We can provide finance for people who have had difficulties obtaining credit in the past,
if we can’t approve you, we don’t think anyone can!

Personal Contract Purchase

Personal Contract Purchase is a car finance agreement where you choose the car, the finance company pay the dealership and you repay the finance company in monthly instalments. With this type of agreement you only repay the total amount that is due, essentially paying off the depreciation of the car. At the end of the term there is a lump sum (called a Balloon Payment) and depending on what you want to do with the car you have several options about what to do with the payment.

Benefits At a glance:

 

✓ Monthly repayments are usually smaller

✓ Can benefit from a smaller initial deposit

✓ Easily enter into a new PCP contract at the end of the term if you want a new car

Apply Online Now!

 Receive an instant decision

A member of our friendly and helpful team will call you back

Apply Now
Smiling business man getting out of a car

Registered with Information Commissioners Office ICO Registration Number: ZA132327

UK Car Finance Limited. Registered in England
Registered number 9397657.
Registered Office Henson House, Whitley Road, Benton, Newcastle Upon Tyne, NE12 9SR

Refused Car Finance and refusedcarfinance.com is a trading style of UK Car Finance Limited and is acting as a licensed credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority, registration number 714966. All finance is subject to status and income. Applicants must be 18 or over, terms and conditions apply, guarantees and indemnities may be required.

Written quotations on request. Certain exclusions for NI residents.

Note: We cannot be held responsible for specification errors, and price errors, we use Motortrade software which is not always 100% accurate. Copyright 2017 Refused Car Finance.

Refused Car Finance can introduce you to a limited number of finance providers based on your credit rating and we may receive a commission for such introductions.

*Representative Example
Cash price – £6999, Deposit – £0, Amount of credit – £6999, Rate of interest – 15% per annum, Amount of interest – £4199.40, Lender Documentation fee – £50.00, Lenders option to purchase fee – £50.00, Total charge for credit – £4299.40, First repayment – £283.30, Followed by 46 Monthly repayments of – £233.30, Final repayment – £283.30, Total amount payable – £11,298.40, Representative APR – 29.2%

*Last month, over 51% of Refused Car Finance customers that had their loan arranged were offered an APR of 29.2% or lower

During the period May to December 2016, UK Car Finance Ltd received 5167 unique applications, of which we were able to offer 5085 applicants a line of credit, subject to the applicant being able to provide acceptable proof of affordability, are free from insolvency and or/a supporting guarantor fitting the lenders eligibility criteria.