- Return the vehicle: No additional payment
- Part exchange: Use equity for next vehicle
- Purchase: Pay balloon payment of £0
UK Auto Loan Calculator
Calculate your car loan repayments with UK-specific features
UK Car Finance Calculator
UK Car Finance Features
- FCA Compliant: Financial Conduct Authority regulations
- Representative APR: As required by UK law
- Multiple Finance Types: HP, PCP, Personal Loan
- Part Exchange: Value your current vehicle
- Balloon Payments: PCP end-of-term options
- Mileage Allowance: PCP annual mileage limits
- Early Settlement: Calculate settlement figures
UK Finance Types
- Hire Purchase (HP): Own the car at the end
- Personal Contract Purchase (PCP): Flexible end options
- Personal Loan: Borrow from bank/lender
Important UK Regulations
- Representative APR must be shown
- 14-day cooling-off period
- Right to settle early
- Part exchange affects VAT
- Mileage limits on PCP
UK Car Finance Calculator: Your Guide to Car Loans & PCP
Understanding Car Finance in the UK
Car finance in the UK includes a range of options such as Hire Purchase (HP), Personal Contract Purchase (PCP), and personal loans. Our UK Car Finance Calculator helps you estimate monthly payments, total interest, and balloon payments for all major finance types.
Key Features of UK Car Finance
- PCP & HP: Popular options with different end-of-term choices and payment structures.
- Balloon Payment: Final payment due at the end of a PCP or HP agreement.
- APR: Annual Percentage Rate includes all interest and fees.
- Deposit: Upfront payment to reduce your monthly costs.
- Extra Payments: See how overpayments can reduce your interest and term.
How to Use This Calculator
Enter your vehicle price, deposit, finance type, and loan details to get an accurate estimate of your repayments. The calculator factors in balloon payments, fees, and your trade-in value for a complete financial picture.
Tips for UK Car Buyers
- Compare APRs and total cost of credit from multiple lenders.
- Understand the terms of PCP, including mileage limits and balloon payments.
- Check for early repayment penalties or fees.
- Consider your long-term plans—do you want to own the car or change it regularly?
- Use extra payments to pay off your finance faster and save on interest.
Why Use Our Calculator?
- Accurate, up-to-date formulas for the UK
- Includes all major fees and finance types
- Helps you compare PCP, HP, and personal loans
- Free, no registration required
Important Information:
Disclaimer: This calculator is provided for general information only and does not consider your personal circumstances, credit history, or financial situation. It is not financial advice and we are not FCA-authorised. You should review your lender's Key Facts Illustration and seek independent professional advice before making any decisions.
* We are not a lender, credit provider, or financial advisor. This calculator is for informational purposes only and does not constitute financial advice. Rates, fees, and charges are subject to change. APR and fees vary by lender—check with your lender for current rates.
* We are not a lender, credit provider, or financial advisor. This calculator is for informational purposes only and does not constitute financial advice. Rates, fees, and charges are subject to change. APR and fees vary by lender—check with your lender for current rates.
Important: All figures are estimates based on information you provide. Actual finance terms, rates, and fees will vary by lender and individual credit profile.