FINANCE & PCP - Available at Sandy Thain

Sandy Thain Car Sales offer you a wide array of funding options to make buying your next car as affordable as possible.

We work closely with some of the biggest names to ensure you get the best possible deal.

Sandy Thain Car Sales provide a wide range of finance facilities which are described below and fully integrated into our web site.

From the comfort of your own home you can view all the available finance products for your next vehicle and generate your own personalised quotations

by changing the deposit, term and annual mileage.


We are confident that our products are suited to a wide range of finance needs.

Sandy Thain Car Sales Limited is an appointed representative of ITC Compliance Limited which is Authorised and regulated by the Financial Conduct Authority (their registration number is 313486). Permitted activities include advising on and arranging general insurance contracts and acting as a credit broker not a lender. We can introduce you to a limited number of finance providers and may receive a commission from them for the introduction. All finance applications are subject to status, terms & conditions apply, UK residents only, 18s or over, Guarantees may be required.

Below is an explanation of PCP & HP.


A Personal Contract Purchase (PCP) plan will enable you to purchase your next car with lower monthly repayments. The way this is achieved is by deferring an amount of the total cost of the vehicle to the end of the contract.

This amount is known as the Guaranteed Future Value (GFV). The Guaranteed Future Value plus your deposit is subtracted from the cash price of the vehicle and your monthly payments are based on the balance (plus interest on the balance and the GFV). By only repaying the difference between the cash price and the optional balloon payment you are only financing the depreciation of the car.

At the end of the contract you have four options: You can return the vehicle to the finance company. As long as you have not exceeded the agreed mileage, you will have nothing more to pay. If you want to keep the vehicle, you can simply pay off or refinance the outstanding balloon payment.

You can come back to us and part exchange your vehicle for a new one. If the trade-in value is greater than the GFV, the difference can be used towards a deposit on the next agreement. You can sell the vehicle privately and keep any profit over and above the GFV.


Hire Purchase (HP) is very similar to borrowing a sum of money from a bank and paying it back over a fixed period of time, with interest.

Hire Purchase is a type of secured loan which are often preferred over alternative (unsecured) loans because they allow a greater borrowing limit. The term "secured loan" means exactly that, a loan that the lender can secure against an asset (in this case, the vehicle).

HP gives you additional rights over those of a personal loan and is only available through dealers that have passed the stringent approval process of the finance companies