Terms and Conditions
Used Car Payment Search
Results are displayed using a personal contract plan or PCP agreement over a maximum term of 48 months. Some cars will show a reduced term due to the lending criteria of the funder. Please select your deposit and maximum monthly payment. The mileage selected is for the for each calendar year of the term selected, please see the full representative example for details where you will be able to amend deposit, mileage and term to suit your requirements. At the end of the term, you can choose to: 1. Renew the vehicle, using any positive cash difference between the vehicles market value and the Optional Final Payment as the deposit into your next vehicle. 2. Retain the vehicle by paying the Optional Final Payment, 3. Return the vehicle (T&Cs apply). Please contact a member of our sales team for further details.
Optional Final Payment
At the start of your agreement, the optional final payment is set based upon your chosen mileage band. This determines the minimum value of your car at the end of your agreement. This value is set in stone meaning that at the end of your agreement, you have the option to buy the vehicle for that value. The benefit of an optional final payment means you can benefit from lower repayments compared to a traditional hire-purchase plan of the same length. The value is guaranteed so gives you protection against any unexpected fall in used car prices. You can choose to return the car to the finance company at the end of the agreement so long as; the vehicle meets their fair wear and tear standards, is within the agreed mileage and your account is up to date. If you choose to renew or retain your vehicle at the end of the agreement, you'll need to pay the optional final payment plus the purchase fee.
Finance Facility & Purchase Fees
*Finance Facility Fee is payable with the first instalment.
**Purchase Fee is payable with final instalment, or optional final payment if you wish to own the vehicle at the end of the agreement. Further charges may be made subject to the condition of the vehicle, if the vehicle is returned at the end of the finance agreement.
0% Finance Offer
† 0% APR finance available on selected Used cars in group stock. Minimum 50% customer deposit. Maximum 36 month term. Subject to credit approval. 0% finance quotes only available directly from a member of the team. Please visit or contact us directly.
Annual Mileage Agreement
Annual mileage is agreed depending on your individual requirements at the start of the finance agreement. It allows an optional final payment to the vehicle and thereby, where applicable, calculate the monthly repayments.
Pye Motors Ltd accepts no responsibility for the accuracy of vehicle data, and although we have made every effort to ensure that the information provided on our website is accurate, errors can sometimes occur.