Audi Car Finance 
BMW Car Finance 
Ford Car Finance 
Kia Car Finance 
Land Rover Car Finance 
Mercedes Benz Car Finance 
Nissan Car Finance 
Peugeot Car Finance 
Tesla Car Finance 
Toyota Car Finance 
Vauxhall Car Finance 
Volkswagen Car Finance Lease Purchase Car Finance
Lease Purchase combines lower monthly payments with guaranteed ownership at the end. A smart choice if you want to own your car but keep monthly costs manageable.
With no impact to your credit score*
Calculate Your Finance
Estimated monthly payments
With no impact to your credit score*
We act as a credit broker, not a lender
Representative example: borrowing £6,500 over 5 years with a representative APR of 16.9%, an annual interest rate of 16.9% (Fixed) and a deposit of £0.00, the amount payable would be £161.19 per month, with a total cost of credit of £3,171.55 and a total amount payable of £9,671.55. This is an example only, lender fees may apply. The exact rate you will be offered will depend on your circumstances. All finance subject to status.
*After completing the application, lenders will perform a “soft search” that will not affect your credit score. Should you get an offer of finance and wish to proceed, the lender will then perform a “hard search” of your credit file. Finance acceptance is not guaranteed, please click the following link for more information: Initial Disclosure Document
Lease Purchase is a form of car finance that works similarly to PCP but with one key difference — you're committed to owning the car at the end of the agreement. You'll enjoy lower monthly payments thanks to a deferred final payment (balloon payment), but unlike PCP, you must pay this final amount. It's the perfect middle ground between HP and PCP for drivers who want ownership with lower monthly costs.
How Does Lease Purchase Work?
With Lease Purchase, you pay an initial deposit followed by fixed monthly payments over an agreed term, typically 24 to 48 months. Like PCP, the monthly payments are calculated based on the car's expected depreciation, which keeps them lower than a standard HP agreement.
At the end of the term, there's a final balloon payment that you must pay to take full ownership of the vehicle. Unlike PCP, there's no option to simply hand the car back — the balloon payment is a mandatory part of the agreement. You can pay it as a lump sum, refinance it, or in some cases use savings or the sale of another asset to cover it.
Benefits of Lease Purchase
- Lower monthly payments than HP thanks to the deferred balloon payment
- Guaranteed ownership — the car will be yours at the end
- Fixed monthly payments for straightforward budgeting
- No mileage restrictions during the agreement in most cases
- Build equity in the vehicle from day one
- Potential to refinance the balloon payment if needed
Is Lease Purchase Right for You?
Lease Purchase is ideal if you definitely want to own the car at the end but would prefer lower monthly payments than a standard HP deal. It works well for people who are confident they can manage the balloon payment when it comes due, whether through savings, refinancing, or the sale of an asset.
It's worth noting that because you must pay the final balloon payment, you need to plan ahead. If you're unsure whether you'll want to keep the car or prefer the flexibility to hand it back, PCP might be a better fit. However, if ownership is your goal, Lease Purchase offers a cost-effective route to get there.
Lease Purchase vs PCP — Key Differences
Both Lease Purchase and PCP feature lower monthly payments with a balloon payment at the end, but they differ in a crucial way. With PCP, the balloon payment is optional — you can return the car instead. With Lease Purchase, the balloon payment is mandatory, meaning you're committed to buying the car.
PCP also typically comes with mileage limits and condition requirements, whereas Lease Purchase agreements are generally more flexible on mileage. If you know you want to keep the car and prefer fewer restrictions, Lease Purchase is the stronger option.
How It Works
Getting car finance doesn't have to be complicated. Here's how our simple process works.
Apply Online
Complete our quick and easy application form in just a few minutes. It won't affect your credit score.
Get Matched
We'll search our panel of lenders to find the best deal for your circumstances.
Choose Your Car
Once approved, choose any car from any reputable dealer. Our Personal Shopper service can help.
Sign & Drive
Sign your finance agreement and drive away in your new car. It really is that simple!
With no impact to your credit score*
We act as a credit broker, not a lender
Representative example: borrowing £6,500 over 5 years with a representative APR of 16.9%, an annual interest rate of 16.9% (Fixed) and a deposit of £0.00, the amount payable would be £161.19 per month, with a total cost of credit of £3,171.55 and a total amount payable of £9,671.55. This is an example only, lender fees may apply. The exact rate you will be offered will depend on your circumstances. All finance subject to status.
*After completing the application, lenders will perform a “soft search” that will not affect your credit score. Should you get an offer of finance and wish to proceed, the lender will then perform a “hard search” of your credit file. Finance acceptance is not guaranteed, please click the following link for more information: Initial Disclosure Document
Frequently Asked Questions
Ready to Get Behind the Wheel?
Apply for car finance today. Our quick application takes just minutes and won't affect your credit score.
With no impact to your credit score*
We act as a credit broker, not a lender
Representative example: borrowing £6,500 over 5 years with a representative APR of 16.9%, an annual interest rate of 16.9% (Fixed) and a deposit of £0.00, the amount payable would be £161.19 per month, with a total cost of credit of £3,171.55 and a total amount payable of £9,671.55. This is an example only, lender fees may apply. The exact rate you will be offered will depend on your circumstances. All finance subject to status.
*After completing the application, lenders will perform a “soft search” that will not affect your credit score. Should you get an offer of finance and wish to proceed, the lender will then perform a “hard search” of your credit file. Finance acceptance is not guaranteed, please click the following link for more information: Initial Disclosure Document
