OMC Ford Finance

At OMC Ford we offer a wide range of finance options to suit our customers and aim to help every customer drive away in their ideal Ford vehicle. We aim to understand your needs as thoroughly as possible and will then tailor our finance options to suit your specific requirements.

With a range of advantages such as lower monthly payments and a shorter term than that of personal loans, our finance packages add security and ease in purchasing your vehicle. Our finance options are intended to remove any additional hassle when purchasing a vehicle and make the process as smooth and convenient as possible.

The finance plans available include Hire Purchase, Personal Contract Purchase and Contract Hire. We can also tailor finance packages to suit your needs, with features such as no deposit and Optional Final Payments. Our finance options are suited to individuals and businesses.

We have flexible finance deals to suit all budgets. The vehicle finance options offered by OMC Ford help you to own your ideal car sooner and at a smaller cost than you may expect.

Please speak to an experienced adviser or enquire with our dealership nearest to you to find out more about our superb vehicles and your finance choices. If you have any queries or require a quotation, then please do not hesitate to contact us.

What is Personal Contract Purchase (PCP)?

Personal Contract Purchase (PCP) is a finance product that allows you the opportunity to buy a new or a used car.

It is similar to a Hire Purchase agreement where you can pay an initial deposit, followed by monthly instalments over a term typically between 18 to 48 months.

The ability to to include an Optional Final Payment means your monthly cost is lower when compared to a Ford Acquire agreement with the same term and deposit.


How does PCP actually work?

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When you have chosen your vehicle, you will then agree your annual mileage and decide on the agreement term with one of our Business Managers.

We will then determine the Optional Final Payment of the vehicle at the end of the agreement and work out a deposit and monthly amount that works for you.

At the end of your agreement you will then have three options:

Renew – Choose another car

Your chance to drive another new Ford Car. You can trade your old car in or sell it privately. Once you’ve fully settled your account (including the Optional Final Payment) any money left may be used as deposit for your new Ford Car.

Return – Hand the car back.

Assuming all monthly payments have been made, you’ll have nothing further to pay, providing the car is in good condition and the agreed mileage hasn’t been exceeded.

RetainKeep the car

If you decide to keep the car, assuming all monthly payments have been made, you just need to pay the Optional Final Payment plus the purchase fee and it’s yours to drive away.


For a quotation, help, or advice contact us and ask to speak to one of our Business Managers

What are the advantages of PCP?

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  • Monthly payments on a car financed by PCP are usually lower than if your car is financed by a Hire Purchase agreement.
  • If you decide not to buy the car, you can simply walk away when you've made all the payments.
  • Similar to PCH, you can drive away a new or used car every few years (dependent on the chosen term) without worrying about selling it on.
  • If your car is worth more than the Optional Final Payment then you can use that equity towards a deposit on a new car. 

What should you consider when opting for a PCP?

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  • If you want to buy the car you will need to pay your Optional Final Payment.
  • Similar to PCH, you will need to agree on a mileage allowance at the beginning of your contract and there may be excess mileage charges if you exceed this.
  • You won’t be able to sell the car without settling the finance.
  • You won’t own the car until you have made all of your repayments.
  • You’ll need to keep the car properly insured, maintained and in your possession until the full value is paid off.

Can I settle my PCP agreement early?

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  • You can normally settle your agreement early by asking the finance company to provide you with a settlement figure.
  • You can settle your account partially or in full at any time during the term of your agreement.
  • On the other hand, you may find that during the course of your agreement your car is worth more than the Outstanding Finance Amount, which means you will have some positive equity which can be used as deposit to contribute towards your next car.

What is Hire Purchase (HP)?

Hire Purchase is a way to finance buying a new or used car. You will normally pay an initial deposit and will pay off the entire value of the car in monthly instalments. When all the payments are made, the Hire Purchase agreement ends, and you own the car outright.

What are the advantages of HP?

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  • The flexibility to choose a deposit and term to suit your individual needs.
  • Unlike a PCP or PCH contract, you won't need to estimate your mileage at the start of your Hire Purchase agreement.
  • Once you’ve made your final monthly payment, including the option to purchase fee, you'll have full ownership of the car.

What should you consider when opting for HP?

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  • Monthly payments may be higher than some other finance options, such as PCP, as you're paying off the full value of the car.
  • You won’t be able to sell the car without settling the finance.
  • You won’t own the car until you have made all of your repayments.
  • You’ll need to keep the car properly insured, maintained and in your possession until the full value is paid off.

Can I settle my HP agreement early?

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  • You can normally settle your agreement early by asking the finance company to provide you with a settlement figure.
  • You can settle your account partially or in full at any time during the term of your agreement.
  • On the other hand, you may find that during the course of your agreement your car is worth more than the Outstanding Finance Amount, which means you will have some positive equity which can be used as deposit to contribute towards your next car.


Free & Fast Free Valuation When selling or part-exchanging, it is essential to know what your vehicle is worth in order to get the best price.