Used Car Finance

Personal Contract Purchase (PCP)

Mazda Personal Contract Purchase is flexible and allows shorter term finance agreements, so you can change your car more often. You have the option of taking full ownership of your Mazda with payment of an Optional Final Payment at the end of the contract, returning your Mazda, or exchanging it for a new Mazda.

How It Works

Once you've selected the Mazda you wish to buy, arrange with Hendy Mazda the deposit you wish to pay and the amount you need to borrow for the car. We estimate the minimum amount your car will be worth once your contract finishes, based on the contract term and your anticipated mileage - the Optional Final Payment. To work out your regular payments we add any interest charges and calculate your monthly repayments based on your deposit and the Optional Final Payment. At the end of your contract, when all repayments have been made, you then have three choices:

Renew: Choose another Mazda Use any excess value above the Optional Final Payment towards a deposit for another Mazda. You can trade in your car at any time or sell it privately having settled your account.

Retain: Keep the car. Simply pay the Optional Final Payment, and the car is yours.

Return your car: There's nothing more to pay if the car's in good condition and within the agreed mileage.

Perfect For...

Customers who would like to change their Mazda at more regular intervals. Personal Contract Purchase is flexible and allows shorter term finance agreements, so you can change your car more often.

Hire Purchase (HP)

We offer Hire Purchase facilities for all of our Approved Used vehicles.

The primary benefit of Hire Purchase is that the payments made towards your vehicle are broken down into convenient monthly instalments, allowing you to budget in a more effective manner. Fixed interest rates are applied to the monthly payments, so you never have to deal with any unexpected costs. We will work out a contract with you at the beginning of the process, and the financial costs will remain the same for the duration of the agreement, following an agreed-upon initial deposit.

We also give you flexibility on the duration of the Hire Purchase contract - usually between one and five years. After you have made your final payment with us, the car is yours to own.

Hendy Group are a credit broker not a lender. We can introduce you to lenders and their products which may have different interest rates and charges. We are not an independent financial advisor and you are not obliged to take our advice. We do not charge you a fee for our services. We typically receive commission from the lender (either a fixed fee or a percentage of the amount you borrow) but this does not affect the amount you pay. Authorised and regulated by the Financial Conduct Authority. Reference Number 311625.

Expert advice when you need it

Contact us