Hire Purchase or Personal Contract Purchase
Spreading the cost of your car by paying monthly is really simple, and there's 2 options to choose from:
- Personal Contract Purchase (PCP) lets you keep your options open at the end of your agreement and features an annual mileage limit as well as fair wear & tear policies.
- Hire Purchase (HP) is great if you want to own the car at the end of the agreement. No annual mileage limits or fair wear & tear policies.
Our ultimate guide to car finance
Take the time to research the different pay monthly options with our downloadable guide - featuring all of the helpful advice you will find on carstore.com including:
- Car finance explained
- Hire Purchase & Personal Contract Purchase explained
- Our finance glossary