Rates from 8.9% APR - 8.9% APR Representative

PCP Finance

Try Our PCP Finance Calculator

We are a credit broker and not a lender

How It Works

Call us and get a tailored quote on your chosen car (or apply online).


When you are happy, we’ll create and submit your application to your chosen lender.


Once approved, pay a deposit to the dealer and sign & return the finance documents to us.


We pay the dealer - you pick up your new car!


Representative example - Mini JCW


Deposit £4,000
Amount of credit £18,899
Total amount payable £27,904.66
Final Instalment/Balloon £9,932.5
Interest Charges £4,995.66
Regular monthly instalment £297.28
Duration of agreement 48 months
Representative APR 8.9%
Type of interest Fixed

*This PCP finance example is for illustration purposes only. Please contact our finance team for a tailored quotation.

What are the benefits of Personal Contract Purchase?

  • Flexible deposit options at the start
  • Lower monthly payments than Hire Purchase
  • Fixed monthly payments throughout the term of the agreement
  • Three options at the end of your agreement
  • Easy to budget for your next car purchase

Why choose a PCP?

PCPs are great if you want to change your car on a regular cycle and enjoy fixed monthly payments that are lower than a traditional Hire Purchase.

Things to consider

  • Charges – a PCP agreement could work out to be more expensive overall compared to a hire purchase agreement for an equivalent vehicle.
  • If you decide to return the vehicle, make sure it is in good condition as you could be responsible for any repairs if it is not.
  • Make sure you estimate your annual mileage with care as there will be charges for additional miles above the amount agreed.

Why choose Magnitude?

Competitive Rates

Magnitude Finance are a completely independent prestige finance broker, working in your best interests, not the dealers, so our rates are always competitive - and generally lower than the dealer's.

Wide choice of agreements and lenders

With access to multiple lenders, many of which are main UK banks offering exclusive products for cars worth over £25,000, we are perfectly placed to meet individual preferences.

Expert advice

We pride ourselves on getting to know our customers and take the time to understand their initial demands but also their long-term plans so we can provide an ongoing best-in-class service.

Over 30 years of Experience

We’re part of the DSG Finance Group, a collective of forward-thinking and experienced brands and investments, which specialises in UK motor finance and focuses on compliant technology-driven delivery.