What types of car finance do you offer?

• Updated

We offer financing for all our used cars to make buying your next car more affordable. We offer two types of finance – Personal Contract Purchase (PCP) or Hire Purchase (HP). All of our finance offers are subject to status.

We work with Black Horse who is a lender and Evolution Funding who are a broker to find you competitive finance all online. Most of our customers receive a very competitive APR of 11.9% representative.

What’s the difference between Hire Purchase (HP) and Personal Contract Purchase (PCP)? 

Both HP and PCP allow you to pay for your car in monthly payments over an agreed period, with a fixed rate of interest.

The key difference is what happens at the end of each contract.

With a HP contract, you’ll own the car after making the final payment, including the option to purchase fee.

At the end of a PCP contract, you can either hand the car back to the lender, part exchange it for a new one, or pay the final repayment (including any option to purchase fees) to keep the car. 

New finance agreements are subject to status and affordability checks. If you hand the car back at the end of a PCP agreement, there may be extra charges if you go over the agreed annual mileage or if the car has damage over fair wear and tear. 

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