CAR FINANCE EXPLAINED

We arrange flexible financing rates with leading lenders to match your individual monthly budget limits.

PCP FINANCE

Personal Contract Purchase

Ideal for those wanting lower monthly payments and to change vehicles every 2 to 4 years. At the end of the contract term, you can choose to make a final lump-sum payment (the balloon) to own the vehicle outright, return it, or trade it for a new model.

HP FINANCE

Hire Purchase

Simple hire purchase structures. Spread the total retail value of your car across 12 to 60 equal monthly payments with a custom upfront deposit. After your final scheduled payment transaction clears, you own the car 100% outright without balloon payments.

CASH PURCHASE

Outright Transfer

Buy straight, secure, and hassle-free. We accept safe electronic CHAPS/BACS bank transfers, major UK debit and credit cards, and clear previous finance contracts before you transition. No admin or paperwork processing charges are added.

MONTHLY PAYMENT ESTIMATOR

Slide the values below to approximate your monthly loan repayment values.

Vehicle Price / Loan Amount (£) £15,000

Your Upfront Deposit (£) £2,000

Agreement Term (Months) 48 Months

Estimated APR Interest Rate (%) 7.9%

ESTIMATED MONTHLY LOAN REPAYMENT

£298.50

Estimations exclude fees. Subject to credit scoring. Westgate Motors acts as a non-exclusive credit broker. Manchester FCA Reg: 123456.