Calculate your Lexus PCP quote instantly from our panel of trusted UK lenders
Finance Products
Lexus PCP Finance Made Simple
Calculate your Lexus PCP quote instantly from our panel of trusted UK lenders
build your quote in just 30 seconds!
Using a vehicle price of £25,000 and a deposit of £2,500, the balance to finance would be £22,500, giving monthly payments of £346.31 over 48 months. The final payment based on 5k per annum would be £12,250 with a total amount payable of £31,026.57.
Capital Car Finance Limited is a credit broker and not a lender. Our rates start from 7.9% APR. The rate you are offered will depend on your individual circumstances. 8.9% APR Representative. This is an example only, lender fees may apply. By requestion a quote you agree to our Privacy Policy| Terms of Service
We'll search for PCP offers from our panel of lenders
Your payments could be as low as.
Based on your credit score
This car finance quote is for illustration purposes only and does not constitute a firm & final offer. Rates are set by our lender based on your credit profile. All finance applications are subject are to approval.
We'll search for LP offers from our panel of lenders
Your payments could be as low as.
Based on your credit score
This car finance quote is for illustration purposes only and does not constitute a firm & final offer. Rates are set by our lender based on your credit profile. All finance applications are subject are to approval.
Capital Car Finance have some amazing car finance deals available for new and used Lexus, our Lexus PCP [Personal Contract Purchase] and LP (Lease Purchase) schemes have been enjoyed by our customers for over 15 years and with rates from just 8.9% APR now available on vehicles up to 6 years old, we have one of the most competive products in the UK.
As well as being one of the most competitive in the UK for Lexus PCP, we also pride ourselves on our transparent “one to one” professional service too, which is why most of our customers come back to us time and time again, please see our testimonials for more information. All our car finance products are available for Lexus vehicles up to 6 years old, providing they are supplied by an approved UK retail dealership, we have deals available for both business customers and private customers.
Please find more information below on all our available Lexus PCP car finance products.
One of the best ways to purchase a new or used car today, it allows customers to purchase a car of their choice at attractive fixed monthly finance payment, with the benefit of a low deposit outlay and a guaranteed minimum future value at the end of the agreement.
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.
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.
PCP has become one of the best ways to purchase or finance a new or used Lexus today, personal contract purchase allows you to buy any Lexus car of your choice at an affordable fixed monthly payment, with an initial low deposit and a guaranteed minimum future value (GMFV) or buy back at the end of the agreement term.
At Capital Car Finance we have the ability to offer our customers a very low rate of interest (From just 8.9% APR) together with industry leading GMFV’s making Lexus cars very affordable.
Lexus PCP Car Finance is very useful if you drive a company car and are opting out of a company car scheme for example (Cash for Car), because you can use your company car allowance or mileage reclaims to fund your monthly PCP payments and avoid paying excessive company car taxes.
Monthly payments are fixed with PCP for the repayment period, which is normally two, three or four years and the added flexibility of PCP car finance gives you several options at the end of the agreement:
The Lexus PCP Finance Plan provides the benefits of driving a higher specification Lexus for lower monthly oulay, unlike traditional methods of car finance, this is achieved by deferring a percentage of the total cost of the vehicle to the end of the contract, this is known as the guaranteed minimum future value.
This guaranteed minimum future value (GMFV) is the key difference between PCP and traditional forms of car financing such as Hire Purchase or personal loan. The GMFV plus your deposit is subtracted from the selling price of the vehicle and your monthly payments are based on the balance (plus interest on the balance and the GMFV). You will make lower payments than traditional financing simply because you are essentially only funding the depreciation of the vehicle.
At the beginning of the agreement, you decide on the total mileage you expect to do. If, at the end of the agreement, having chosen to hand your Lexus back to the finance company, your mileage exceeds the agreed level, you simply pay a fixed amount for every extra mile.
It is in your interest to minimise ‘wear and tear’ on your Land Rover and not exceed the agreed mileage. When the agreement has finished, the vehicle may well be worth more than the GMFV, providing you with extra value, In simple terms ‘normal wear and tear’ means that for its age and mileage, your Lexus is in fair working order, condition and repair.
Lease Purchase is sometimes referred to as Hire Purchase with a balloon and is structured in a similar way to Personal Contract Purchase or PCP car finance.
The customer may benefit from a slightly lower payment with a Lease Purchase as there is no guarantee offered at the end of the contract, the deferred lump sum amount at the end of the agreement is known as the Residual Value (RV) or balloon, and this has to be paid by the customer for outright ownership of the vehicle or PX to a dealer on your next purchase. Deposits for Lease Purchase are flexible, normally a minimum of 10% and a maximum of 40% of the total vehicle price, repayment periods are taken over 2, 3 or 4 years typically.
The Residual Value (RV) (sometimes called the balloon) at the end of the agreement reduces the regular monthly payments accordingly, thus making vehicles that traditionally have a strong Residual Value (RV) like Lexus, more suitable for this type of product as they make repayments far more affordable.
The Residual Values (RV) is calculated and set at the beginning of the lease purchase finance agreement but is not payable until the end of the contract, there are realistically two options for a Lexus lease purchase at the end of the term, 1. Pay off the residual value in cash or settlement by part-exchange or 2. Some lenders will allow the residual value to be spread over a secondary period and refinanced again.
for your quote with our latest rate and offers and let's see how much we could save you!
Get Quote
