- PCP & HP plans
- 60+ plans / 15+ lenders
- All credit ratings
- Flexible purchase options
- Open 7 days per week
- 97% overall rating
PCPs have become the most popular way of financing a new vehicle. Not only have they allowed millions of people to drive a much newer car than they might ever have expected but they are also flexible. At the end of the contract the person has the choice as to whether to keep the vehicle (by making a final payment) or hand it back.
A deposit is paid up front - the larger the deposit the lower the monthly payments that follow. At the end of the contract you can make a final balloon payment that allows you to take ownership of the vehicle. Or simply hand it back.
Please note: this information is for guidance only. You should clarify the terms of the loan with the lender before entering into an agreement.
With HP you are working towards taking final ownership of the vehicle, but with PCP you can delay this decision until the very end.
Personal Contract Purchase (PCP)
Hire Purchase (HP)
When it comes to getting you your car finance our online service is second to none. In fact Solution-Loans.co.uk has scored based on 154 ratings & 23 user reviews for its car finance service.
Used our website? Write your review now.