Car finance advice

Most people buying a new or used car will do so using some sort of car finance. Whether buying or leasing, The Car Expert can give you the right advice and help get you get the best car for your budget.

The Car Expert provides independent and impartial information on any 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 purpose of this site is to give 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

Car finance: the PCP (Personal Contract Purchase) 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 report 2018: record debt for new and used cars

Despite private new car sales falling more than 6% in 2018, it was yet another record-breaking year for car finance borrowing for both new and used cars.

The biggest motoring trends to look out for in 2019

Warranty Direct looks at the car trends set to hit the automotive industry in 2019. What will be the things that drivers are looking for this year?

Car finance debt continues to grow despite falling sales

Car finance debt increased in the third quarter of 2018, despite the number of new finance agreements falling in line with lower new car sales in September.

What documents do I need for car finance?

When applying for finance for a new or used car, you will need to provide various information, documents and proofs of identification to the finance company so they can assess your application.

Car finance debt breaking new records in 2018

Car finance borrowing for 2018 to date has smashed previous records, as new and used car buyers continue to borrow more and more money for their cars.

Car finance: How do I settle a PCP early?

Today we answer one of the most common questions about PCP car finance: What if I want to end my agreement and settle a PCP early?

How to avoid finance and leasing penalty charges

With most new cars funded through either PCP or contract hire, it's important that your car is in good condition when you want to hand it back.

Car finance levels continuing at record pace

The latest consumer car finance figures show that customers are still borrowing more and more money on both new and used cars.

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.

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.

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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.