Deciding how to finance your new car is an important decision and we are here to help find the right solution for you.
We work with many lenders to offer workers in the Public Sector, such as Civil Servants and those in Public Administration, different types of finance to suit them – all with special rates. These lenders include Northridge, BNP Paribas, Santander, CA Auto, Motonovo, Alphera, Mann Island, Close Brothers, and all manufacturer-led finance services, to name just a few.
We offer multiple finance options including Hire Purchase, Personal Contract Purchase and Personal Contract Hire, all of which are further explained below.
Use our pre-approval service to find out now. Our soft search facility will not adversely affect your credit profile or your ability to obtain finance in the future.
Even if you have been declined credit elsewhere, we may still be able to help you.
Hire Purchase is a straightforward finance agreement, where you effectively purchase a vehicle from a finance company for an agreed period of time, and results in your ownership of your car at the end of the agreement.
Things to Consider +
Why would HP be good for me?
Things to Consider +
With PCP finance, you pay a monthly fee with the option, but not the obligation, to buy the car at the end of the agreement for a guaranteed future value (GFV). Your PCP agreement will be tailored to you, setting your agreed annual mileage and term. PCP differs from HP as the monthly payments only pay for the depreciation of the car, giving you a lower monthly payment.
At the end of the agreement you will have three options:
Why would PCP be good for me?
Things to Consider +
| Monthly payments | Deposit required | Do you own the car? | Mileage limit | Damage charges | |
|---|---|---|---|---|---|
| Hire Purchase (HP) | Higher | No | Yes - at end | No | No |
| Personal Contract Purchase (PCP) | Lower | No | Optional | Yes* | Yes* |
| Personal Contract Hire / Leasing (PCH) | Lower | Yes | No | Yes | Yes |
*Only if the car is returned or traded in
