Some charges may apply for general or default administration, click here to see our Tariff of Charges.

HP

Hire Purchase

HP lets you spread the cost of your vehicle, plus any interest and the option to purchase fee at the end, by paying fixed monthly repayments over 12 to 60 months to suit your budget. No minimum deposit is required, so you can choose to either finance the vehicle entirely, or put down a deposit to reduce the monthly payments.

When you have paid off the finance agreement, and settled the option to purchase fee, the vehicle becomes yours.

PCP

Personal Contract Purchase

PCP lets you spread the cost of your vehicle by paying fixed monthly repayments over 36 to 48 months to suit your budget. At the end of your finance agreement, you pay a final balloon payment which makes the monthly repayments lower than on a HP agreement. No minimum deposit is required, so you can choose to either finance the vehicle entirely, or put down a deposit to reduce the monthly payments.

At the end of your agreement, you have 3 options: retain, return or replace the vehicle. 

MotoNovo Commercial

Helping you drive your businesses forward, take a look at our MotoNovo Commercial offering suitable for business customers. 

Remember:

  • Finance is subject to affordability checks and is only available to UK residents aged 18 and over.
  • If you don't keep up with your repayments, the vehicle may be repossessed.