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.
Carol St ClairAbsolutely brilliant company. Everything explained and sorted for me from start to finish. Will definitely recommend these guys. Thank you from a very happy customer 😁
idrees aliKirsty provided a fantastic service, would recommed to everyone. Happy motor finance
Matt JamesBrilliant help , very stress free experience. Highly recommend , Damien was excellent from start to finish .
Andy RyanAbsolutely outstanding service from Damian at Happy Motor Finance, start to finish 48 hours everything was explained and was an easy process. Highly recommended and cheers Damian much appreciated!
Victoria SumnerAmazing service from Leon and a new car sorted in less than a week.
Peter KilliardI could make this very very long winded but I won’t. I’ll just say that Kirsty and the team gave me the best customer service and buying experience ever. Thank you very much and I’ll be back when it’s time to upgrade.
Barry O'BrienKirsty was very patient, I don’t think I was an easy customer, I can’t remember how many cars I looked at, there was no pressure and Kirsty was extremely helpful and nothing was too much trouble, we eventually got a great deal on my ideal car, Thank you Kirsty
Jack ScoreyLeon was great! Fast responses to questions and always happy to help. Very quick process from start to finish. I would recommend this company to anyone.
Kyle DannIf I could give 6 stars I would, team member Yaz has been the most help from any finance company I’ve tried in getting a new car and helped me out massively. Top man and a top company would massively recommended.
