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.

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.
Advertisement

More car finance advice

Car finance: How do I settle a PCP early?

Changing circumstances mean you need to settle your PCP car finance agreement now rather than wait until it ends. What are your options?

What documents do I need for car finance?

When applying for car finance, you need to provide various information and documents so the finance company can assess your application.

Coronavirus: Should I take a payment holiday on my car finance?

A three-month car finance payment holiday may sound good, but there will almost certainly be some big extra costs to consider.

Coronavirus: Payment freeze for car finance announced

The FCA has announced car finance lenders should offer customers a three-month payment freeze if they are struggling with their car finance bills as a result of coronavirus.

Coronavirus: Are we heading for a car finance meltdown?

With millions of car owners facing financial uncertainty, the car industry isn't exactly providing clear guidance and assurance to help.

What happens to your car finance agreement if you die?

When taking out car finance, almost no-one thinks: "What would happen to this car finance agreement if I should die before it's paid off?"

Coronavirus: Can I cancel my car finance?

Lost your job or furloughed thanks to the coronavirus and need to urgently save money? Here’s a guide to whether you can do anything about your car finance.

Coronavirus and your car: Your questions answered

Updated car ownership, car maintenance and car finance guidance related to the coronavirus pandemic, provided by The Motor Ombudsman and The Car Expert.

More expert advice

Car buying

Car ownership

Car care

Car insurance

Car maintenance

Car safety

Car technology

Driving

Expert advice and opinion – as seen, heard and read here:

More from The Car Expert

Expert Advice

Award-winning, independent and impartial advice on buying, financing, owning and running a car

Expert Ratings

We analyse and aggregate dozens of media reviews for each new car into an overall Expert Rating

Expert News

All the most important new car launches, model updates, car reviews and industry news

Expert Partners

Our new space for commercial partners to bring you special offers on their products and services

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.