Car Finance - Hire Purchase or PCP

Representative Example PCP
An OTR Cash Price of £24,500.00 with a deposit of £0.00 leaving an amount of credit of £24,500.00. The agreement is resulting a Representative 8.9% APR, Rate of interest 8.55% and a total amount payable of £30,034.35. Payments are based on a duration of agreement of 49 months, with a first monthly payment of £ 501.15, regular monthly payment of £501.15 and a final monthly payment of £5,478.00.
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Financing Your Dream Car: Explore the Options with Carvano Ltd

At Carvano Ltd, we understand that purchasing a car is a significant financial decision. That's why we've made it our mission to guide you through the complex world of car finance, ensuring you find the perfect solution to suit your needs.

Hire Purchase (HP)
Spreading the cost of your car over a fixed term, Hire Purchase allows you to pay a fixed monthly amount for a predetermined number of years. With no need to estimate mileage, this option offers simplicity and flexibility, giving you full ownership of the vehicle at the end of the agreement.

Personal Contract Purchase (PCP)
Looking for a more tailored and flexible finance plan? Our PCP option provides you with three final payment options: buy the car, return it, or use it as a part-exchange. With pre-agreed mileage limits, you can enjoy the freedom of driving your dream car without the worry of unexpected costs.

Explore Your Options
Still unsure which finance option is right for you? No problem, scroll to the right-hand side of this page and watch our explainer video guides What is PCP? and What is HP?

Let us help you drive away in the car of your dreams with our seamless and stress-free finance solutions.

Speak to one of our knowledgeable team members today to get started on your car financing journey.
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Why Finance Through a Dealership?

What is Hire Purchase?

What is Personal Contract Purchase?

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