Finding car finance, made simple

Confused by car finance? Finding the right option can be a tough task. Research from Experian has revealed 60% of people don’t know the difference between Hire Purchase (HP), Personal Contract Purchase (PCP) and a normal car loan*.

So, with that in mind, we’ve created a simple tool to give you a better steer.

Cruise through car finance

Simply answer a few easy questions to find the option that's right for you.

Confused by car finance? You're not alone.
Simply answer a few easy questions to find the option that's right for you.

* Based on 60% of 200- respondents. One Poll survey October 2018.

With Experian, you can check your eligibility for Hire Purchase deals, PCP and personal loans without impacting your credit score, as well as comparing guarantor loans and offers from car finance brokers. So, you’ll be prepared to pick the best deal when you head to the car dealership.

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We’re a credit broker not a lender

In PCP and HP financing, the loan may be secured against the car. If you do not keep up with repayments, you could lose the vehicle.

Here’s a breakdown of the key differences between three popular forms of car finance:

Personal loan Hire Purchase PCP
Fixed monthly payments
Own the car from the outset
Deposit required
Annual mileage limit
Early settlement option