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The Independent UK
The Independent UK
Steve Fowler

PCP vs HP car finance: Key differences explained by a motoring editor

There’s a lot to think about when it comes to car finance - (iStock)

Choosing the right car is tricky enough, but deciding on the right finance option is even harder. There are many ways to finance your next car, and some are really difficult to understand.

Then there’s the challenge of sitting in front of a salesperson or a finance manager in a car dealership who might be bamboozling you with fancy finance packages with different names and different numbers. So, it’s vital that you know exactly what your options are and what they all mean, so you can buy with confidence.

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