Car Deals

Spreading the cost of purchasing a car across a series of monthly payments can make sense whatever the scale of your budget, whether that’s £100 per month or £1000 per month. Whichever price range you’re looking at, PCP finance deals are a popular way to widen the choice of cars within your price range far beyond what you'd be able to afford if you were to pay in cash.

This explains why more than 90% of privately purchased new cars are financed in the early 2020s and more and more drivers are choosing to finance used cars. And, if you're looking for the best value deal, finance options on nearly new and used cars typically offer much better value for money than new car equivalents.

So whether you’re after a small city car, a family SUV, a sporty runabout or something altogether more exotic, it definitely makes sense to explore the finance options.

PCP finance monthly payments are based around the amount of value a car loses during the length of the finance contract, so cars that lose value slowly are available with low monthly payments compared with the cash price of the car. Meanwhile, cars that have already lost a significant chunk of their initial value might also represent a better deal, because there's less value remaining to be lost and therefore monthly payments will be lower.