Car Finance Deals & Offers

Car Finance Deals & Offers

Why finance your car through Dick Lovett?

Finance deals from Dick Lovett

Dick Lovett offers the perfect combination of quality and value with a wide range of car finance deals and special offers to make buying your next new or approved used car as easy as possible.

We have car finance plans for BMW, MINI, Jaguar, Land Rover, BMW Motorrad and Aston Martin. Whatever your needs and budget, we have a great deal to help you finance your car. We offer Personal Contract Purchase (PCP), Hire Purchase (HP), Personal Contract Hire (PCH), salary sacrifice and other types of car finance, so you can drive away in your dream car – or ride off on your perfect motorcycle.

There are also car finance deals for personal and business vehicle leasing, with payment plans to spread the repayments and further savings available on our special aftersales, servicing and parts offers. All of our current car finance deals and offers can be explored online today and further details are available by contacting your nearest dealership.

We also offer fixed payments and representative APR on various makes and models to help with budgeting for servicing costs including 0% APR Finance for BMW and MINI when you spend over £250 on Servicing, repair, bodyshop work and parts & accessories*.

Car Finance Payment Options

If you’ve found the next car you want to buy, but aren’t sure on how to pay for it, you might need some help with the various car finance options available. Whether this is your first time buying a vehicle on car finance, or you’ve financed a car before but could benefit from a refresher on the latest types of car finance deals available, we’ve compiled a summary of the most popular options here.

The jargon and acronyms surrounding car finance payments and plans might be confusing. What’s the difference between PCP, HP and PCH, for example? What’s the best way to finance a car if you want to pay lower amounts every month? What car finance deals mean you own the vehicle at the end of the agreement?

When buying a car on finance, you typically have three main options: PCP, HP and PCH. To help you decide which option is right for you, we’ve summarised the key points below of each finance type. We’ve also explained three other types of car finance agreements that are often available: 0% Car Finance, Business Contract Hire and Lease Purchase.

Finance options explained

Personal Contract Purchase (PCP)

With a Personal Contract Purchase, you can swap your car at intervals between 24 and 48 months.

This method of car finance is perfect if you are looking to have a new car every few years and don’t want to worry about your car depreciating in value. The Guaranteed Minimum Future Value ensures that the price you agree at the start of your PCP deal will be the minimum price given when you hand your car back at the end of the agreement. 

What happens at the end of the PCP?

When you reach the end of your Personal Contract Purchase agreement, you have three choices; part exchange your vehicle for another car, keep the car and pay the final payment, or hand it back to the finance company with nothing further to pay (subject to the mileage being within the agreed limit and the car being in good condition). If you prefer to keep the car, you may be able to discuss refinancing the optional final payment.

Steps to take out a PCP agreement

  1. Pick out your favourite vehicle from our stock of new cars, or used cars
  2. Contact our finance specialists at Dick Lovett to discuss details of our PCP agreements, including size of deposit, monthly repayment schedule and end-of-term balloon payment
  3. Contact our dealerships by email, telephone or in person to collect your new car and drive away happy

Read more about Personal Contract Purchase finance plans heRE

Find your nearest Dick Lovett dealership. We have over 20 brand locations, including BMW, BMW Motorrad, MINI, Land Rover, Jaguar, Aston Martin, Porsche and Ferrari, across the South West of England and Wales.

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Terms and conditions

*All loans are subject to status and affordability checks including use of credit reference agency data. You must be 18 or over to apply. Finance agreement and full terms and conditions are available on application. Finance provided by Payment Assist Ltd. Payment Assist Ltd is authorised and regulated by the Financial Conduct Authority and entered on the Financial Services Register under firm registration number 622544. You must have a valid UK based debit card to be accepted by Payment Assist for finance. Credit cards and certain debit cards are not allowed, these include prepaid debit cards and cards that do not allow continuous payments to be set up. 1 to 6 month interest free credit options available on purchases over £250.