Ford Finance

Learn more about each type of Ford finance below, including PCP, HP and PCH.

*If you choose to pay the final payment.

**Not all HP agreements will have a balloon payment.

Each type of Ford car finance works differently. Explore detailed information on each type below, including how they work and their main benefits.

Personal Contract Purchase, or PCP, is a popular type of car finance. You get a new Ford car with low monthly payments with the option to buy at the end. And you get to choose the loan term, your annual mileage and deposit amount.

How does Ford PCP work?

There’s an upfront deposit with monthly payments for the rest of your finance agreement. At the end, you can choose whether to give the car back or buy it by paying the balloon payment.

With PCP, you are actually paying for the loss in value of the car over the course of your finance agreement, rather than paying for the car’s actual monetary value. This means that you get fixed monthly payments that tend to be lower when compared to other finance types. You also don’t have to worry about depreciation either.

Why choose Ford PCP?

The main benefits of Ford PCP are low monthly payments, flexibility and the option to own.

Hire Purchase, or HP, is yet another popular type of car finance. You’re paying for the value of the car, so monthly payments are typically a bit higher compared to PCP. Even so, there’s an affordable option-to-buy fee at the end of your agreement, and you have no mileage cap.

How does Ford HP finance work?

Similarly to PCP, with HP you put down a deposit and then pay monthly payments. The main difference is that with HP you are paying for the car’s value and you own it at the end (if you pay the option-to-buy fee.)

Deposits are typically around 10% of the car’s value, with the rest of the price paid off monthly. Agreements usually last anywhere between one and five years, depending on how much you want to put down each month.

Why choose Ford HP?

You get no mileage cap, a small option to purchase fee and fixed rates with Ford HP.

Ford Personal Contract Hire is a lease agreement, getting you the keys to the latest cars with lower monthly payments with the choice of a new model every few years! You also have the option to include servicing and maintenance as part of your monthly payments to make your life easier.

How does Ford PCH work?

If you don’t want to own your Ford car, PCH is a cost-effective way of funding your vehicle. You pay monthly and get a brand new Ford car, and you can choose to include servicing and maintenance for peace of mind.

Once your PCH agreement is up, you hand back the car and can choose your next model. There is no option to own the car as you are leasing it.

Why choose Ford PCH?

With PCH you get the latest cars every few years with fixed, lower payments and the option to include maintenance.

For specialist help and support, come to Pentagon Ford. We have a team of friendly accredited finance experts who are here to guide you in any way you need. We can run through your finance options, explain the simple application process and talk you through exactly what you will pay.

All of our Ford finance offers are fixed-rate with low or no deposit needed and are super simple to set up.

Finance is subject to status. UK residents aged 18 or over. Guarantees and indemnities may be required. Pentagon Motor Group is a credit broker and not a lender and is authorised by the Financial Conduct Authority for credit-related regulated activities and insurance distribution activities, FRN680108. Pentagon Motor Group is paid a commission for introducing you to a finance lender. This can be calculated in a number of ways including by model, age, whether the vehicle is new or used and the amount you borrow. The amount we are paid will not affect the amount you pay under the finance agreement, all of which are set by the lender.