Hire Purchase

As the most straightforward form of vehicle financing, Hire Purchase lets you pay a deposit, select a term, and pay off the balance through fixed monthly repayments. At the end of the agreement, you will be the outright owner of the vehicle and free to do with it as you please.

Personal Contract Hire

A Personal Contract Hire agreement is essentially a long-term lease that provides the flexibility to return the vehicle at the end of the chosen term. You will be required to pay an initial deposit and choose the length of term you wish to lease the vehicle for.

Personal Contract Purchase

One of the most affordable forms of vehicle purchasing, a PCP agreement is flexible and comes with low monthly repayments. Simply pay an initial deposit and agree the Guaranteed Future Value of the vehicle at the end of the term. You then pay off the difference between the sale price and this guaranteed figure, with the option to return the vehicle, take out new financing, or buy the model outright at the end of the term. Discover more about choosing the right form of financing for you by discussing your options with a member of the Cawdor Cars team today.​