Go paper-free
Amend paper-free preferences for your statements and communications.
Personal Contract Purchase (PCP)
A flexible car finance choice with fixed monthly payments.
Log in to get a quote
Features and benefits
If you bank with Halifax, pay a deposit followed by monthly payments to drive away with your new car.
-
- Choose 1 to 4-year terms.
- No early repayment charges.
- Set your own yearly mileage limit.
- We send the money straight to your existing lender.
- Choose how much deposit you pay.
There are other terms, borrowing amounts and rates.
Paying a bigger deposit will lower your monthly repayments.
Excess mileage charges may apply if you exceed the agreed mileage limit and want to return the car. You can avoid this by choosing a realistic mileage when you apply.
If you decide to return the car and it's in good condition, you won't need to pay anything else.
Let's break it down
Get a quote for PCP
It takes minutes, without affecting your credit score. Your quote will be valid for 90 days, with no need to re-apply.
Let’s take a closer look
-
Before you apply, make sure you have the following information:
- Dealer's name and postcode.
- Car registration number.
- Current and expected yearly mileage.
- Total price and deposit amount.
- Your monthly income.
- Your mortgage or rent payments and regular spending.
- Existing car finance details, if you have any.
- The delivery date and full vehicle details, if you don’t know the registration, of any new car.
-
There’s some restrictions depending on the car’s make, model, age and mileage. As part of your quote, we’ll ask you to enter the details for the car you want to buy. You’ll get an immediate decision on if it’s possible to take car finance out.
If you’re looking to finance commercial vehicles, vans, motorcycles, caravans or motorhomes, a personal loan may be more suitable.
-
We don't offer a part exchange service, but you might be able to set up a part exchange directly with the dealership. If they agree, the final price for your new car will include this arrangement. We'll then pay the agreed amount to the dealership as usual.
-
We work with the majority of car dealerships in the United Kingdom. During your car finance application, you'll be able to search by location or post code for your car dealership.
If your car dealership doesn’t show in the list, don’t worry. We can usually update it within 24 hours with the details you give us.
We don't offer car finance for the following dealerships:
- Cazoo.
- Cinch.
- Motorpoint.
-
The car must be in your name, as the person applying for car finance will be the named registered keeper of the car. You’ll need to:
- have a valid driving licence permitting you to use the car
- be the main driver on your car insurance policy.
If you’d like someone else to use of your car, they'll need to:
- have a valid driving licence
- be a named driver on your car insurance policy.
-
We don’t offer a delivery service as part of our car finance. You might be able to arrange this directly with the dealership as part of the sale. Depending on the dealership, they may be able to offer you a contactless delivery service.
Explore your options
We want to make sure you know about our other car finance options. Here are some that might suit you.
You might also like
