Car finance is a general term for various ways to purchase a car without paying the entire amount upfront. It helps make car ownership more manageable by allowing you to spread the cost over monthly payments across several years.
HP finance allows you to spread the cost of your car purchase by making monthly payments over an agreed term. It could be right for you if you want to buy the car at the end of the agreement, without making a large final payment
With PCP finance, you make equal monthly payments over an agreed term. At the end of the agreement, you can decide to hand the car back to the lender, change it for another one or buy the car with an ‘optional final payment'.