PetrolCalculator

Finance calculator

PCP vs HP Calculator

Compare PCP and HP payment structures with the same vehicle price, deposit, APR and term.

Estimate finance payments

Compare the same price, deposit, APR and term with a PCP final payment.

What your result means

This compares the same price, deposit, APR and term. PCP can have a lower monthly payment because a final payment remains due; HP has no PCP-style balloon in this model.

Worked example

The comparison defaults use an £8,000 PCP final payment.

What changes PCP
Final payment / balloon
What HP assumes
No final payment

Lower monthly payment does not by itself mean lower total cost.

How the comparison works

The comparison keeps one shared APR to isolate the effect of the PCP final payment. Real PCP and HP offers may use different APRs; this V1 does not model separate rates.

Assumptions and limitations

  • Results are estimates based on the values entered. Actual finance agreements may include fees, different interest calculations and other terms.
  • The comparison does not model mileage, condition, early settlement or lender-specific fees.

Helpful questions

Which option is cheaper?

The calculator reports the entered model only. PCP and HP can differ in both monthly and total structure; it does not recommend a product.

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