Cost4Car Logo

Comparing Your Car Finance Options Doesn't Have To Be Hard

Beyond the monthly payments, the real cost of a new car often lies hidden in the fine print of finance deals. Our platform is designed to demystify Hire Purchase (HP) and Personal Contract Purchase (PCP) options, allowing you to make a truly informed decision about your car purchase.

Car Outline

Compare Car Finance Deals Side-by-Side

Buying a car often means navigating the complex world of car finance, which can feel like a minefield of confusing terms and overwhelming numbers. With so many options available, it's easy to feel intimidated and wonder if you're truly getting the best deal. How can you be sure of the real cost of the agreement you're signing up for?

This is where Cost4Cars steps in. We're an independent platform designed to demystify car finance and empower you to make informed decisions. We provide clear, straightforward information, breaking down jargon and explaining everything you need to know. But we go a step further. Our user-friendly tools allow you to input the details of any car finance offer you've received. This means you can easily compare deals, play around with different scenarios, and get a precise understanding of what your new car will really cost you in the long run.

Deciding between the different car finance options like Personal Contract Purchase (PCP), Hire Purchase (HP), or a Lease (PCH) can be tricky. Each has its own advantages and disadvantages, and comparing them accurately to find the best fit for your budget and lifestyle can be a challenge.

That's why we've developed our comprehensive comparison tool, located just below. It integrates all our individual calculators into one seamless view. Simply enter the details of the offers you've received for PCP, HP, or PCH into our intuitive calculator. In an instant, you'll get a clear, side-by-side breakdown of the real costs for each option. This makes it incredibly easy to see exactly how each deal measures up, allowing you to make a confident and informed decision about your next car.

Loan Details

Increasing your deposit contribution or adjusting your loan term can get you better interest rates and will reduce the amount you have to borrow. Don't forget about savings you can make by trading in your current car, although note you might get more for your car in a private sale than just trading directly with the dealer.

Total Loan
Monthly Repayment
Total Interest
Total Repaid

Total Cost At End Of Loan

With Hire Purchase (HP), your true monthly cost includes both your loan payments and the car's depreciation (the value it loses). However, unlike Personal Contract Purchase (PCP), you own the car outright at the end of the loan, and it still holds value. Below, we'll show you the total monthly cost of owning the vehicle, factoring in both depreciation and loan expenses.

Total Cost At End Of Ownership

One way to analyze the true cost of a vehicle is to look at it's cost to you over a life time. With Hire Purchase (HP) you own the car at the end of the loan period so every year you own the vehicle can end up reducing the effective monthly cost that you are paying.

Cost Per Month (Lifetime)

Compare Finance Option

Our goal at cost4cars is to help you make a decision about which finance options work best for you. If you are trying to figure out your best option between the different finance choices, then fill in the proposed finance details in the form above and you can get an understanding of the true costs of each choice side by side.

Hire Purchase Cost
Cost Per Month
PCP Cost
Cost Per Month
Lease Cost
Cost Per Month