Looking to fund your new car monthly but don't know where to start? Let's break it down...

How does it work?

PCP? HP? What's the best option for me?

Personal Contact Purchase

Personal Contract Purchase, often referred to as 'PCP' is a method of funding designed to make newer cars more affordable with lower monthly payments and an option to purchase the vehicle at the end of the agreement.

But what are the benefits?

✔ There is no minimum deposit

✔ Guaranteed final payment reduces the risk of depreciation

✔ Finance is secured against the vehicle, not your assets

✔ Makes your dream car more affordable

✔ You can choose to change your car more often

PCP is an incredibly popular product and in order to determine your monthly payments, the age of the vehicle, annual mileage and initial deposit will be considered.

Hire Purchase

Hire Purchase, often referred to as 'HP' is a method of funding designed for full ownership of a vehicle. You can opt to pay an initial payment followed by structured monthly payments over one to five years. At the end, the car is yours!

But what are the benefits?

✔ Usually no mileage limitations

✔ Monthly payments are structured and fixed

✔ Flexible initial payments

✔ You can settle the balance at any time

✔ Fixed interest rates

HP is comparable to a bank loan. You can settle the balance at any time and take full ownership of the vehicle. In-house dealer finance is secured against the vehicle and interest rates are fixed - the price you see is the price you pay!

Our Snows Car Centre sales teams are expert in the field and would love to hear from you! If you have any further questions, please get in touch below:

Get in touch today View our used cars

* Delivery may incur an additional charge, please speak directly to your Sales Representative for further information.