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
Our aim is to secure a suitable finance agreement for you that enables you to achieve your financial objectives. You are not obliged to accept our offer, and we do not charge a fee for our services. If you purchase a vehicle, in the majority of cases, we will receive a commission from your lender for introducing you to them which is either a fixed fee or a fixed percentage of the amount that you borrow. Different lenders pay different commissions for such introductions and any such amounts paid to us will not affect the amounts you pay under your finance agreement; however, you will be contributing towards the commission paid to us with the interest collected on your repayments. Before we propose you to a potential lender, we will inform you of the likely amount of commission we will receive and seek your consent to receive this commission. The exact amount of commission that we will receive will be confirmed prior to you signing your finance agreement. All finance applications are subject to status, terms and conditions apply, UK residents only, 18s or over. Guarantees may be required.