Expert Advice

Car finance advice

Whether buying or leasing, The Car Expert's car finance advice can help get you get the best car for your budget.

Most people buying a new or used car will do so using some sort of car finance. The Car Expert provides independent and impartial information on every aspect of car finance.

You should always consider any finance offer carefully before signing a contract or agreement. The Car Expert does not provide specific advice on any finance quotation or offer.

The Car Expert gives you the knowledge you need to be able to make an informed decision about any finance agreement you are considering.

Car finance glossary

Our comprehensive glossary of car finance terms will help you understand what all that jargon means.

Our top car finance articles

Personal Contract Purchase: the PCP explained

The PCP (personal contract purchase) is the most popular type of car finance. This guide tells you everything you need to know about PCP car finance.

Personal Contract Hire (PCH) explained

Personal contract hire (PCH) is a popular way of driving a new car. It is considered a viable alternative to a personal contract purchase (PCP).

Car finance: Voluntary termination of a PCP or HP

Voluntary termination is your legal right to cancel your PCP or HP car finance agreement in certain circumstances. The Car Expert explains how it works.

What are your options at the end of a PCP?

Many car buyers are confused about what their choices at the end of a PCP car finance agreement. We explain your options to help you make the best choice.

More car finance advice

Car finance: the early upgrade myth

Have you had a call from the car dealer with the "good news" that you are eligible for an early upgrade on your PCP? It may be good news for the dealer, but not necessarily for you.

New car finance rules set to save customers millions

The Financial Conduct Authority (FCA) has announced stricter new car finance rules, which it says will save car buyers of the UK £165 million each year.

How to understand a PCP car finance quote

Thousands of people look at a PCP car finance quote and are hopelessly confused by all the different numbers. Cut through the confusion with this guide.

Do I have to service my car with the dealer if I have a PCP?

The popularity of PCP car finance has allowed car manufacturers to be sneaky in forcing you to have your car serviced by their dealers.

Before you apply for car finance…

Don't get sucked into a car finance agreement you can't afford. Here are a few simple tips you should follow before you sign your life away.

The car industry needs to be more honest when selling car finance

A story on BBC News has highlighted the public's lack of understanding when it comes to PCP car finance, as well as the futility of debating it on social media.

Car finance: Top 10 PCP myths busted

Based on all the questions about PCP finance we have received here over the last few years, we've listed our Top 10 PCP myths – and then busted them.

Lexus launches new car subscription service

Lexus is the latest car manufacturer to launch a subscription service that allows customers to pay a monthly fee for an all-inclusive ownership experience.

Electric car market flat due to long waiting times

Britain’s electric car revolution is being hampered by a "bottleneck" in global battery production, as demand far outstrips supply of zero-emission vehicles.

Car finance: Negative equity and why it’s a problem

One of the big problems in car finance is negative equity, and it can get you into financial trouble. But what is negative equity and why is it a problem?

Financial watchdog to crack down on rip-off car dealers

Car dealers are ripping off buyers on their car finance by more than £1,000 to pocket higher commissions, Britain’s financial watchdog has found.

Can I take out car finance for someone else?

Can you take out car finance in your name if the car is for someone else? This is called an accommodation deal, and it causes considerable confusion.

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Car finance glossary

Our comprehensive glossary of car finance terms will help you understand what all that jargon means.

Disclaimer

Most car finance agreements in the UK are regulated by the Financial Conduct Authority, and anyone involved in the selling of car finance must be accredited by the FCA. You should always consider the terms and conditions of any agreement carefully before taking out any form of car finance, as you are making a substantial ongoing commitment and there may be significant costs if you change your mind or are unable to meet your commitments at a later date.