If you are interested in purchasing your next vehicle via a finance package or payment plan, it helps to know what each type of finance is. We have listed our main types of finance packages below so that you can have a better idea of the type of solution you want.

Personal Contract Purchase

This flexible plan lets you choose your deposit, contract length, and mileage, all for a fixed monthly payment. At the end, you can return the vehicle or buy it for an agreed amount. PCP Finance typically offers lower monthly payments than Hire Purchase.

Hire Purchase

Hire Purchase lets you pay for your vehicle over a term that suits you. Monthly payments depend on your deposit, contract length, and chosen monthly budget. At the end of the agreement, you simply own the vehicle outright with no further payments needed.

Contract Hire

Contract Hire is often chosen by businesses and offers a tailored agreement based on specific needs. You can set terms to suit fleet size, mileage, and budget. At the end of the contract, simply return the vehicles with no ownership costs or fees.

Baylis (Gloucester) Limited is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486) and which is permitted to advise on and arrange general insurance contracts.

Baylis (Gloucester) Limited is authorised and regulated by the Financial Conduct Authority (our registration number is 689288) and which is permitted to advise on and arrange consumer credit contracts and broker sourcing credit to assist with your purchase from a carefully selected panel of lenders. We may receive a fee for these introductions. A guarantor may be required, and all offers and credit subject to status, terms and conditions apply.