Used Car Finance Available at Freewheel Autos
Looking for flexible used car finance? Freewheel Autos can help you explore finance options when purchasing your next prestige, performance or electric used car.
Based in Chorley, Lancashire, we offer finance across many of our used vehicles, helping you spread the cost of your next car through manageable monthly payments.
Whether you already know which car you want or are still exploring your options, browse our latest vehicles or speak to our team to get started.
Flexible Finance for Your Next Used Car
Financing a used car can make it easier to manage the cost of changing your vehicle by spreading payments over an agreed period.
At Freewheel Autos, eligible vehicles are available with finance options including Personal Contract Purchase (PCP) and Hire Purchase (HP). The right option will depend on the vehicle, your circumstances, and what you want from the agreement.
What Is PCP Car Finance?
Personal Contract Purchase (PCP) allows you to finance a vehicle through an initial deposit followed by fixed monthly payments over an agreed term.
Part of the vehicle’s value is deferred until the end of the agreement, which is known as the optional final payment.
At the end of the agreement, you will generally have three options:
- Keep the car by paying the optional final payment.
- Return the car, subject to the terms of your agreement, including its condition and agreed mileage.
- Change your car and explore another vehicle and finance agreement.
Your annual mileage is agreed when the finance agreement begins. It is important to select a realistic allowance, as excess mileage charges may apply if you exceed it.
What Is HP Car Finance?
Hire Purchase (HP) is a straightforward way to finance a used car by spreading its cost across fixed monthly payments.
You will usually pay an initial deposit followed by monthly payments over an agreed term. Unlike PCP, there is no large optional final payment because the agreement is structured around repaying the full financed value of the vehicle.
Once all required payments have been made, including any applicable option-to-purchase fee, ownership of the vehicle passes to you.
PCP vs HP What Is The Difference?
Both can help you spread the cost of buying a used car, but they work differently.
PCP can provide lower monthly repayments because part of the vehicle’s value is deferred to the end of the agreement. You then have options regarding what happens to the vehicle at the end.
HP spreads the financed cost across the agreement, with ownership passing to you once all required payments have been made.
The most suitable route will depend on your circumstances, the vehicle and what you want to do at the end of the agreement.
Want to Understand the Difference in More Detail?
Read our guide comparing PCP and HP car finance.
Finance a Used Electric Car
Thinking about making the move to electric? Finance is available on many of our used electric vehicles, helping you spread the cost of moving into a premium EV.
Freewheel Autos specialises in carefully selected prestige used electric cars, with independent AVILOO battery testing providing additional information about battery health and condition.
Whether you are considering a BMW, Audi, Mercedes-Benz, Porsche, Polestar, or another premium electric vehicle, explore our latest EV stock to find your next car.
Part Exchange and Car Finance
Already have a vehicle? Part exchanging your current car can provide a straightforward way to contribute towards your next purchase.
We can value your existing vehicle and, where appropriate, its value can be put towards your next car.
How To Get Started
- Find Your Car
Browse our latest prestige, performance and electric used cars and choose the vehicle that is right for you.
- Explore Your Finance Options
View the finance information available with the vehicle or speak to the Freewheel Autos team.
- Apply for Finance
Complete the relevant finance application. All applications are subject to status and lender approval.
- Collect Your Car
Once everything is approved and completed, arrange to collect your new car from Freewheel Autos in Chorley.
Used Car Finance in Chorley
Freewheel Autos is a specialist used car dealer based in Chorley, Lancashire, helping customers locally and from across the UK find and finance their next vehicle.
Visit us at Botany Bay Business Park to explore our latest stock, or start your search online and speak to our team about the finance options available on your chosen vehicle.
Find Your Next Car
Explore our latest used cars and find the vehicle that is right for you. Once you have found it, you can view the available finance information or speak to the Freewheel Autos team about the next steps.
Please contact us to find out more.
Email – sales@freewheel.autos
Telephone – 01257 650654