Finance Options at Stourbridge Motors

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Here at Stourbridge Motors we have different options in which you can purchase your vechicle, allowing you to choose the options that best fits you.

Our Finance Options

  • Personal Contract Purchase (PCP) is a popular way to pay for a car. It’s like long-term rental, allowing you to use the car until the contract ends. At the end of the contract, you can: 

    • Return the car
    • Pay the resale value and keep it
    • Use the resale value towards buying a new car.

    Here’s what you need to know about how a PCP works:

    • The agreement lasts three to five years
    • You’ll need to pass a credit check
    • You must pay a deposit upfront
    • The total amount you will pay over the entire length of the contract is often higher than Personal Contract Hire (PCH).
    • You won’t own the vehicle at the end of the agreement; you can buy it by paying a final payment.
    • You can also end the deal without buying the car outright
    • There are strict terms in the agreement, like limits to the miles you can do
    • You’ll often need to stay with the same dealer to be able to use any remaining equity in your car as a deposit for a new car through PCP.


  • Whereas other forms of finance such as PCP, PCH, and HP are widely known in the automotive market, Conditional Sale is one of the more obscure forms of finance offered.

    Similar in many respects to Hire Purchase, a Conditional Sale sees a vehicle registered in your name, with fixed payments made to pay off the vehicle. It allows you to have full use of the vehicle for the term of the agreement, with the caveat that you will not own it until all repayments are made. Failure to make a payment may see the car repossessed as the agreement is secured against the value of the car.

    Where Conditional Sale differs from Hire Purchase is in the fact that there is no ‘option to purchase’ fee at the end of the term. Instead, when the final payment has been made, you own the vehicle.

    A Conditional Sale agreement is the ideal contract for those who want a clear budget and timescale towards owning a car.

    Am I eligible for a Conditional Sale agreement?

    If you are over 18 and have a full UK driving licence you are eligible to apply. Your acceptance for an agreement will then depend on various factors such as affordability, your income and credit history.

    We believe it’s important that everyone has a chance to drive away with their own car, no matter what their circumstances.

Personal Contract Purchase

Conditional Sale

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Contact Us: High Street Audnam Stourbridge DY8 4AQ, Tel: 01384 987 940

  • Worcester Carsales Ltd is acting as a credit broker and not a lender. We can introduce you to a limited number of finance providers and may receive commission from them for the introduction.

    Worcester Carsales Limited, T Wall Garages, High Street, Pensnett, Kingswinford DY6 8XB Company Reg 595935.

    We are also regulated by the Financial Conduct Authority (FCA) Registered number 303948.