Buying a car is often the second biggest purchase in your life, so it’s important to do it right. While car shopping can be an exciting experience, you also need to be sensible and realistic about your current affordability situation. That’s where PCP & HP car finance comes into the picture.
If you’re looking for a new vehicle but are unsure how to pay for it, PCP or HP car finance might be the right option for you. We offer a range of PCP and HP car finance deals throughout the UK, working with some of the leading lenders to bring our customers excellent deals on their vehicle finance.
Finding great deals on car finance couldn’t be easier at Happy Motor Finance. We’ve streamlined our application process, allowing you to sign up in under 60 seconds using our online application form. Once signed up, our automatic system will compare deals from our panel of lenders and present the best options for your circumstances.
If your application is successful, one of our car finance specialists will contact you to discuss your application further. This personal touch ensures you receive the best advice and support throughout the process.
Get in touch today and speak to one of our consultants to find out more.
You can choose from either:
In some circumstances, it can be. Provided payments are kept up with, getting finance can improve your credit score. Additionally, you can start driving a new car much quicker than if you waited to save up the money.
There is no definitive answer; it depends on your personal affordability and choice. If you want to own the car at the end of the agreement, HP finance could be a good option. If you prefer lower monthly payments, PCP might be better on a month-to-month basis.
If you’re nearing the end of your payment term and don’t want to pay the full price of the car, you have options. We specialise in refinancing vehicles and can help you avoid costly balloon payments. Speak to one of our team members today to find out if we can help you.
Upon finance approval, you will be assigned your own finance expert who will contact you to discuss your options. This call helps us understand your needs better.
We understand that vehicle finance terms can be confusing. Your dedicated finance expert is always on hand to guide you through the process and answer any questions.
We don’t just provide finance; we can also help you source the perfect vehicle at no cost. Speak to your assigned support agent to learn more.
Every financial situation is unique. We pride ourselves on providing a personalised customer journey that adapts to your needs. You will always deal with real people who work hard to ensure a smooth and stress-free finance experience.
We’ve streamlined our vehicle finance process, making it easy to apply for finance. Our 60-second online application is the first step. After that, you could be driving away a new vehicle in under 48 hours.
| Feature | Details |
|---|---|
| Car Ownership | You own the car after paying the final ‘option to purchase’ fee. |
| Length of Agreement | Between 1 and 5 years, as per your choice. |
| Credit Score Check | A credit check determines eligibility and APR. |
| Exiting Agreement | Return the car after paying at least 50% of the agreement. |
| Deposit | Not always required; part exchange options may be available. |
| Feature | Details |
|---|---|
| Car Ownership | Own the car only if the final balloon payment is made. |
| Balloon Payment | Large payment due at the end, with options to pay, return, or trade in. |
| Annual Mileage | Stay within the agreed mileage to avoid fees. |
| Missed Payments | Risk of losing the car if payments are missed. |
| Voluntary Termination | Allowed if 50% of the finance agreement is paid. |
| Fees | Admin fees and excess mileage charges may apply if exiting early. |
Comparing quotes for cars has never been so easy. Complete our 1-minute application and find a great deal from our panel of trusted lenders.
The above rates and monthly payments are an example only. The actual rate you will be offered by lenders could be lower or higher depending on your circumstances
Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.
*Our lenders operate using an initial "soft search" which does not impact your credit score however, if you wish to proceed with the finance offered, the lender may carry out a "hard search" prior to sending you the finance documentation to sign.
Amazing experience from start to finish, the people there don’t push you into anything. The checks are really good, they not only check out the car but who you are buying it from. Thanks to Matthew and Leon for all their support in helping me choose the right car for me.
They were extremely helpful and did everything they could to get me finance even with a bad credit rating. Couldn’t recommend these guys enough. Leon talked me through it every step of the way, the company are lucky to have you😊
Very helpful team Leon walked me through the whole process and didn’t push. He also gave brilliant advise and set up warranty package that gave me peace of mind.
I've just picked up my new car, absolutely love it, Alan was amazing I told him everything I was looking for in a car and within minutes he found my dream car, Alan kept in contact with me through the whole experience, checking I was still happy with everything, I would highly recommend Happy motors finance and have already done so with friends. THANK YOU SO MUCH! 😊
Cannot praise this company highly enough. Dealt with Alan, who pulled out all the stops and exceeded my expectations. Everything went so smoothly. Alan also made sure I was given all the details needed and communication was excellent. Keep up the good work guys.
Chelcie RoweExcellent customer service. Friend, helpful and patient. Knowledgeable and reassuring. This company helped when nobody else could in regards to finance, and Leon was exemplary.
Celin RoisinKirsty has been an absolute star the entire way - even when we had to change car last minute, she had it sorted and kept me feeling confident and secure throughout the entire process! I would recommend her to anyone and whoever gets her as an advisor is so lucky!!!!
Andrew DeanReally smooth process, the guys were great from start to finish and couldn't be happier with my new car. Legends!
Dyan WalkerExcellent service. Ali was professional, attentive and extremely thorough. He explained everything clearly and was able to close the deal for me quickly. Initial contact was made on Saturday and by Monday everything was completed. 5* service.
Martin BallHello well had never brought a car this way before but was helped though the whole thing by great staff found a great car and within 24hours had a new car 5⭐ customer service
Toni SeraphinWas not expecting to be looking for another car so soon... and this was at no faulty of Happy motors... They handled the issue with my first car rapidly. Damian, Leon on the day of the bad event went above and beyond to rectify the issue and dealt with the dealership. This meant that Kirsty had to put up with me once again to find another car... and bless her understanding and patience again for dealing with me haha! I eventually found my car, and again Kirsty and happy motors were superb, quick and efficient fro. Auto trader add to the car being at my door... superb. I recommend this team to anyone and will spread their name far and wide.. and sorry to say Kirsty... I will definitely be back again without doubt or hesitation.
John Henry Oluebube MadukaI recently had the pleasure of working with Kirsty at Happy Motor Finance to secure financing for my new car, and I am beyond impressed with the service I received. From the moment we connected, Kirsty was incredibly knowledgeable, patient, and attentive to my needs. They took the time to explain all the financing options available to me, ensuring that I could make an informed decision.What stood out the most was their commitment to finding the best possible Car, rates and terms that fit my financial situation. Kristy navigated through the paperwork with ease, making the entire process smooth and stress-free. A couple of times I was feed up and wanted to give up but Kirsty reassured me that this will workout in the end. Thanks to Kirsty's expertise and dedication, I am able to drive away in my dream car with a financing plan that works for me. I highly recommend Kirsty from Happy Motor Finance to anyone looking for a reliable and supportive finance company and representative. Thank you, Kirsty, for your outstanding service! I appreciate You😊
Kane MillerThank you so much for the help and it was fast, easy and straightforward thank you Ali for the help if I could give you a 10 star I would 🌟⭐️
Hashem AhmedAs a seller, the whole process was absolutely professional and swift. Would highly recommend and definitely work with again!
Alex Timmins-JonesVery helpful and a personal touch. 99% of companies just click a button and leave you alone if rejected. Happy actually worked hard to understand my circumstances and make efforts to match. All completed in a couple of days start to finish. They obviously have a unique selection of finance companies on hand to support. Very happy with happy
