Thanks for choosing to finance your vehicle with us!

We help thousands of people just like you finance their next set of wheels. Our finance solutions allow you to spread the cost of your car or motorcycle over a set period of time. You've chosen a Personal Contract Purchase agreement, so here's a reminder of what that means:

Personal Contract Purchase (PCP)

A PCP agreement uses the guaranteed future value (GFV) of the vehicle as a final balloon payment so you benefit from lower monthly repayments compared to Hire Purchase. You will have selected your expected annual mileage (between 6,000 – 28,000 for cars and 3,000 – 10,000 for motorcycles). At the end of your agreement, you have three options – retain, return or replace the vehicle:

  1. Retain: you keep the vehicle by paying the balloon and option to purchase fee at the end.
  2. Return: you hand the vehicle back to us, so you don’t pay the final balloon payment.
  3. Replace: you part exchange the vehicle at a dealership to get a new vehicle.


Download your Welcome Brochure below for answers to any questions you might have about your agreement. Don't forget, help and support is always available on our FAQs or MyMotoNovo app, but if you can’t find what you’re looking for, our Customer Services team are always happy to help!

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From settlement figures to making a payment, head to our FAQs to find the answers to our most commonly asked questions.

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