Calculator
Start with your budget, not the car. Enter what you can spend per month and we'll show you what that buys on PCP, HP, or a personal loan — with no hidden balloon surprises.
Total Amount Payable
£29,386.98
This is the total that leaves your account — deposit + all payments + balloon
Sorted by monthly payment — lowest first. But always check the total cost column.
Manufacturer Finance
Total Cost
£14,142
Total amount payable
Monthly
£152
36 months
APR
0%
Representative
Final Payment
£4,343
Optional balloon
Ownership
Settlement
Flexible
Manufacturer Finance
Total Cost
£19,454
Total amount payable
Monthly
£155
37 months
APR
7.9%
Representative
Final Payment
£9,674
Optional balloon
Ownership
Settlement
Flexible
Manufacturer Finance
Total Cost
£16,373
Total amount payable
Monthly
£156
36 months
APR
7.4%
Representative
Final Payment
£7,933
Optional balloon
Ownership
Settlement
Flexible
Manufacturer Finance
Total Cost
£20,004
Total amount payable
Monthly
£158
37 months
APR
5.9%
Representative
Final Payment
£9,798
Optional balloon
Ownership
Settlement
Flexible
Manufacturer Finance
Total Cost
£20,469
Total amount payable
Monthly
£159
36 months
APR
6.9%
Representative
Final Payment
£11,098
Optional balloon
Ownership
Settlement
Flexible
Manufacturer Finance
Total Cost
£20,793
Total amount payable
Monthly
£160
36 months
APR
0%
Representative
Final Payment
£10,878
Optional balloon
Ownership
Settlement
Flexible
"Can I afford the monthly payment?" is the wrong question. A better one: "Can I afford the total commitment, including what happens at the end?"
With PCP, a £250/month payment might be financing a £25,000 car with a £10,000 balloon at the end. You can "afford" the monthly — but can you afford the balloon? If not, you're locked into handing the car back or rolling into a new deal. That's not ownership, it's renting.
Under £200/month
Older used cars, smaller models. PCP on budget brands. Personal loans on £6,000–£8,000 cars.
Under £250/month
Mid-range used cars, new superminis on PCP. Good selection of HP deals under £15,000.
Under £300/month
New small SUVs on PCP, used family cars on HP. Bank loan sweet spot (£10,000–£20,000).
Under £400/month
New family SUVs, premium used cars. HP ownership on £20,000+ cars becomes viable.
Under £500/month
New premium models, larger SUVs. Most new cars on PCP. HP on £25,000+ cars.
Your monthly finance payment is only part of the cost. Before committing, add:
A £300/month finance payment often means £500–£600/month total running cost. Build the full picture before deciding.