Car finance calculator
Your finance options explained
Personal Contract Purchase
Personal Contract Purchase (PCP) spreads the cost of the vehicle over an agreed term. Once you’ve paid all the monthly payments, you have three options:
- Part exchange
- Pay the optional final payment to own it
- Give the vehicle back (return conditions apply).
Hire Purchase
Hire Purchase (HP) finance spreads the cost of a vehicle over an agreed term. After paying all the monthly payments, you’ll own the vehicle.
The finance calculator is for illustrative purposes only.
3 easy steps to use the finance calculator
1. Your finance
This is the total price of the vehicle you want to buy or the price you’ve negotiated with your dealer. If you haven’t chosen a vehicle, enter the amount you plan to spend.
We'll lend up to £100,000Your deposit is the amount of money you pay upfront to secure the vehicle. Include any part exchange paid for your existing vehicle, if you’re trading it in.
Including any part exchangeFor HP you can select an agreement term from 12 months up to 60 months.
For PCP you can select an agreement term from 12 months up to 49 months.
Between 12 and 60 monthsThe Annual Percentage Rate you are being charged for your finance agreement. The calculator will enable you to select any value within a range. To understand the actual APRs available, you will need to speak to one of our selected dealers.
Between 0% and 19.9% APR2. Your options compared
Personal Contract Purchase (PCP)
Monthly repayments
##pcpfullmonthlyamt##
Term (max 49)
##repayperiod##
APR
##apr##%
Optional final payment
##lumpsum##
Total amount repayable
##pcpfulltotamt##
Total amount of credit
##creditamount##
Excess Mileage Charges
If you exceed your permitted maximum mileage for your PCP agreement you will need to pay an excess mileage charge.
Hire Purchase (HP)
Monthly repayments
##hpfullmonthlyamtt##
Term (max 60)
##repayperiod##
APR
##apr##%
Total amount repayable
##hpfulltotamt##
Total amount of credit
##creditamount##
3. Find a local dealer
Now find an approved Black Horse car finance dealer who can help you apply.
Get more information about the types of finance available in our finance guide (PDF, 3.8MB).
Black Horse finance is available at selected dealers. Finance offers depend on the vehicle you select, your personal circumstances, our lending policies and the finance options offered by your dealer.
