Which car finance suits me?
Cash, HP, PCP, lease, contract hire or salary sacrifice — ranked against what you actually want
Answer three questions and see which UK car finance product fits — cash, HP, PCP, personal lease, business contract hire or salary sacrifice. Includes who owns the car and whether you can modify it.
This is a free UK calculator. Enter your figures to get an instant, personalised result — no signup, no email capture, no upsell.
Frequently asked questions
What's the difference between HP and PCP?
With Hire Purchase you pay off the whole vehicle and own it at the end. With PCP you only pay off part of it, so monthly payments are lower, but there's a large optional balloon payment if you want to keep it — otherwise you hand it back.
Can I modify a car on finance?
It depends who owns it. On HP and PCP the finance company owns the vehicle until you finish paying, so permanent modifications need written consent. On any lease or salary sacrifice the vehicle must be returned unmodified.
Can I convert a leased van into a camper?
No — leased vans must be returned in original condition. For a camper conversion you need to own the van: buy outright, or use Hire Purchase with the lender's written consent.