Finance Types
Find out the difference between the different finance types available.
Rates from 9.9% APR. Representative Example: Hire Purchase agreement, based on a vehicle with a cash price of £8,000.00, with £0 deposit, borrowing £8,000.00 over 5-years with a representative APR of 25.4% fixed, the amount payable would be £224.83 per month, with an option to purchase fee of £10.00, a total cost of credit of £5,489.80, and a total amount repayable of £13,489.80. Jigsaw Finance Limited t/a My Car Funder is a credit broker, not a lender.
We know it can be confusing to choose between the various finance options. That's why we're here to help you understand all the finance choices you have so you can make informed decisions.
This guide breaks down our different finance products and how they work. Keep in mind that the products offered are from a limited range provided by our panel of lenders, and not all options may fit your situation. Also, remember there are alternative finance sources like banks or other online platforms that you might want to explore.
Additional information can be obtained from organisations such as the Finance and Leasing Association www.FLA.org.uk or the Money Advice Service www.moneyadviceservice.org.uk
Hire Purchase Finance
Personal Contract Purchase Finance
Conditional Sale