Financing a new vehicle
With the range of options available, new car financing can sometimes be a little confusing.
As with anything, when it comes down to deciding what type of car finance agreement to enter into, it’s important to understand the differences between each one, and which may appeal to your needs the most.
With Vauxhall, there are three main ways to finance a new car. To help you, we’ve put together a simple guide on each one.
Please select an option to find out more:
| Personal Contract Purchase (PCP) | Conditional Sale | Personal Contract Hire | |
|---|---|---|---|
| New Cars |
✓ |
✓ |
✓ |
| Used Cars |
✓ |
✓ |
X |
| Upfront Payment | Optional |
Optional |
Required |
| Monthly Payments |
✓ |
✓ |
✓ |
| Damage Charges |
✓* |
X |
✓ |
| Excess Mileage Charges |
✓* |
X |
✓ |
| Depreciation Risk | X |
✓ |
X |
| Road Tax Included | X | X |
✓ |
| Vehicle Ownership |
Option to buy** |
Owned at the end of the term | No option to buy |
| Maintenance Package | X |
X |
✓† |
* Damage and excess mileage charges are only payable if the vehicle is handed back
** If you pay the Optional Final Payment, you will take ownership of the car at the end of the contract
† A maintenance package is available for an additional fee