Finance at Eazy Cars

Car finance lets you breakdown the cost of a new car into more manageable chunks, allowing you to pay monthly rather than in one lump sum. We accept finance and we don’t earn commission.

Our staff don't get any commission for selling cars, so you will never see any force selling, and staff focus will be customer driven to provide right solution. 

Plus, we don't accept any commission from any finance company meaning we will always make sure you get best deals and our dealing with finance will be purely for the benefit of the customer - again customer driven!

Hire Purchase or Personal Contract Purchase

We offer you the choice of a Hire Purchase or Personal Contract Purchase finance agreement. Both agreements can be created for car finance deals. Which is best for you 

depends on your individual circumstances. We’ll explain the main differences below to shed clarity on the matter:

Hire Purchase (HP)

Hire Purchase agreements are a type of credit where once you have paid the total loan amount, you own the vehicle. During the loan term, the financer owns the vehicle. Once you repay them in full, ownership passes to you. Typically, Hire Purchase agreements have higher monthly payments because you are repaying the total car amount. With a Personal Contract Purchase, you repay only part of that amount.

Personal Contract Purchase (PCP)

Personal Contract Purchase agreements are a type of credit where you pay off instalments to cover part of the cost of a car. Once you have paid off the amount as set out in the agreement, you hand the car back to the owner, who is the financer. Alternatively, if you want to keep the car, you can refinance the remaining cost of it. This is called the balloon payment. It is based on the guaranteed future value (GFV) of the car.