Finance Options

Prestige Vehicles In Hale & Altrincham

PCP, PCH or HP? Car finance explained

Deciding how to finance your car is an important decision many of us need to make. In 2012, 70% of all new cars buyers used finance from their dealer to pay for their purchase. This guide will walk you through three of the most popular finance plans – Hire Purchase (HP), Personal Contract Hire (PCH) and Personal Contract Purchase (PCP) – to help you decide which is right for you.

Hire Purchase (HP)

If you choose to pay for your car with a Hire Purchase agreement, you will normally pay an initial deposit and will pay off the entire value of the car in monthly instalments. When all the payments are made, the Hire Purchase agreement ends and you own the car.

Personal Contract Hire (PCH)

Personal Contract Hire (PCH) is a type of long-term rental that will suit you if you’re not looking to buy the car at the end of your contract. You lease the car for an agreed period of time by making fixed monthly payments. When the contract expires, you simply return your car or take out a new contract on a new vehicle.

Personal Contract Purchase (PCP)

Personal Contract Purchase (PCP) is similar to a Hire Purchase agreement as you will usually pay an initial deposit, followed by monthly instalments. What's different with PCP, is that your monthly instalments are only paying off the depreciation of the car, rather than the entire value of the car.


  • We have a wide range of prestige cars
  • Finance options available to suit your needs
  • Well established and well regarded business
  • Servicing Hale, Altrincham and cheshire
  • Appointments available 7 days a week
  • Fast turnaround times
  • Fully backed by our dedicated support team

Our Statistics

21,114 Cars Sold
£1,750,000 Finance Provided
94% Customer Satisfaction
43 Years In Business
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