PCP Balloon Payment Refinance - Keep your existing car!

If your car is on a PCP finance agreement you may not know that you can simply refinance the balloon payment to carry on using it.

With used car prices going through the roof recently it can make more sense to refinance your balloon payment and keep the car, as it's unlikely you'll get the same car for the same money if you were to buy it again from a dealer in the general market.

You may be under the impression you have to either hand the car back or part exchange it for another. We have a simple solution that will enable you to refinance the balloon payment when it's due so that you can carry on enjoying the car you've spent the last few years servicing and looking after.

As a credit broker (not a lender) we can look to refinance your PCP balloon payment in either your company name or your own name personally, as we have banks and lenders for each case.

We have a PCP Balloon Payment Refinance Calculator so that you can get an indication of payments depending upon how much your balloon payment is and your anticipated credit score.

We've also been able to refinance PCP balloon payments where other lenders haven't been able to. Finance is subject to status.

All we will need is your registration number, the current mileage and your settlement figure (confirmed with a settlement letter from your existing lender). We'll take care of the rest for you.

We have an online PCP balloon payment refinance application form to make things even easier. It's a really simple process and we'll guide you through it step by step.

We're here to help, so feel free to contact us too!

Rates from just 9.9% APR.
(The exact rate you will be offered will be based on your individual circumstances)

Representative APR 17.2%.

Representative example:

Borrowing £11,000 over 4 years with a representative APR of 17.2%, an annual interest rate of 17.2% (Fixed) and a deposit of £0.00, the amount payable would be £311.61 per month, with a total cost of credit of £3957.28 and a total amount payable of £14957.28.

Rates may differ as they are dependent on individual circumstances, the lender you are approved with and the vehicle/equipment purchased.

(Click here to find out what a Representative APR & example is)

Finance is subject to status.

Warning: Late payment may impact your credit file and the lender may reclaim the vehicle or equipment financed prior to the end of the term of the agreement.

Company Information
Proactive Vehicle Finance is a trading name of Proactive Vehicle & Equipment Finance Ltd, registered in England & Wales under company number 12688016. Registered office address: Whitfield Business Hub, 184-200 Pensby Road, Heswall, Wirral, CH60 7RJ. Proactive Vehicle & Equipment Finance Ltd is authorised and regulated by the Financial Conduct Authority under FRN 930768. You can check our registration via their website: https://register.fca.org.uk/ We are registered with the Information Commissioner's Office under ICO registration ZA787680 and our VAT registration number is GB362252907

We are a credit broker not a lender and can introduce you to a select number of finance providers who may be able to offer you a credit facility for your purchase. We will only introduce you to these lenders and we will receive a commission from the lender, calculated either as a percentage of the balance financed or a fixed amount, if you decide to enter into an agreement with them. The commission we receive from the lender will not impact the amount that our retail customers/consumers pay under an agreement but may impact the amount that our corporate customers pay under an agreement we arrange.
Finance is subject to status, terms & conditions and you must be a UK resident aged 18 or over in order to apply. Guarantees and indemnities may be required.
All calls are recorded for training and quality purposes.