Uk car finance What is a PCP and HP??

Hello everyone! In this video I give you a brief explanation on uk car finance and tell you a little about what PCP's are and also HP finance agreements.

If you have any questions or you are still a little unsure please let me know in the comments section and I will get back to you ASAP.

Also if you are about to go to a dealership or garage to purchase a new car and you are a little nervous or unsure of the process let me know and I will talk you through it all.

Hope you enjoy the video. If you do, please leave a like and if you haven’t already, please subscribe for more content.

If you have any questions, feel free to ask.

Thanks everyone!

[gameofreviews]

After the end of PCP, if we give the car back, what happens to the deposit?

[Sunnyangusyoung]

In both scenarios, is the interest paid is equal or it differs in terms of PCP and HP? I mean for example you pay 15k total for a 10k car. Will that be same for both options?

[Jayakumarkpable]

The vehicle is registered in finance company's in both the cases? Even for HP?

[kev]

So I have a PCP agreement with a millage cap of 36750. I feel I could go over this limit and it’s 9p per mile, BUT I plan on paying the final ballon payment at the end so do I need to work about the millage? Please help. I’m tearing my hair out. I don’t want to be charge two sets of charges

[VladutVlad-xqvm]

Hello, I have a question, I have a car through Finance Car, I would like to be able to exchange it for another car also through Finance Car but a more expensive car, do you think it will work?

[Benjimikey]

You are always the registered keeper of a vehicle not the owner. The manufacturer certificate of origin is what you need and the corrupt DVLA corporation keep it hidden from you.