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Here at Lea Valley Motor Company, we pride ourselves on offering our customers complete finance solutions. We offer a range of tailored packages to suit our customer needs. 

Lea Valley Motor Company is a credit broker and not a lender.

Whichever lender we introduce you to, we will typically receive commission from them. The lenders we work with could pay commission at different rates. However, the amount of commission we receive from a lender does not have an effect on the amount you pay to that lender under your credit agreement. Please ask if you need further information.

Our finance options explained-


PCP (Personal Contract Purchase) finance schemes are relatively new and at first glance might seem a little complicated, but in reality they are quite simple and can be a wise way to buy your used car. To help you decide if a PCP is right for you we have listed and answered some of the more frequently asked questions.


What is a PCP?

PCP, or a Personal Contract Purchase, is fast becoming one of the most popular ways of financing the used car of your choice, simply due to its flexibility. You are able to choose the car, the deposit amount, and how long you want the contract to run for.  At the end of the contract you have a choice to either buy the car outright for an agreed lump sum (which is known as the GFV - Guaranteed Future Value), or hand the vehicle back to the lender and walk away with absolutely no further obligation.


Benefits of a PCP (Personal Contract Purchase)

  • Little or no initial deposit
  • Reduced monthly payments due to the deferred GFV
  • Fixed interest rates for the duration of the contract
  • No risk of negative equity – GFV guaranteed by lender
  • An option to own the car at the end of the contract – just pay the GFV


Hire Purchase Finance Explained

Hire Purchase (HP) is the traditional way to finance a car purchase. With no deposit necessary you pay off the entire price of the vehicle through a series of monthly payments. At the end of the contract period the vehicle becomes your property. The monthly payment is determined by the amount of deposit paid, the period of the contract and the sale price of the vehicle.