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Finance your car - Guide

How to Finance a Car

If you’re a bit confused (or maybe completely baffled) by the various car finance options available, you’re certainly not alone. At JCT600, we offer 3 main types of finance to help you pay for a car in the way that works best for you. If you want to understand more about how these different options work, the guides below are a great place to start.

Read our car finance guides to understand more:

And if you’re still not sure what the best type of car finance would be for you, or what you can get for your monthly budget, our knowledgeable staff are here to help. Call your nearest car dealership with any questions, or find a car using our online search, with ‘monthly payment’ toggled on, to see what’s in your price range – the relevant phone number will appear next to each car listing.

Associated with

  • Ben Logo
  • Santander Logo
  • BVRLA Logo
  • MotoNovo Logo
  • Motor Ombudsman Logo
  • Top Track 100 Logo
  • Premia Solutions Logo
  • Solera CAP HPI Logo

Representative finance example: Personal Contract Purchase (PCP)

Representative APR%
9.90% APR 
First Payment
£249.71
46 Monthly
payments of
£249.71
Optional final
payment
£9,090.00
On the road
price
£20,000.00
Term of
agreement
48 months
Customer deposit
£4,000.00
Amount of credit
£16,000.00
Cost of credit
£4,826.37
Annual mileage
5,000
Excess mileage
8.4p
Total amount
payable
£24,836.37
Fixed rate of
interest
9.90%