Finance Options at Cars2 Ltd

What is Personal Contract Purchase (PCP)?
PCP

What is Personal Contract Purchase (PCP)?

PCP Purchase

With Personal Contract Purchase you can keep your monthly payments lower by deferring part of your finance to the end of your agreement.

The deferred payment at the end of the agreement is also a guaranteed future value (GFV) giving you added security and options at the end of the agreement. This is determined by your annual mileage and any excess mileage at the end of the agreement may incur additional charges. Your interest rate will be fixed for the duration of the agreement. You will also have the ability to make overpayments.

How it works:

- No minimum deposit
- Terms from 24 to 48 months
- Borrow from £3,000 to £250,000
- Guaranteed Future Value (GFV)

In the event that you settle your agreement early and subject to your individual agreement, you may also be entitled to a rebate of interest charges. Further information can be found on your agreement.

How does PCP actually work?​

What are the advantages of PCP?

What should you consider when option for a PCP?

Can I settle my PCP agreement early?

What is Hire Purchase (HP)?
HP

What is Hire Purchase (HP)?

Hire Purchase

Hire Purchase could help you buy your next dream car from Cars2 Limited and help spread the cost.

No minimum deposit, agree monthly payments then just drive it away - and once all the monthly payments have been made, the vehicle is then yours. Your interest rate will be fixed for the duration of the agreement. You will also have the ability to make overpayments.

How it works:

- Borrow any amount from £3,000 - £250,000
- Set your payments to suit your budget
- Repayments from 24 to 60 months
- No minimum deposit required

How does HP actually work?​

What are the advantages of HP?

What should you consider when option for a HP?

Can I settle my HP agreement early?