A Conditional Sale agreement means you’ll own the vehicle once all repayments are complete. It works like Hire Purchase but without the final “option to purchase” fee.
Representative APR is the advertised interest rate that at least 51% of applicants are offered. The actual rate you receive may be higher depending on your circumstances.
A balloon (final) payment is a larger sum due at the end of a PCP agreement if you want to keep the vehicle. You can either pay it, refinance it, or return the car.
A deposit can improve your chances of approval and reduce monthly payments. Zero-deposit finance is possible but usually requires a strong credit score.
Common reasons include poor credit history, low credit score, or incomplete application details.
You can secure a car without paying anything upfront — payments only begin when your contract starts.
Yes. While approval is harder with a low credit score, we work with specialist lenders who may be able to help.
Lower monthly payments, flexibility at the end (buy, upgrade, or return), and access to newer vehicles.
Typically between 24 and 48 months.
Yes, excess mileage is charged at a set pence-per-mile rate, so it’s best to slightly overestimate your annual mileage.
Yes, once you’ve paid at least half the total amount or settle the remaining balance. Check here to give you an idea what your settlement could look like.
No, the lender owns the car until all payments are made.
Yes, if payments aren’t maintained. After you’ve paid a third of the total, lenders usually need a court order to repossess.
The lender owns it until the final balloon payment is made — then it becomes yours.
Yes, though early repayment charges may apply.
Typically those with a good credit score (around 700+) and proof of sufficient income.
Yes — we offer finance for both new and used EVs, including cars, vans, and motorbikes.
Yes, subject to meeting the lender’s criteria (usually an excellent credit score).
You can spread the cost instead of paying a large lump sum upfront, freeing up cash for other uses.
Still can’t find your answer? Contact Us and we will help.