Finance that fits the job, not the sale.

Buying a vehicle is a big decision, and we're here to make the process as straightforward as possible. Finance is an important part of it for many of our customers, so we work with a range of trusted lenders to help you find an option that suits your circumstances and your budget. All finance is subject to status, affordability and a credit check.

Vehicle finance explained

There are three main types of finance to consider. The right one for you depends on your budget, how long you'd like to keep the vehicle, and whether you want to own it at the end.

Hire purchase (HP)

Hire purchase is a loan secured against the vehicle, and a popular choice if you'd like to spread the cost and own the vehicle outright. You pay a deposit, then the balance plus interest in fixed monthly instalments. Once you've made your final payment, along with a small option-to-purchase fee, the vehicle is yours.

Personal contract purchase (PCP)

PCP can be a good fit if you like to change your vehicle every few years and want lower monthly payments. You typically pay a deposit followed by monthly payments based on the vehicle's expected depreciation rather than its full value. At the end of the agreement — three years, for example — you can choose to pay an optional final payment (sometimes called a balloon payment) to own the vehicle, hand it back, or put any equity towards your next one. PCP agreements include an annual mileage limit, and charges may apply if you exceed it or return the vehicle in less than the expected condition.

Personal leasing (personal contract hire)

Leasing works as a long-term rental. You pay an initial rental followed by fixed monthly rentals, and at the end of the agreement you simply return the vehicle. Unlike PCP, there's no option to buy it. As with PCP, a mileage limit applies, and there may be charges for exceeding it or for any damage beyond fair wear and tear.

Whatever your circumstances, our friendly team will talk you through the options that may be available to you. Get in touch to find out more.

Finance is subject to status, affordability and a credit check, and is available to UK residents aged 18 and over. Terms and conditions apply.

Moto-Zoom is a credit broker, not a lender. We work with a number of carefully selected lenders and may receive a commission for introducing you to them. The type and amount of any commission will be disclosed to you before you enter into an agreement.

Motozoom Ltd, trading as Moto-Zoom, is authorised and regulated by the Financial Conduct Authority for credit broking only. Firm Reference Number 668302.