Archive: 2025 - November

PCP vs HP Finance Explained | Used Car Finance Options

14th Nov 2025

General

Discover the difference between PCP and HP finance when buying a used car. Learn which finance option suits you best with expert advice from cartime — available at our Bury, Rochdale, and Burnley showrooms.

VAT No. 132508147
FCA No. 661105

Car Time Motor Company UK Limited t/a Cartime is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486) and which is permitted to advise on and arrange general insurance contracts as an intermediary.

Car Time Motor Company UK Limited t/a Cartime is authorised and regulated by the Financial Conduct Authority for consumer credit activity and our registration number is 661105. Permitted activities include acting as a credit broker not a lender.

We can introduce you to a limited number of finance providers. We do not charge a fee for our Consumer Credit services. We do not act as a financial adviser, or fiduciary. We act in our own interest, whichever lender we introduce you to, we will typically receive commission from them based on either a fixed fee or a fixed percentage of the amount you borrow. Any and all commission amounts will be fully disclosed to you as part of your sales journey. You will be required to give your fully informed consent to our receipt of this commission. By doing this, you acknowledge that you understand our role as a credit broker, and that we will receive a financial incentive if you take out a loan from a lender that we introduce you to.

All finance applications are subject to status, terms and conditions apply, UK residents only, 18s or over, Guarantees may be required.

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