PCP and car finance guides

Straight-talking guides to PCP car finance. Real numbers, current rates, no jargon.

New cars lined up in a dealership showroom

PCP vs HP: which car finance is cheaper in 2026?

Lower monthly payments or lower total cost? How the two options compare on a £25,000 car.

 Handing over a set of car keys at the end of a finance deal

PCP balloon payment explained: GMFV and your options

What the balloon is, how the GMFV is set, why interest builds on it, and your three choices at the end.

PCP car finance explained: how it works in plain English

The full mechanics: balloon, mileage limits, excess charges, gap insurance, early settlement and when PCP fits.