Search News New car finance options There are several new car finance deals available for customers looking to purchase a new vehicle from UK Car Discount this spring. Personal contract purchase (PCP) plans allow you to pay an initial deposit for a car and then follow up by making monthly repayments for it for a period of up to five years. A guaranteed minimum future value (GMPFV) is set for the car based on the repayment method and set mileage agreed upon. When the period is completed, you can pay the GMPFV and keep the car. Another new car finance deal is hire purchase agreements. Arguably the most straightforward option, this allows you to pay a deposit and then a fixed payment for up to five years. Latest New Car Deals With Finance Options Request A New Car Quote Now At the end of the period, the car transfers ownership from the UK Car Discount to the customer, providing the car is in good condition. If neither of these new car finance deals suit, then there is the option of lease purchasing a vehicle. Lease purchasing is similar to personal contract purchase (PCP) and is usually carried out through a car leasing company. Some lease purchase deals allow you to hire the car on a long-term basis, after which the car can be handed back or bought. So whether it is a personal contract purchase, a hire purchase or a lease purchase plan you are after, there is a new car finance deal that UK Car Discount can offer you. 14th February 2006