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Finance your car - Guide

How to Finance a Car

If you’re a bit confused (or maybe completely baffled) by the various car finance options available, you’re certainly not alone. At JCT600, we offer 3 main types of finance to help you pay for a car in the way that works best for you. If you want to understand more about how these different options work, the guides below are a great place to start.

Read our car finance guides to understand more:

And if you’re still not sure what the best type of car finance would be for you, or what you can get for your monthly budget, our knowledgeable staff are here to help. Call your nearest car dealership with any questions, or find a car using our online search, with ‘monthly payment’ toggled on, to see what’s in your price range – the relevant phone number will appear next to each car listing.

Associated with

  • Ben Logo
  • Santander Logo
  • BVRLA Logo
  • MotoNovo Logo
  • Motor Ombudsman Logo
  • Top Track 100 Logo
  • Premia Solutions Logo
  • Solera CAP HPI Logo

Representative finance example: Personal Contract Purchase (PCP)

Based on a cash price of £20,000 with a £4,000 customer deposit, borrowing £16,000 at a representative APR of 9.90% and the following:

48 Monthly payments of
£249.71
Fixed rate of interest per annum
9.90%
Optional final payment
£9,090.00
Amount of interest
£4,826.37
Total amount payable
£24,836.37
Annual mileage limit
5,000
Excess mileage charge
8.4p