Car Finance Calculator — PCP, HP & Loan Comparison

All options — tap to expand · edit figures inside

4-year total cost

True monthly total — best option including all running costs

Estimates based on UK market data. APRs representative — your actual rate depends on credit score. Personal loan rates: Bank of England Q1 2026. PCH: Carwow, scaled to car price. VED: DVLA 2026 standard rate. Running costs assumed: insurance £75/m, fuel 145p/L at 45 mpg and 5,000 mi/yr, parking £100/m, servicing £20/m, tyres £10/m, MOT £5/m, VED £17/m. Residual: 45% of price after 4 years. PCP balloon (GFMV) defaults to 60% — lenders set this higher for low-mileage contracts. Always get a personalised quote before signing.

Side-by-side comparison — all options across all criteria

✓ Yes / Favourable ✗ No / Not ideal ~ Partial / Depends

Adjust terms and see the impact instantly

Negotiate PCP APR Biggest saving

PCP interest rate

14.4%

Increase your deposit Lower monthly

Deposit amount

£2,499

Change the contract term

Length of agreement

48 months

Shop around for a bank loan rate

Personal loan APR

6.9%

Answer three questions — get your best option

We look at your situation and highlight the two options that suit you most, and which ones to avoid.

1. Do you want to own the car at the end?

Yes, definitely

No, I'll hand it back

I'm not sure yet

2. How many miles a year do you expect to drive?

Under 8,000

8,000 – 15,000

Over 15,000

3. Do you have a deposit or savings ready?

Yes, I have savings

No, minimise upfront cost