fbpx

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.

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

Car finance glossary

The Car Expert has put together this comprehensive glossary of car finance terms to help you understand exactly what all the jargon means.

These guys call us for analysis and comment on car finance issues:

Our top car finance articles

Personal Contract Purchase: the PCP explained

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

Personal Contract Hire (PCH) explained

Leasing a car has always been popular for businesses, but it's increasing for personal users as well. We explore personal contract hire.

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 finance customers are confused about what happens at the end of a PCP finance agreement. We explain your options.
Advertisement

More car finance advice

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.

Your next car: buying vs leasing

There are many ways to fund your next new or used car. We look at the options and implications when it comes to buying vs leasing a car.

The best websites for leasing a new car

If you're looking to lease a new car, which websites should you turn to? We've had a look at some of the best car leasing sites to help you.

In good company: which car scheme should your business offer?

It’s fairly easy for any employer to organise a company car scheme. The difficult part is deciding which model is right for your business.

The ten golden rules for buying a car

Buying a new or used car? Follow these pearls of wisdom from The Car Expert and make sure you get the right car for the right price.

Can I cancel my car finance on medical grounds?

What are your rights if you can't afford your monthly car finance payments because of medical issues? The Car Expert has the answers.

How does salary sacrifice work for employees?

One of the most popular ways of running a company car is through a salary sacrifice scheme, so we're looking at how it works.

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.

Could you be driving an electric car for less money?

New research from Tusker shows that more people are looking to make the switch to an EV for their next car. (sponsored)

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.

Regulator confims new coronavirus car finance measures

The Financial Conduct Authority has set out new car finance measures to help borrowers affected by the ongoing coronavirus pandemic.

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 hand it back.

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.

More expert advice

Car buying

Car ownership

Car care

Car insurance

Car maintenance

Car safety

Car technology

Driving