is one of the simplest forms of personal finance. The cost of the new car is broken down into a deposit and a series of monthly payments plus interest. Once you’ve paid the final installment, the car will be yours to keep or sell on. Hire purchase is not dependent on mileage limits and terms can range from 1-5 years.
Personal Contract Purchase (PCP)
Personal contract purchase splits a percentage of a car’s price into monthly payments and a deposit. This method of finance then requires you to repay this amount over a set period. Afterwards, you can either return the car to a dealer or buy it outright in return for a large optional final payment. PCP does have mileage limits, however this comes with smaller monthly payments.
A fully customisable payment plan that's tailored to suit you. Use our bulk buying discount to purchase your next vehicle with huge reductions. If you are not in a position to afford a brand new car at the moment, we have a great selection of pre-owned vehicles for your perusal.
Fill in one simple form and we will do the rest
We can offer the best loan rate available
Below is an example of a finance deal:
(PCP) Nissan Note 1.2 Acenta - 5dr
Cash price: £9,499 Deposit: £99.00
Balance of finance: £9,400 36 monthly payments: £214.81
APR: 6.4% Annual mileage: £20,000
Total repayable: £10,692.16 Guaranteed future value: £2,860