Still weighing up the available car finance options? Interested in buying a car on finance, but unsure of the total costs? Use our exclusive car finance calculator to work out your budget, eligibility and general repayment obligations.

Our Exclusive Car Finance Calculator

Buying a car on finance can be easy, but you need to know exactly how much you can afford to borrow. This is precisely where our car finance calculator can help – simply enter a few details for an instant overview of the available options.

We provide access to a wide variety of flexible, accessible and affordable car finance options, sourced from an extensive network of specialist lenders. We tailor the services we provide to suit the budgets and requirements of each customer individually.

Quite simply, we’ll do whatever it takes to provide you with the car finance package you need at a price you can afford. Simply enter the amount you need to borrow, your preferred repayment period and your current credit status. Once you’ve determined your ideal loan amount, contact a member of our team and we’ll get to work finding you an unbeatable deal.

As an independent broker with no brand ties or affiliations, you can count on our advice as 100% honest, impartial and objective at all times. Call today for more information on our most popular car finance options.

PCP Car Finance

Personal contract purchase – aka PCP – has become the most popular vehicle finance option for UK motorists. Similar to a traditional hire purchase deal, a PCP agreement involves an initial deposit and a series of monthly repayments.  Depending on the type of vehicle and the terms of the contract, PCP monthly repayments can be uniquely affordable.

When the agreement comes to an end – typically after two to four years – the driver can choose from one of three options:

  1. Purchase the vehicle by making a final “balloon” payment, as agreed at the beginning of the loan term.
  2. Upgrade to a newer vehicle and continue paying the same monthly amount.
  3. Hand the keys back to the service provider and walk away, with nothing else to pay.

PCP effectively combines the benefits of both hire purchase and leasing a vehicle into one affordable package. If you’d like to drive a quality vehicle but simply cannot afford to purchase a car outright, PCP could be for you. Call today to discuss the benefits of PCP car finance in more detail.

HP Car Finance

Hire purchase – aka HP – is another popular car finance option for UK motorists.  In this instance, a deposit is usually payable to set things in motion, followed by a series of monthly repayments. The difference between HP car finance and PCP being that the driver automatically becomes the owner of the vehicle at the end of the term.

No additional or final payments are needed – ownership of the vehicle is transferred to the buyer, once the balance has been repaid in full. This means there’s no allowance for handing the vehicle back or upgrading to a newer car, without first selling the car that has been purchased.

Like PCP, hire purchase can be a fantastic option for anyone looking to buy a quality new or used car, but cannot afford to pay for it outright. Interest rates and low overall borrowing costs are typically determined in accordance with vehicle value, the buyer’s credit history and so on.

For more information or to discuss your requirements in more detail, contact a member of our car finance team for an obligation-free consultation.

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