Capital Car Finance have access to several Low Rate PCP finance products!
Capital Car Finance have access to several Low Rate PCP finance products!
This page explains how to finance a used car with low-rate PCP agreements, including how deposits, terms and guaranteed future values work for pre-owned vehicles.
Discover how low-rate PCP finance can make purchasing a used car more affordable. With flexible deposits, competitive APRs, and a choice of end-of-term options, PCP offers one of the most convenient ways to finance a high-quality pre-owned vehicle.
PCP is popular for used cars because customers only finance the expected depreciation during the term rather than the full value of the vehicle. This helps keep monthly payments lower and provides customers with better flexibility at the end of the agreement.
Used car PCP agreements typically allow low or variable deposits, giving customers full control over their upfront commitment. Payments may be significantly lower than traditional finance options because only part of the car’s value is funded.
For used cars, the GMFV is set based on mileage, vehicle age and retained value. This protects customers against unexpected market changes and ensures predictable end-of-term outcomes.
PCP contracts on used vehicles include mileage allowances and condition guidelines to keep the GMFV accurate. Staying within agreed mileage helps avoid additional charges and keeps future options open.
At the end of the agreement, you can return the vehicle, pay the final amount to keep it, or part-exchange it toward your next used or new car. This flexibility makes PCP ideal for customers wanting choice and affordability.
With more than 18 years of experience in super-prime car finance, we help customers secure competitive PCP rates on a wide range of used vehicles. Our FCA-regulated team offers transparent guidance with no inflated commissions, giving you confidence and clarity throughout your finance journey.
If you’re buying your used car from a motor dealer and are not happy with the PCP deal they have to offer, why not give us a call and see how much we can save you, our current rates are from just 7.9% APR, which is currently one of the lowest rates in the country for PCP car finance.
Most of our used car finance deals are based on either PCP car finance or lease purchase finance, both of which should save you a considerably amount of money compared to using dealer finance.
We can offer finance for most used vehicles up to 6 years old, providing the car is purchased from a reputable UK supplying dealer. We have a strong presence in the prestige car finance sector, so if you are buying prestige brands such as BMW, Audi, Mercedes, Lexus, Land Rover or Volkswagen, we should be able to offer you an even better deal!
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 Car Finance has become one of the best ways to purchase your new or used Audi. PCP Car Finance allows you to purchase any Audi of your choice, at an affordable fixed monthly cost,
If you prefer, why not drop us the details of the used Audi you are interested in, together with reg, mileage and vehicle price and we will get back to you with our numbers, you wont be disappointed! Alternatively, give us a call on 01270 306000 and we can let you have figures over the phone
Alternatively, give us a call on 01270 306000 and we can let you have figures over the phone
The used car PCP Finance plan provides the opportunity of driving a higher specification vehicle at a reduced monthly oulay, unlike traditional methods of car finance, this is achieved by deferring a lump sum percentage of the vehicle price to the end of the contract, this lump sum is known as the guaranteed minimum future value [GMFV].
This GMFV is the key difference between PCP and traditional methods of car finance such as Hire Purchase or personal loan. The GMFV plus your deposit is deducted from the selling price of the vehicle and your monthly payments are based on the finance balance (plus interest on the balance and the GMFV). You payments are normally lower than traditional funding methods as you are essentially only financing the depreciation of the car.
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 Mercedes 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 Mercedes 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 Mercedes 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 will normally benefit from a slightly lower finance rate 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. 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 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 have strong residual values more suitable for this type of product as they make repayments far more affordable.
The final payment (RV) is calculated and set at the beginning of the lease purchase finance agreement but is not payable until the end of the agreement, there are realistically two options 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 re-financed again.
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If you're exploring used car finance, our super-prime panel and competitive rates make it easier to secure the right agreement for your next vehicle. Whether you're looking at petrol, diesel, hybrid or electric models, we help you compare options and choose a finance plan that fits your budget, mileage requirements and ownership preferences.
With clear explanations, transparent costs and over 18 years of experience, we make financing a high-quality used car straightforward from start to finish.
Used car PCP finance has become one of the most popular ways to fund a pre-owned vehicle. Instead of paying for the full value of the car, you only finance the portion that the vehicle is expected to depreciate over the term. This typically results in lower monthly payments compared to traditional hire purchase or personal loans.
Our panel of lenders offers flexible terms, competitive APRs and agreements suitable for thousands of used cars across the UK market. From Audi to Kia, from Renault to Volvo, PCP finance helps you stay in control while keeping your options open at the end of the contract.
A used car PCP agreement is designed to keep your payments lower by combining a flexible deposit, fixed monthly instalments and a Guaranteed Minimum Future Value (GMFV). Your payments are based on mileage, vehicle condition and projected resale value, giving you predictable costs throughout the term.
At the end of the contract, you can return the vehicle, part-exchange it for a new or used model, or pay the optional final payment to keep the car. This flexibility suits drivers who like changing vehicles regularly or who prefer lower monthly payments.
Every agreement is handled by FCA-regulated specialists who provide clear, personal support at every step.
With more than 18 years of trading history, we specialise in super-prime used car finance and PCP agreements for customers who want competitive rates without inflated commissions. We provide personal guidance, full transparency and access to multiple lenders so you can compare offers and choose the right contract for your needs.
Whether you are financing a first car, upgrading to a larger family vehicle, or switching to an electric or hybrid model, our experience ensures a smooth and efficient service from quote to completion.
Our lenders support finance for a wide range of vehicles, including hatchbacks, saloons, SUVs, vans and approved used cars from popular manufacturers. You can quickly search our finance options and request personalised offers based on vehicle price, credit profile, deposit and preferred mileage.
Whether you're comparing contract terms, evaluating monthly payments, or looking for specialist services for higher-value models, our team ensures your application is handled smoothly. We often help customers finance models from brands like Kia, Renault, Audi and BMW — whatever you drive, we’re here to help.
Every driver’s circumstances are different, which is why our personal service matters. We help you explore finance options, compare lender criteria, and understand how deposit size, term length and mileage impact your overall payments. This ensures you can make an informed choice when selecting a used car PCP agreement.
You can also request figures for any car you're considering — simply provide the registration, mileage and vehicle price, and we’ll calculate a tailored quote for you.
As a family-run, FCA-regulated broker, we’ve supported thousands of customers with competitive used car finance and PCP agreements. Our lenders provide some of the best rates available to super-prime applicants, and our approach is always focused on clarity, transparency and long-term trust.
With no inflated commissions and a team that has been trading for nearly two decades, you can feel confident that every quote is fair, accurate and tailored to your needs.
Ready to explore used car PCP finance? Request a quick quote and we’ll run the numbers for any used vehicle you’re considering. You’ll receive clear options, transparent costs and competitive offers based on your credit profile and chosen vehicle.
Submit your details online or call 01270 306000 — our team will be happy to help.
