Personal Contract Purchase (PCP) finance

Yes, we do! Once you’ve found your Cazoo car, simply click ‘View finance options’ on the car details page and you’ll be taken to our car finance calculator. You’ll get an instant estimate of your monthly costs for a PCP agreement.

If you're looking for a car on an HP plan, you can use our HP finance calculator before you get started.

When you apply for a PCP agreement, a hard credit check is completed to help the lender make a decision on your finance application. This type of check will be visible to other lenders and can have an impact on your credit score. New finance agreements are subject to status. 

Before you apply, you can see how likely you are to be accepted with our car finance checker. We only carry out a soft credit check so there’s no risk to your credit rating.

There may be extra charges if you go over your agreed maximum mileage.

When you apply for PCP finance you’ll need to estimate your annual mileage. It’s important your estimate is as accurate as possible as you’ll be charged per mile over the agreed maximum mileage.

Normal wear and tear based on your agreed maximum mileage is expected, but you may also be asked to pay for any additional damage to the car.

You have the right to end your PCP agreement at any time by paying off your outstanding finance. This is known as settling your finance agreement.

If you’d like to settle your agreement early, you’ll need to contact the lender to receive a settlement letter confirming what you still owe (your settlement amount). This won’t include any remaining interest that you would have paid if you carried on with your agreement. This is known as an interest rebate. The amount of interest that you get back depends on where you are in the agreement.

Yes, you can. If you want to do this, it’s known as exercising your voluntary termination rights.

You'll need to make any remaining payments that are due up to this point. If the amount you’ve already paid for the car (including the deposit) is less than half the total amount payable, then you’ll need to make an additional payment to pay off the difference.

There may be extra charges if the car isn't in good mechanical and cosmetic condition and is outside of reasonable wear and tear, or if you’ve exceeded the agreed maximum mileage allowance.

If you haven't paid half of the outstanding amount and you’re experiencing financial hardship at any point during your agreement, some lenders may offer financial assistance.