Car Finance Explained: What Options Do You Have?

Understanding car finance doesn’t have to be confusing. In this video, I break down the basics of car finance so you can confidently understand how car loans work, interest rates, APR, monthly payments, PCP vs HP, leasing vs buying, deposits, balloon payments and credit scores. Whether you’re buying your first car, financing a used or new vehicle, or considering an electric car or Tesla, this guide will help you avoid common car finance mistakes, save money, and make smarter decisions before signing any auto finance agreement.

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Chapters:
00:00 - Intro
00:25 - The 6 Ways to Buy
01:17 - Cash
01:33 - Bank Loan
04:53 - Hire Purchase (HP)
06:55 - Personal Contract Purchase (PCP)
11:10 - Personal Contract Hire (PCH) / Leasing
14:16 - Summing Up

Видео Car Finance Explained: What Options Do You Have? канала Chris Hannibal