BUYER’S GUIDE
Buying a car is a big decision
Buying a car is a big decision
Financing a new vehicle
With so many options available, car finance can sometimes feel a bit confusing.
That’s why it’s important to understand the different types of finance agreements and which one best suits your needs.
At Vauxhall, we offer three main ways to finance a new car. To make things easier, we’ve put together a simple guide to help you understand each option and choose the one that’s right for you.
Please select an option to find out more:
Getting a good deal
Remember, you’ll find the best deals at Vauxhall Retailers, who provide car financing through Vauxhall Finance, as well as their own retail offers.
Retailer-specific offers can be found by visiting Retailers in person. Find your nearest Retailer. Alternatively, you can request a quote to see what deals they have.
Vauxhall’s full range of finance offers can be found from here.
Comparing Finance Options
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