Can I pay off my finance early?
How finance works at FOW
Car and van finance personal to you
Why finance with FOW?
Let's celebrate new car day in style
PCP Finance - is it for me?
Let's explore PCP finance at FOW
HP Finance - is it for me?
Let's explore HP finance at FOW
What do our customers say?
PCP or HP finance - what's right for you?
Let's find the best finance option for you
PCP finance
Personal Contract Purchase (PCP) finance is a great option if you like to change your car regularly. With flexible ownership options at its heart, PCP finance gives you the freedom to keep the car or secure a new deal.
We’ll guarantee the value of your new car, this is called a Guaranteed Future Value (GFV) or optional final payment. This value is based on your annual mileage and term (available from 18 months up to a maximum of 4 years).
Once you’ve made your final payment, you can refinance this GFV and keep the car, return it to the finance company or part exchange towards a new one. It’s that easy!
PCP is ideal if…
- You like to change your car regularly
- You want to keep your monthly payments low
- You enjoy having flexible ownership options
HP finance
Hire Purchase (HP) finance is a perfect solution if you enjoy the familiarity of a car. Monthly payments are fixed for the entire term of your agreement, once you’ve made your final payment the car is yours to keep.
With no optional final payment, you can keep the car and reduce your outgoings, or, if you fancy a change, you can use the car as a deposit towards a new one. You choose the term too - anywhere from 18 months to 5 years.
There are no mileage limits to worry about - and because you’ll own the car, if you decide to part exchange 100% of its value can be used as a deposit towards a new car.
HP is ideal if…
- You want to keep the car at the end of the agreement
- You don’t want to worry about mileage limits
- You want to use your car as part exchange towards a new one
Let's answer those questions
Car finance - it's easy with FOW
I have bad credit, can I still apply for finance?
Can I part exchange my old car?
Will my finance application affect my credit rating?
Can I transfer my existing finance to another car?
How do I apply for finance?
What do I need to apply for finance?
Group Finance Disclosure
We act on the lenders behalf when making this introduction. We are not an independent financial advisor and therefore, no advice or recommendation will be made. You must decide whether the finance product you choose is right for you.
We will earn a commission from the lenders we work with (either a fixed fee or a fixed percentage of the amount you borrow). The lenders we work with could pay commission at different rates. Some lenders may also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. For your reassurance, the amount of commission we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement. The lender will always set this.
Finance is subject to credit acceptance to UK residents aged 18 or over only. All finance is subject to status. Guarantees and indemnities may be required. Terms and conditions apply.