Car finance calculator
Estimate monthly payments for HP or PCP-style car finance.
Estimate only. Actual car finance quotes depend on lender criteria, credit status, vehicle details, fees, mileage and product terms.
Estimated monthly payment
£0
- Total payable£0
- Total interest£0
- Final payment£0
Estimate HP and PCP payments
Kandoo's car finance calculator estimates monthly payments for hire purchase and PCP-style agreements. Enter the vehicle price, deposit, APR and term to compare the monthly cost.
How HP and PCP differ
With HP, the finance is usually repaid through monthly payments over the term. With PCP, a final payment is left at the end, which usually lowers the monthly payment but changes the total cost and end-of-agreement options.
Compare the full cost
Monthly payment is only one part of a car finance decision. Consider the deposit, interest, total payable, fees, mileage limits and whether a final payment applies.
What is HP car finance?
Hire purchase spreads the cost of the vehicle over a fixed term, usually with ownership transferring once all payments are made.
What is PCP car finance?
PCP usually has lower monthly payments because a final balloon payment is left at the end of the agreement.
Does this include all car finance fees?
No. It is an estimate and may not include documentation fees, option-to-purchase fees or lender-specific charges.