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Exclusive Eligibility: Unbeatable deals for UK based military, overseas based military (tax free sales), UK Police, NHS, Fire & Rescue service, and Prison service personnel. Use this calculator to estimate your payments, then check your eligibility and explore our exclusive packages.

Calculate Your PCP Payments

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Your Estimated Monthly Payment

Monthly Payment
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Amount to Finance
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Total Payable
£0
Total Interest
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💰 Save Up to 35%
on New Car Discounts at Motor Source
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Important: This calculator provides estimates only. Your actual finance terms will depend on your credit history and lender approval. All finance is subject to status.

Understanding PCP Finance

Personal Contract Purchase (PCP) is one of the most popular ways to finance a car in the UK, offering flexibility and typically lower monthly payments than traditional car loans.

How PCP Finance Works

1. Initial Deposit

Typically 10-30% of the car's value. A larger deposit means lower monthly payments.

2. Monthly Payments

Fixed monthly payments over 24-48 months covering the car's depreciation.

3. Final Payment

The Guaranteed Minimum Future Value (GMFV) set at the start based on predicted value.

Your Options at the End

  • Return the Car: Hand the keys back with nothing more to pay
  • Pay the Final Payment: Pay the balloon payment to own the car
  • Part-Exchange: Use any equity as deposit on your next car

Frequently Asked Questions

Can I walk away from PCP with nothing to pay?
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Yes, at the end of your PCP agreement you can return the car with nothing more to pay, provided you've kept within the mileage limit and the car is in good condition.

What happens if I exceed my mileage?
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You'll be charged for every extra mile, typically 3-15p per mile. For example, 2,000 excess miles at 10p per mile would cost £200.

What is the balloon payment?
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The balloon payment (GMFV) is set at the start and represents what the lender guarantees the car will be worth at the end. Typically 40-60% of the original price.

Who is eligible for exclusive deals?
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Yes! Motor Source Group offers exclusive PCP finance deals for UK based military, overseas based military (tax free sales), UK Police, NHS, Fire & Rescue service, and Prison service personnel with preferential rates. Check your eligibility.

Close to our heart

We are proud to work in partnership with all NHS Trusts and several Health Care organisations to further support our NHS and Health Care professionals.

Find out more about these partnerships by clicking the logos below.

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