Your finance options

When taking out finance to buy or lease a car, it is vital that you consider all the options to ensure that you find the best one for you. There is a wealth of information relating to all of the car finance options on our Car Finance Products page, from personal contract purchase through to mortgage top-up. We would recommend reading this before or after answering the following questions so that you understand the results.

Financing Your Car offers impartial information on all aspects of car finance. Our interactive tool has been designed to guide you through various car finance options. By answering questions related to your buying status, the age of the car you intend to purchase and your proposed length of ownership, Financing Your Car can help you to find the best finance options for your situation. This site has been designed to be an initial source of guidance; for some cases, such as Business Finance, the options can be more complex as the place of work may have finance provisions in place. Whatever your buying status, this tool will give you an idea of what is available but we always recommend speaking to your local showroom to find out what deals they offer. You can find your nearest SAF Approved Dealership by using our Dealer Directory.

car finance options

Are you a private buyer, business user or wanting to opt-out of company cars?

Private
Business
Opt-out

Do you want to source and run the cars yourself?

Business warning

Vehicle finance for business is a complex subject and the right finance plan will depend on many factors including business status, cash flow, other borrowings and tax planning.

We strongly advise you seek professional help from the business expert at your local car dealer or one of the specialist business vehicle finance providers.

The business car finance schemes described here are for initial guidance only.

Yes
No

Is your company offering extra salary compensation?

Yes
No

Are you buying a new, or nearly-new* car?

*(less than one year old and fewer than 12,000 miles on the clock)

Yes
No

Will you change the car regularly (every 2 or 3 years)?

Yes
No

Are you likely to keep the car for more than 2-3 years?

Yes
No

Would you like to own the car at the end of the agreement?

Yes
No

Do you want the option to own the car?

Yes
No

Do you want the option to buy the cars?

Yes
No

Do you want to take the risk on the residual value?

Yes
No

Do you want to own the car?

Yes
No

Will you change the car regularly (every 2 or 3 years)?

Yes
No

Finance options to consider

Hire purchase

Fixed rate monthly payments, quick to arrange

Personal Contract Purchase

Low monthly payments with easy options to change car

Personal Leasing

Fixed cost motoring with maintenance included

Outright Purchase

You own and run the cars yourself

Contract Hire

No risk, fixed price rental with or without maintenance

Hire Purchase / Lease Purchase

Fixed price rental with an option to buy

Contract Purchase

Fixed price rental with an agreed final purchase price

Reset finance suggestions

You can use our SAF Approved dealer directory to search for your nearest showroom.