Group News - October 2022

PCP vs. HP

PCP vs. HP
17Posted: 17th Oct 2022

If you’re planning on purchasing a new or used car on finance, it can be challenging to know which is the best option. At Pentagon, we offer a wide range of tailored finance solutions, including flexible PCP and HP deals. Below, we explore the main differences between Personal Contract Purchase (PCP) and Hire Purchase (HP). Additionally, if you have any questions about our finance products, our team are available to guide you through the process. Read on below for a direct comparison of PCP vs. HP.

Electric Car Finance
13Posted: 13th Oct 2022

Electric Car Finance

Are you looking to buy an electric car on finance? We understand that finance can be confusing, especially when exploring the world of EVs. However, there’s a variety of electric car finance available, including flexible options such as PCP, HP and leasing. But, how do you know which is right for you?  Below, our guide delves into the details of electric car finance. Alternatively, if you have any further questi...

Electric Car Servicing Guide
3Posted: 3rd Oct 2022

Electric Car Servicing Guide

One of the many benefits of driving an electric car is cheaper maintenance costs. This is because there are fewer moving parts compared to a conventional combustion engine. However, EVs, like any other vehicle, require regular servicing to ensure they run efficiently. Below, we guide you through what to expect with an electric car service. If your car is due for its service, visit your local Pentagon service centre...

Representative Finance Example
APR Representative 13.9%
Cash Price £5,995
Deposit £0
1st Monthly Payment £136.55
58 Monthly Payment £136.55
Final Monthly Payment £146.55
Amount of Credit £5,995
Total Amount Payable £8,203.00
Total Charge for Credit £2,198
Duration 60 Months

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