Three ways to drive away.
We do not arrange or broker consumer credit. The guidance below is provided to help you understand the most common UK car-finance structures so you can arrange the right product independently with a lender or broker of your choice.
Personal Contract Purchase
Lower monthly payments thanks to a deferred final balloon payment. At the end of the term you can return the car, pay the final payment to own it, or part-exchange.
- — Lowest monthly payments
- — Flexible end-of-term options
- — Mileage limits apply
- — Optional final payment (GFV)
Hire Purchase
A simple fixed-term loan secured against the car. Pay equal monthly payments and you own the vehicle outright at the end of the term.
- — Own the vehicle at the end
- — Fixed monthly payments
- — No mileage restrictions
- — Typically higher monthlies than PCP
Personal Loan
An unsecured loan from one of our panel lenders. The car is yours from day one and the lender has no claim on it.
- — Own outright from day one
- — No deposit required
- — No mileage limits
- — Rate depends on personal circumstances
Indicative monthly cost.
Indicative figures only. Finance arranged independently via a third-party lender or broker of your choice.
Figures are indicative only and do not constitute a quotation. Final agreement subject to lender approval and credit check.
Borrowing £20,000 over 48 months on PCP with a £2,000 deposit at 9.9% APR would equate to 47 monthly payments of approximately £349.12 and one optional final payment of £7,200. Total amount payable £25,608.64. For illustration only — rates depend on the lender and your personal circumstances.
Prime Motors Direct is an independent UK dealer. We do not arrange or broker consumer credit. Any finance agreement is between you and a third-party lender or broker of your choice.