Capital Car Finance - Specialists in car leasing and PCP personal contract lease purchase: Uk based

Capital Car Finance specialise in three main methods of funding namely Personal Contract Purchase [PCP], Lease Purchase [LP] and our newest offering, Motor Loan Plus [MLP].

All these finance products will assist you in buying the highest specification car for a lower monthly outlay, please find more detailed information below, this should give you a better understanding of how all our finance products work.

Motor Loan Plus (MLP)

If you are looking for a little more flexibility with funding your next car, with no ties to any contract, period or mileage, then Motor Loan Plus could be the best option for you and one that will almost certainly offer reduced monthly payments. Find out more…

Lease Purchase - Low Payment Plan (LPP)

Lease Purchase is sometimes referred to as Hire Purchase with a balloon and is structured in a similar way PCP, however unlike PCP there is no guarantee offered at the end of the agreement, customer can defer a capital lump sum amount until the end of the agreement, this is known as the Residual Value. Find out more...

Personal Contract Purchase (PCP)

PCP is one of the best ways to purchase a new or used car todyay, it allows customers to purchase a car of their choice at a very attractive fixed monthly finance payment, with the benefit of a low initial deposit outlay and a guaranteed minimum future value (GMFV) at the end of the agreement. Find out more...

Hire Purchase (HP)

Hire Purchase (HP) is very similar to borrowing a sum of money from a bank and paying it back over a fixed period of time, with interest. Hire Purchase is a type of secured loan which are often preferred over alternative (unsecured) loans because they allow a greater borrowing limit. The term "secured loan" means exactly that, a loan that the lender can secure against an asset (in this case, the vehicle). HP gives you additional rights over those of a personal loan and is only available through dealers that have passed the stringent approval process of the finance companies.

Contract Hire & Leasing

Contract Hire and Leasing is basically a long-term rental agreement and can include service and maintenance, breakdown cover and a replacement vehicle and in most cases, includes the road fund licence for the duration. Your monthly payments will be subject to VAT though as its a rental product, if you are a VAT registered business you can reclaim this back from HMRC on your VAT return (100% for commercial vehicles and 50% for cars).

The monthly rental is calculated from the length of contract and the estimated miles driven. At the end of the period the vehicle is returned to the contract hire company as the leasing company always owns the vehicle. It is treated as "off balance sheet funding" in a company's accounts.

This is a completely risk free package for our customers and almost always works out cheaper than outright purchase of a vehicle. This is due to the extra discounts and support received from manufacturers, which are passed on to the hirer in the monthly rental

Contract Hire & Leasing Highlights:

• Fixed cost motoring
• Fully inclusive maintenance available
• Very cost effective
• VAT efficient - part or fully reclaimable
• Low initial payment
• Low monthly payment
• Complete no risk option