Motor finance explained
Understand how motor finance works and what your options are
Finance options to suit you
We have a range of finance products available to you, depending on your budget and your vehicle needs.
Hire Purchase (HP)
This option is available for cars and Light Commercial Vehicles (LCVs), such as vans.
View product- Fixed monthly repayments
- Early repayment options
- Own the vehicle at the end of the agreement
- Option to exchange the vehicle at the end of the agreement
- Excess mileage charges
- Vehicle condition charges (fair wear and tear)
Personal Contract Plan (PCP)
Close PCP is available to new or used vehicles up to 4 years old and accessible through all our dealer partners.
View product- Fixed monthly repayments
- Early repayment options
- Option to own the vehicle at the end of the agreement
- Option to exchange the vehicle at the end of the agreement
- Excess mileage charges
- Vehicle condition charges (fair wear and tear)
Warning: You may have to pay charges if you pay off a hire-purchase agreement early. |
Warning: If you do not meet the repayments on your hire-purchase agreement, your account will go into arrears. This may affect your credit report, which may limit your ability to access credit, a hire-purchase agreement, a consumer-hire agreement or a BNPL-agreement in the future. |