Car Finance Options
Compare different ways to finance your next vehicle
Personal Contract Purchase (PCP)
PCP is a flexible way to finance your car with lower monthly payments.
What you'll pay:
- An initial deposit
- Monthly payments for an agreed term (usually 24-48 months)
- Optional final payment to keep the car
At the end of the term:
- Pay the final payment and keep the car
- Return the car
- Part-exchange for a new car
Finance Calculator
Estimate your monthly payments
Personal Contract Purchase (PCP)
Lower monthly payments with an optional final payment of 30% if you want to keep the car.
Optional Final Payment (Balloon)
£7,500 (30% of vehicle value)
This amount is payable at the end of the agreement if you wish to keep the vehicle.
Monthly Payment
£0.00
Total Cost (incl. balloon)
£7500.00
Total Monthly Payments
£0.00
Balloon Payment
£7500.00
Total Interest
£-18310.00
Mileage Cost
£460.00
Representative example:
Monthly payments £0.00, Term 48 months, Car price £25,000, Deposit £1,000, Optional final payment £7,500, Total amount of credit £24,000, Fixed rate of interest 7%, Admin fee £340, Mileage cost £460.00