Finance Explained

If you're new to the world of car finance, we appreciate it can seem daunting and confusing.

The advantage of using Prestige Cars Kent is that we aren't limited to one finance lender - we'll search the market so you get the best car finance to suit your requirements.

Above all, being registered with the Financial Conduct Authority means you can be sure that we're transparent and ethical.

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What is Car Finance?
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What is PCP finance?

With PCP finance, you pay an initial deposit, followed by monthly instalments, but a large portion of the loan is deferred until the end of the agreement. You can pay that final sum to own the car, hand it back or start another agreement.

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What's HP finance?

With HP, you pay a deposit up front, and then pay off the rest of the balance – plus the interest - in equal monthly instalments. You’ll pay an ‘option to purchase’ fee, then the car is yours at the end of the agreement.

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What's Lease Purchase finance?

While Lease Purchase shares similarities with Hire Purchase, it offers lower monthly payments on average due to a final balloon payment.

However, unlike Hire Purchase or Personal Contract Purchase (PCP), there's no option to return the item at the end. This means you'll need to settle the final balloon payment in full, either with cash or another financing arrangement.

Car Finance FAQs

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Best on Quality

Our in-house prep centre guarantees quality with a 175-Point check on every vehicle.

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Best on Price

We re-price our 250+ cars daily against the market to ensure they remain great value.

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Best on Finance

With access to multiple lenders, we’ll help you find finance that best suits your needs.