Why Choose Eden Motor Group News Home New Cars Used Cars Offers Service Electric Motability More MY ACCOUNT Back You are here: Homepage > Finance Funding solutions explained Search vehicles by monthly payment Below we outline the finance products available to you to fund your new car purchase. Our team are available to assist with any questions, whether up front or throughout the journey should you wish to purchase online. TAILOR YOUR FINANCE Finance Options at Eden Motor Group When the time comes to invest in a new car or upgrade your existing model, it’s not uncommon for you to need to purchase through vehicle financing, spreading the cost of your purchase over an agreed period of time for fixed monthly repayments. At Eden Motor Group, we’re delighted to be able to provide you with financing options that make purchasing as affordable as can be, with both Hire Purchase and Personal Contract Purchase schemes available. Our sales experts will be able to provide you with all the details relating to the purchase options and provide you with competitive quotations. Speak to a member of the team today for further details and to discuss the perfect purchasing scheme for you. What is Personal Contract Purchase (PCP)? An alternative option for buying is Personal Contract Purchase, or PCP. Like Hire Purchase, you will pay a deposit followed by fixed monthly payments over an agreed term. However, you will only be paying off the depreciation in value of the vehicle. At the end of the contract, you will be able to pay an optional final payment to become the full owner, or simply hand back the vehicle with nothing more to pay. PCP payments are thus often lower than those available through Hire Purchase schemes. How does PCP actually work? What are the advantages of PCP? What should you consider when option for a PCP? Can I settle my PCP agreement early? What is Hire Purchase (HP)? Hire Purchase is arguably the most straightforward vehicle financing scheme. After selecting your car, you will be able to agree to a level of deposit (including any part exchange vehicles) that should be paid. Our sales team will then run through a few questions and provide you with a quotation for monthly repayments over a set period of time (up to 60 months). These payments will pay off the remaining balance of the vehicle and, at the end of the term, you will be the overall owner of the model. What are the advantages of HP? What should you consider when opting for HP? Can I settle my HP agreement early? Eden Motor Group Media Channels Established in 2008, we strive to create a better world of motoring and provide our customers with an unparalleled level of customer service. Buy your next vehicle online today from the comfort of your own sofa. > Get Started Today! Quick Links Electric and Hybrid Vehicles New Vehicles Used Vehicles Service About Us Contact Us New & Used Cars Vauxhall Hyundai Mazda Peugeot Fiat Suzuki MG Service Centres Vauxhall Hyundai Mazda Peugeot MG Fiat Honda Chevrolet Alfa-romeo Suzuki Get In Touch Contact Us Our Locations Feedback Privacy Notice & Cookie Policy Terms & Conditions Group Tax Strategy Sitemap Rejections & Refunds Modern Slavery Statement Gender Pay Gap Report Data Preferences Barton Hill Road, Torquay, United Kingdom, TQ2 8JG Reg Office: Eden Motor Retail & Eden Automotive Ltd, 38-40 Portman Road, Reading, Berkshire, RG30 1JG Reg. Company Number: 3198046 / 6256143 VAT Reg. No. GB 230 6678 11 Financial Disclosure Eden Automotive Ltd/Eden Motor Retail Ltd is a credit broker not a lender. We work with a number of carefully selected lenders who may be able to offer you finance for your purchase. The lender may pay us a commission for arranging finance for you, upon request we can disclose these details to you. The lender will require a credit check and conduct an affordability assessment before making any offer of finance to you. All finance is subject to status. Terms and conditions apply. FCA number: 305868/471208. NetDirector ® - Automotive Ecommerce change cookie settings This site uses cookies and related technologies for site operation, analytics and third party advertising purposes as described in our Privacy and Data Processing Policy. You may choose to consent to our use of these technologies, or further manage your preferences. To opt-out of sharing with third parties information related to these technologies, select "Manage Settings" or submit a Do Not Sell My Personal Information request. MANAGE SETTINGS ACCEPT RECOMMENDED Chat Chat