FinanceBuying a car is easier with our tailored finance options, designed to suit different budgets and lifestyles.
Personal Contract Purchase (PCP)
PCP loans are one of the most common forms of new car finance, but they can also be one of the most complex. With PCP, you won’t buy the car outright. Instead, you'll put down a non-refundable deposit towards the vehicle’s price, and borrow the rest.
With a car hire purchase agreement, you’ll usually put down a deposit to take the car away. You’ll then make monthly payments towards the cost of the car, but you won’t actually own it (or be able to privately sell it) until the final payment has been paid – along with an extra ‘option to purchase’ fee, usually around £100-£200.
Personal Motor Loan (PML)Trade in your existing car and put this towards your initial deposit, or select the deposit you wish to pay, if any at all, and structure the contract to your requirements. Select a term and make regular monthly repayments to repay the balance, it’s that simple.
